According to recent data, sales of non-fungible tokens (NFTs) fell 1.31% last week to $308.23 million, down $4.09 million from the previous week’s $312.32 million. NFTs around Bitcoin continued to lead the way among 21 different blockchain networks, seeing a 4.10% increase in sales this week.
RBX Voucher Sale Leads the Pack in Most Expensive NFTs, While Uncategorized Ordinal Compilation Dominates This Week’s Collections
This week, 873,268 NFT buyers and 619,949 sellers were involved in transactions worth $308.23 million in NFT sales. Despite the number of buyers and sellers each increasing by more than 20%, sales fell slightly by 1.31% over the week.
Non-fungible token sales volume over the last seven days.
The most expensive NFT, an Ethereum-based ‘RBX Vesting Voucher #42’, fetched $741,910 four days ago, equivalent to over 328 ether. The second highest valued sale was an “ORDI BRC-20 NFT,” which changed hands two days ago for around 9.72 BTC or $428,277, according to cryptoslam.io statistics.
The top five most expensive NFTs sold last week.
Bitcoin secured the leading position among 21 different blockchains with revenues of $138.58 million, marking an increase of 4.10% from the previous week. Ethereum claimed second place with NFT sales of $69.51 million, down slightly by 0.88% from the previous week.
The top three blockchains in terms of seven-day sales according to cryptoslam.io statistics.
Meanwhile, Solana secured third place with $49 million in revenue, experiencing a notable decline of 32.60% from last week. Polygon’s NFT sales rose 147.24% this week, placing it fourth among the top blockchains in NFT sales, with a total of $21.36 million.
Finally, fifth-place Avalanche reported revenue of $8.6 million, a significant increase of 102.04% week over week. This week’s top-grossing digital collection comes from the Uncategorized Ordinals compilation, which generated $52.15 million in sales.
Gas-hero-coupon NFTs from Polygon followed suit, generating $8.35 million via the Polygon blockchain, while Solana’s Froganas amassed $8.25 million. BRC-20 NFTs raised $6.03 million, and the Dokyo series on Avalanche contributed $5.84 million to this week’s NFT sales.
Despite a slight decline over the past seven days, the market maintains a robust stance, marking a 48% increase in month-on-month sales, with total non-fungible token sales reaching $1.71 billion.
What do you think of last week’s NFT sales? Share your thoughts and opinions on this topic in the comments below.