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Home»NFT»NFT sales rise 16.8% this week, Ethereum dominates with top volumes
NFT

NFT sales rise 16.8% this week, Ethereum dominates with top volumes

2024-02-10No Comments2 Mins Read
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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.

See also  NFTSCAN joins Conduit Marketplace to expand NFT -Detailing in 20+ block chains

What do you think of the NFT sales numbers this week? Share your thoughts and opinions on this topic in the comments below.

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Dominates Ethereum NFT Rise sales Top Volumes week
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