This week, sales of non-fungible tokens (NFTs) rose 16.8% from last week, according to the latest digital collectibles statistics. The Ethereum blockchain led the charge among 21 blockchains, capturing the top spot with revenues totaling $148.49 million, marking a substantial increase of 99.08%.
Digital collectibles on the rise: Ethereum surpasses $148 million in NFT sales this week
This week saw another increase in NFT sales, building on the 3.74% increase seen last week. At last count, NFT transactions reached $277.79 million across 21 different blockchain platforms, marking a 16.8% increase. Conversely, the number of NFT buyers fell by 80.74% and the number of sellers fell by 78.71%. Ethereum claimed the lead in these seven days, posting revenues of $148.49 million, while Bitcoin lagged behind with revenues of $52.97 million. Ethereum’s NFT sales rose 99.08%, while Bitcoin’s fell 20.67%.
Sales of Solana-based NFTs also took a hit, falling 21.16% to $39.84 million. After Ethereum (ETH), Bitcoin (BTC) and Solana (SOL) in NFT sales, Polygon and Mythos followed. Polygon’s revenue fell to $8.23 million, a drop of 20.23%, while Mythos managed to buck the trend with an increase of 11.43%, for a total revenue of $6.23 million. The top NFT collection of the week was Ethereum’s Pandora, which raised $56.78 million. Close behind was Ethereum’s Nobody, which achieved $15 million in revenue.
In third place was the Bitcoin-based Uncategorized Ordinals compilation with $13.65 million in revenue. Mythos’ Dmarket secured fourth place and Immutable X’s Gods Unchained took fifth place of the week. The highest sale was Bored Ape Yacht Club (BAYC) NFT #1,726, which fetched $668,297 two days ago. A Bitcoin Honey Badgers NFT followed with sales of $110,256, and BNB’s Lockdealnft rounded out the top three with sales of $61,793. The fourth and fifth highest revenues came from the Solana and Avalanche blockchains, respectively.
What do you think of the NFT sales numbers this week? Share your thoughts and opinions on this topic in the comments below.