According to recent data, sales of non-fungible tokens (NFTs) over the last week declined by 1.31% to $308.23 million, a decrease of $4.09 million from the prior week’s $312.32 million. NFTs centered around Bitcoin remained at the forefront among 21 distinct blockchain networks, experiencing a 4.10% uptick in sales this week.
This week saw 873,268 NFT buyers and 619,949 sellers engaging in transactions worth $308.23 million in NFT sales. Despite the buyer and seller counts each surging over 20%, sales dipped slightly by 1.31% over the course of the week.
The priciest NFT, an Ethereum-based “RBX Vesting Voucher #42,” fetched $741,910, equivalent to over 328 ether, four days ago. Following closely, the second-highest valued sale was an “ORDI BRC-20 NFT,” which changed hands for approximately 9.72 BTC or $428,277 two days ago, according to cryptoslam.io statistics.
Bitcoin secured the leading spot among 21 different blockchains with $138.58 million in sales, marking a 4.10% increase from the previous week. Ethereum claimed the second rank with NFT sales amounting to $69.51 million, a slight 0.88% decrease compared to the week prior.
Meanwhile, Solana secured third place with $49 million in sales, experiencing a notable 32.60% downturn from last week. Polygon’s NFT sales surged by 147.24% this week, positioning it fourth among the top blockchains in NFT sales, with a total of $21.36 million.
Finally, in fifth place, Avalanche reported $8.6 million in sales, a significant rise of 102.04% week over week. This week’s highest-grossing digital collectible collection originated from the Uncategorized Ordinals compilation, achieving $52.15 million in sales.
Gas-hero-coupon NFTs from Polygon followed, generating $8.35 million through the Polygon blockchain, while Solana’s Froganas amassed $8.25 million. BRC-20 NFTs garnered $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 last seven days, the market maintains a robust stance, marking a 48% increase in month-over-month revenue with total non-fungible token sales reaching $1.71 billion.
What do you think about the NFT sales over the past week? Share your thoughts and opinions about this subject in the comments section below.