Sales of non-fungible tokens (NFTs) have witnessed a notable increase over the past week, rising 11.62% to $442.02 million in the past seven days. The top transaction was the sale of the headband-wearing ‘Alien’ Cryptopunk #3,100 for $16 million, with Bitcoin-based NFTs claiming the lead in sales volume across 22 different blockchains.
7-day NFT sales increase 11.62%
This week saw another surge in NFT transactions, with Bitcoin-based NFTs leading the way, generating $166,090,817 in sales. According to figures from cryptoslam.io, demand for Bitcoin digital collectibles increased by 14.26% from the previous week.
Leading the charge were two collections on the Bitcoin blockchain, with Uncategorized Ordinals and Nodemonkes taking in $41.46 million and $37.02 million respectively. The Natcats Tap NFTs collection also had a significant impact, with sales of $11,227,067, securing the fourth position.
Ethereum-based NFT transactions followed closely behind Bitcoin, recording the second highest turnover of $165,264,274. Cryptopunks led the Ethereum collections, becoming the third largest in weekly sales with $27,041,685.
Additionally, Bored Ape Yacht Club (BAYC) and Pudgy Penguins contributed significantly to Ethereum’s success this week, securing revenue between $11,210,023 and $10,978,077. Overall, Ethereum NFT sales saw an increase of 11.72% from the previous week.
Third to fifth in NFT sales were the Solana, BNB Chain and Mythos Chain blockchains. The Blast blockchain saw the most substantial weekly growth, rising 196.64% to revenues of $5,306,912.
Bitcoin.com News highlighted the sale of the ‘Alien’ Cryptopunk #3,100 for $16 million as the highlight of the week. Notable sales included Solana’s Boogle #071 for $355,368 and an Uncategorized Ordinal NFT for $353,833.
Additionally, the largest ordinal inscription, the Runestone, was auctioned on Friday for 8 BTC ($544,713). Leonidas, the creator of Runestop, stated that all proceeds from this auction would support network costs for the Runestone airdrop initiative.
What do you think of the NFT sales numbers this week? Share your thoughts and opinions on this topic in the comments below.