Last week’s non-fungible token sales volume is down 7% and stands at $89.1 million.
The crypto market, which is showing signs of recovery, has turned a corner. According to the latest data, the global cryptocurrency market capitalization has fallen by more than 2% in the past 24 hours.
Compared to last week’s $93 million NFT sales volume, this week has witnessed a modest 7% sales decline:
- NFT sales volume dropped to $89 million.
- The Ethereum (ETH) network maintains its first ranking in terms of volume.
- Solana dethrones Bitcoin (BTC) to claim second position.
- NFT buyers are up more than 42% from last week’s 494,666.
- The number of NFT sellers also rose to 385,184, up from last week’s 252,401.
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Ethereum retains its ranking
Last week, the Ethereum network dethroned Bitcoin with an NFT sales volume of $33.4 million. Ethereum maintained this ranking this week with $31.1 million in revenue.
Compared to last week, Ethereum NFT sales volume is down almost 4%. A closer look at Ethereum data shows that 21% of the volume was accounted for by wash trading.
Source: Blockchains by NFT Sales Volume (CryptoSlam)
Interestingly, Bitcoin lost its second position to Solana. Bitcoin NFT sales have witnessed a 30% decline compared to last week.
Data from CryptoSlam shows that the weekly sales volume of the Bitcoin network is $14.8 million. Solana, on the other hand, has seen a 12% increase, with weekly NFT sales volume reaching $18.3 million.
According to last week’s data, Solana’s (SOL) sales volume was $16.6 million. When it comes to the number of buyers, Solana has maintained and even seen a 56% increase.
The number of NFT buyers on the Solana network last week was 192,543, while this week it stands at 301,523.
Mythos Chain (MYTH) and ImmutableX (IMX) took fourth and fifth place with revenues of $10 million and $3.8 million.
DMarket has been in first place for more than four weeks
DMarket has proven its robustness over the past three weeks by maintaining its first position with the highest sales when it comes to an NFT collection.
DMarket’s revenue was $4.918 million, down 6% from last week’s $5.2 million. Froganas on Solana has seen a 118% increase, becoming the second largest NFT collection with $4.917 million in sales.
Top NFT Sales: Data from CryptoSlam
According to CryptoSlam data, these were the top sales of the past week:
- CryptoPunks #8651 sold for $125,917.28 (50 ETH)
- CryptoPunks #237 sold for $59,970.94 (24 ETH)
- Claynosaurz #10222 sold for $38,422.71 (235 SOL)
- Sorare #3209101205534761733284… sold for $36,488.51 (14.4162 ETH)
- Bored Ape Yacht Club #2213 sold for $34,837.25 (13.7688 ETH)
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