According to CryptoSlam data, NFT (non-fungible token) sales volume fell 28.42% to $98.18 million, compared to last week.
However, market participation has bucked the trend, with the number of NFT buyers increasing 22.86% to 626,341 and the number of sellers increasing 13.54% to 469,316.
NFT transactions fell 5.08% to 1,458,311. The global cryptocurrency market capitalization has also fallen and now stands at $3.71 trillion, down from last week’s $3.75 trillion.
Summary
- NFT sales fell 28% to $98.18 million, but buyers rose 22.86% to 626,341.
- BAYC’s revenue rose 108%, while DMarket and DX Terminal fell.
- Ethereum-led networks with $41.72 million in NFT sales, up nearly 20% weekly.
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The decline of DMarket, the comeback of BAYC
DMarket, on the Mythos blockchain, is down 34.09% from last week’s $9.05 million. Yet it still holds the top spot with $5.92 million in revenue. The collection processed 209,894 transactions with 17,852 buyers and 13,838 sellers.
DX Terminal on Base held the second position with $5.62 million, down 18.23% from last week’s $7.56 million. The collection recorded 294,979 transactions.
Source: Top Collections by NFT Sales Volume (CryptoSlam)
Bored Ape Yacht Club stormed back to the top rankings in third place with revenue of $5.22 million, an increase of 108.47%.
The Ethereum (ETH) collection had 180 transactions with 115 buyers and 115 sellers.
Pudgy Penguins moved into fourth place with $4.85 million, up 21.07% from last week’s $3.80 million. The collection had 182 transactions with 99 buyers and 105 sellers.
Guild of Guardians Heroes on Immutable-Zk took fifth place with $3.88 million, up 11.11% from last week’s $3.45 million. The collection had 3,100 transactions.
CryptoPunks entered the top six with $3.79 million, up 49.48%. The Ethereum collection processed only 21 transactions with 14 buyers and 16 sellers.
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Ethereum extends lead
Ethereum strengthened its position at the top with revenues of $41.72 million, up 19.72% from last week’s $35.04 million.
The network recorded $3.59 million in laundry trades, bringing the total to $45.31 million. The number of buyers increased by 14.66% to 54,401.
Bitcoin (BTC) was in second place at $11.55 million, down 11.47% from last week’s $13.17 million. The network saw 18,316 buyers, an increase of 36.06%.
Source: Blockchains by NFT Sales Volume (CryptoSlam)
Base remained in third place with $10.36 million, up 7.34% from last week’s $10.19 million. The blockchain recorded $4.93 million in wash trades, with the number of buyers rising 7.92% to 277,561.
Immutable (IMX) climbed to fourth position with $6.56 million, up 12.54% from last week’s $5.73 million. The network had 7,981 buyers, an increase of 32.75%.
Solana (SOL) secured fifth place with $6.16 million, up 30.28% from last week’s $4.92 million. The blockchain attracted 40,011 buyers, an increase of 30.29%.
Mythos Chain fell to sixth place with $6.09 million, down 33.27% from last week’s $9.27 million. The blockchain had 46,981 buyers, an increase of 39.03%.
BNB Chain (BNB) rounded out the top seven with $5.25 million, down 3.76% from last week’s $5.33 million. The number of buyers increased by 33.18% to 43,642.
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CryptoPunk leads high-value trades
- CryptoPunks #8407 surpassed individual sales with $413,469.94 (100 ETH), sold five days ago.
- Bored Ape Yacht Club #3105 came in second for $359,769.63 (90 ETH), sold three days ago.
- V1 Cryptopunks Wrapped #4350 sold seven days ago for $248,839.14 (62.9 ETH).
- Autoglyphs #256 raised $222,558.91 (59 WETH) two days ago.
- CryptoPunks #7378 completed the top five for $212,360.44 (51 ETH), sold five days ago.
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