According to data from CryptoSlam, NFT (non-fungible token) sales volume increased 5.98% to $161.7 million.
Summary
- NFT sales reached $161.7 million, while the number of buyers rose 126% to 382K.
- Ethereum led $102.7 million in NFT sales and regained dominance.
- Pudgy Penguins rose 165% with weekly revenue of $15.6 million.
It is striking that market participation is popular. The number of NFT buyers rose 126.59% to 382,846 and the number of sellers rose 124.15% to 341,290. NFT transactions also rose 2.48% to 1,703,436.
At the same time, the price of Bitcoin (BTC) has continued to decline and is now at the $106,000 level. Ethereum (ETH) has also fallen further to $3,800.
The global cryptocurrency market cap has shrunk to $3.62 trillion, down from last week’s $3.78 trillion. However, the NFT sector is showing signs of recovery with improved market participation.
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45.com dominates, Pudgy Penguins follow
The 45.com collection on Ethereum has claimed the top spot with $31.28 million in sales across 9,607 transactions. The collection attracted 4,980 buyers, but had only 5 sellers, resulting in flat growth of 0.00%.
Pudgy Penguins secured second place with revenue of $15.61 million, up 165.38% from last week’s $6.63 million.
Source: Top Collections by NFT Sales Volume (CryptoSlam)
The Ethereum collection processed 528 transactions, in which 252 buyers and 220 sellers participated. LilPudgys also performed well, landing in seventh place at $4.60 million with a gain of 27.24%.
DX Terminal on Base fell to third place with $9.99 million, down 23.84% from last week’s $13.03 million. The collection recorded 553,255 transactions with 106,605 buyers and 105,740 sellers.
DMarket held the fourth position with $8.07 million, up 4.78% from last week’s $7.72 million. The Mythos-based collection had 215,010 transactions.
Bored Ape Yacht Club climbed to fifth place with $5.47 million, up 2.78% from last week’s $5.30 million. The collection had 127 transactions with 73 buyers and 76 sellers.
Moonbirds finished in sixth place with $5.32 million, down 20.23% from last week’s $7.01 million. The Ethereum collection processed 481 transactions.
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Ethereum regains dominance
Ethereum returned to the top blockchain position with revenue of $102.67 million, up 23.45% from last week’s $86.46 million. The network recorded $12.54 million in laundry trades, bringing the total to $115.21 million. The number of buyers increased by 71.47% to 33,535.
Base fell to second place with $13.20 million, down 13.73% from last week’s $15.56 million. The blockchain recorded $5.03 million in wash trading, with buyers rising 138.32% to 226,471.
Bitcoin fell to third place at $10.11 million, down 27.76% from last week’s $14.04 million. The network saw 8,388 buyers, representing an increase of 163.11%.
Source: Blockchains by NFT Sales Volume (CryptoSlam)
Mythos Chain maintained the fourth position at $8.23 million, up 5.10% from last week’s $12.86 million. The blockchain attracted 23,647 buyers, representing an increase of 147.15%.
BNB Chain (BNB) came in fifth on the rankings with $6.51 million, down 6.75%. The blockchain had 21,523 buyers, an increase of 234.68%.
Solana (SOL) secured sixth position with $5.40 million, down 24.56% from last week’s $7.58 million. The network recorded 21,884 buyers, an increase of 129.10%.
Bored Ape Yacht Club #1878, which led the individual sale at $1.65 million (400 ETH), sold six days ago.
Four CryptoPunks completed the top five:
- CryptoPunks #854 sold six days ago for $195,823.70 (47.46 ETH)
- CryptoPunks #5054 sold five days ago for $194,037.84 (47 ETH)
- CryptoPunks #8746 sold five days ago for $193,859.75 (46.69 ETH)
- CryptoPunks #9537 sold three days ago for $192,416.83 (46 ETH)
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