NFT Sales Surge Over 43% in Past Week, Topping $397 Million

According to statistics recorded on February 18, 2023, non-fungible token (NFT) asset sales have increased by 43.97% over the past seven days compared to the previous week. and approximately 1.62 million transactions.

NFT sales continue to rise in 2023, Ethereum dominates NFT sales with 90% market share

Sales of non-fungible tokens (NFTs) surged last week, up more than 43% from the previous week. statistics by NFT sales this week were $397.86 million, with buyers up over 77% to 345,716. NFT sales on the Ethereum blockchain dominated, accounting for $360.32 million, or just over 90% of total sales.

NFT sales up over 43% last week to top $397 million

Sales of non-fungible tokens (NFTs) on the Ethereum blockchain lead the way with $360.32 million in sales, up 54.77% from the previous week. It was followed by NFT sales in Solana with $18,790,359, down 7.47% from last week. In terms of seven-day sales, Ethereum and Solana are followed by Polygon, Immutable X and Binance Smart Chain, respectively.

NFT sales up over 43% last week to top $397 million

The top-selling non-fungible token (NFT) collection this week was Otherdeed with $47,043,296 in total sales. Otherdeed sales are up 160.21% from the previous week. After Otherdeed there were Azuki, Moonbirds, Mutant Ape Yacht Club (MAYC) and Bored Ape Yacht Club (BAYC). While Azuki’s sales are up 174.98% this week, Moonbirds’ NFT sales are up 502.43% from last week.

By weekly indicators From both and Dune Analytics, the NFT marketplace Blur outperformed market leader Opensea this week. Dunes statistics show that Blur captured over 66% of the market share, while Opensea’s share was 23.9%. shows that the top five marketplaces this week on various networks were Blur, Opensea, X2Y2, Immutable X Marketplace and Lookrare, respectively.

What do you think of the recent spike in NFT sales this week? Do you think this trend will continue in the future? Share your thoughts in the comments section below.

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