The weekly sales volume for non-fungible tokens has increased by 22.5%, reaching $93 million, according to the latest statistics.
As the cryptocurrency market begins to recover gradually, the NFT sector is experiencing a rise in volume and other important metrics. Here’s a brief overview:
- NFT sales volume increased to $93 million, up from $77.6 million the previous week.
- The Ethereum (ETH) network has surpassed the Bitcoin (BTC) network in terms of sales volume.
- The number of NFT buyers nearly doubled from last week’s 263,804 to 494,666.
- The amount of NFT sellers also saw a substantial rise of 108%, totaling 252,401.
Ethereum vs. Bitcoin
Bitcoin, which has long held its prime position, has recently been overtaken by Ethereum for sales volume over the past week.
The sales volume for Ethereum NFTs has jumped from last week’s $26.6 million, experiencing an increase of over 30% to reach $33.4 million at the time of writing.
Bitcoin has showcased a 36% increase as well, with its weekly sales volume reaching $21.6 million.
However, regarding Ethereum, $5.3 million of its volume was attributed to wash trading, significantly more than Bitcoin’s wash trading figures of $902,000.
According to Cryptoslam data, Solana (SOL) has held onto its third-place position just like last week, reporting a weekly NFT sales volume of $16.6 million.
Mythos Chain (MYTH) and Polygon (POL) took the next two spots on the leaderboard, generating $5.5 million and $3.9 million in sales, respectively.
In terms of NFT buyers, Solana remains in the lead with 192,543 buyers, marking a significant 220% increase from last week’s 60,115.
DMarket keeps first place for over three weeks
Similar to the previous two weeks, DMarket continues to lead with the highest sales totaling $5.2 million, although this represents a nearly 30% decline from last week’s $8.02 million.
The second position is held by Uncategorized Ordinals, which saw $4.86 million in sales, witnessing an impressive 1,800% increase within the last week.
As reported by Cryptoslam, here are the top NFT sales from the past seven days:
- Ordinal Maxi Biz (OMB) #882b65…a96ei0 sold for $109,079 (1.5942 BTC).
- Ordinal Maxi Biz (OMB) #32b13f…6c26i0 sold for $91,085.87 (1.3371 BTC).
- Ordinal Maxi Biz (OMB) #591165…c718i0 sold for $87,895.17 (1.2857 BTC).
- CryptoPunks #6409 sold for $79,237.16 (29.99 ETH).
- CryptoPunks #8135 sold for $78,503.09 (29.75 ETH).
