Sales of non-fungible tokens have increased by 22.5% weekly, reaching $93 million, according to the most recent statistics.
The NFT market is seeing increased volume and other measures while the crypto market is showing gradual signs of recovery. Take a look at this:
- From $77.6 million last week, NFT sales volume jumped to $93 million this week.
- In terms of transaction volume, the Ethereum network has surpassed Bitcoin’s network.
- Buyers of NFTs almost doubled from 263,804 last week to 494,666 this week.
- With 252,401 members, the number of NFT sellers has also increased by 108%.
Comparison of Ethereum & Bitcoin
In terms of sales volume during the past week, Ethereum has surpassed Bitcoin, which has been holding its position as the top cryptocurrency.
From $26.6 million last week, the volume of Ethereum NFT sales has increased. As of this writing, sales have reached $33.4 million, an increase of more than 30%. With a weekly sales volume of $21.6 million, Bitcoin has also shown a 36% spike.
In contrast, wash trading accounted for $5.3 million of Ethereum’s volume. When compared to the $902,000 wash trade for Bitcoin, this is a significant increase.
According to Cryptoslam data, Solana is still holding strong at #3, as it was last week as well. The weekly volume of NFT sales for Solana was $16.6 million.
Next on the list are Mythos Chain (MYTH), with sales of $5.5 million, and Polygon, with sales of $3.9 million.The number of NFT buyers has remained at 192,543, with Solana maintaining its lead. From 60,115 last week, this is an impressive 220% increase.
DMarket Holds Top Position for Over Three Weeks
Like the last two weeks, DMarket stays at the top of the list with $5.2 million in sales. Having said that, compared to $8.02 million last week, sales are down nearly 30%.
According to the sales numbers, Ordinals is in second place with $4.86 million. Within the past week, sales of this NFT collection have increased by 1,800%.
Here are the top seven days’ worth of NFT sales as reported by Cryptoslam:
Rank | NFT Collection | NFT ID | Sale Price | Cryptocurrency |
1 | Ordinal Maxi Biz (OMB) | #882b65…a96ei0 | $109,079 | 1.5942 BTC |
2 | Ordinal Maxi Biz (OMB) | #591165…c718i0 | $87,895.17 | 1.2857 BTC |
3 | Ordinal Maxi Biz (OMB) | #32b13f…6c26i0 | $91,085.87 | 1.3371 BTC |
4 | CryptoPunks | #8135 | $78,503.09 | 29.75 ETH |
5 | CryptoPunks | #6409 | $79,237.16 | 29.99 ETH |