Non-fungible token (NFT) sales fell again this week, marking the fourth consecutive week of decline, albeit a slight one, with a decline of 6.75%. From September 2, 2023 to September 9, total revenue for the week was approximately $80.69 million, with a notable portion of $42.61 million coming from the Ethereum blockchain.
NFT sales drop 6.75% on weekly decline
NFT sales fell 6.75% this week, as data from cryptoslam.io shows. Over the past seven days, NFT transactions have also fallen by 4.33%. Despite this drop in sales, the number of NFT buyers rose to 569,407, an increase of 17.77% compared to the previous week.
Currently, Ethereum leads the pack among 22 different blockchain networks, accounting for $42.61 million in NFT sales, which represents 52.80% of the market share. After Ethereum we find Mythos, Polygon, Solana and Immutable X, which complete the top five blockchains in terms of NFT sales.
Seven-day sales between September 2, 2023 and September 9, 2023, according to cryptoslam.io statistics.
Although ETH-based NFT sales led the way, they still saw a decline of 12.11%, while Mythos sales rose 25.27% compared to the previous week. Polygon witnessed a 7.21% increase in sales, while Solana NFT sales fell 5.58% during the same period. Immutable
Out of the 22 blockchains, Cronos emerged as the standout performer with a notable 24.22% increase in revenue for the week. Mythos’ Dmarket has become the undisputed network leader in NFT over the past seven days, with $8.15 million in sales.
Following closely behind, Bored Ape Yacht Club (BAYC) secured the second spot among the week’s top collections, with $5 million in sales. Dmarket and BAYC were overshadowed by the likes of Draftkings, Gods Unchained and the Mutant Ape Yacht Club (MAYC), which made up the lineup of the top five NFT collections.
The crown for most valuable digital collectible sold this week went to Fidenza No. 562, which had a price tag of $122,000. A close contender in the race for the most expensive NFT was Cryptopunk #3028, which changed hands for a significant $111,000 to secure second place. Right on its heels, Cryptopunk #3438 earned its place as the third best-selling non-fungible token asset, raising $105,000.
The fourth position was taken by Cryptopunk #4233, trading at $102,000, while Cryptopunk #7542 rounded out the top five, closing the deal at $97,000. It’s worth noting that Cryptopunk Collection NFT sales had a dominant presence in this week’s top ten sales charts.