Following the crypto market’s recent surge, non-fungible token (NFT) sales volume increased 16.3% to $96.1 million.
The overall crypto market has shown strong positive momentum lately.
Following Donald Trump’s victory in the US presidential election, Bitcoin (BTC) hit a new all-time high of $77,252.75.
According to the latest CoinMarketCap data, the global cryptocurrency market capitalization has increased 3.29% to $2.6 trillion at the time of writing.
NFT sales volume reached $84.6 million last week. But according to recent data from CryptoSlam, NFT sales are up 16.1%.
- NFT sales volume increased to $96.1 million
- Ethereum (ETH) blockchain still holds its first position with revenues of $31.19 million
- Bitcoin overtakes Solana (SOL) for second place with $26.3 million
- The number of NFT buyers fell by 90.20%
- NFT sellers fell 88.80% from last week
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Ethereum NFT Sales Rise 14%
Ethereum NFT blockchain sales volume this week reached $31.2 million. This shows an increase of 14.% in the last seven days.
Interestingly, the number of NFT buyers on the Ethereum blockchain has dropped significantly to 21,575.
Source: Blockchains by NFT Sales Volume (CryptoSlam)
When it comes to second place, Bitcoin has overtaken Solana, with an impressive 93% increase in the last seven days.
According to the data, the Bitcoin blockchain’s NFT volume reached $26.3 million. The Bitcoin network has shown the strongest growth of all chains.
Solana climbed to third place with $12.9 million, down 19.3% over the past seven days.
Mythos Chain (MYTH) was in fourth place with $10.8 million, down 1.3% over the past seven days.
Polygon (POL) took fifth place, showing a 12.3% increase in NFT sales volume. Ethereum was responsible for the majority of the wash trading worth $3.05 million.
DMarket loses first place to $?? BRC-20 NFTs
DMarket’s sales volume was $5.58 million, down 2.7% during the period.
DMarket lost its first ranking, which it had held for several weeks, to $?? BRC-20 NFTs.
$?? BRC-20 NFTs saw a 462% increase in NFT sales, reaching $10.45 million at the time of writing.
Top NFT Sales: Data from CryptoSlam
The data also shows that the following NFT collections topped sales this past week:
- SuperRare #7533 sold for $198,680
- CryptoPunks #7596 sold for $154,044
- Protoshrooms sold for $142,742
- CryptoPunks #5668 sold for $122,506
- CryptoPunks #8881 sold for $119,622
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