NFT sales surged 18.43% this week, led by Ethereum with $233.85 million in NFT settlements – Markets & Prices
Non-fungible token (NFT) sales grew by 18.43% this week, totaling $272.68 million. However, the number of NFT buyers decreased by 60.31% to approximately 195,716. Ethereum NFT sales continue to lead the market, with $233.85 million in total sales, up 25.42% from last week.
Top NFT collections of the week: OtherDead leads with $18.26 million sold
NFT sales grew by 18.43% this week, with more than 20 blockchain projects issuing NFTs recording $272.68 million in sales. Ethereum led the market, accounting for 85.76% of total sales at $233.85 million. ETH-based NFT sales also increased by 25.42% from last week.
Number of NFT sales and NFT buyers over the last seven days.
Solana ranked second in NFT sales, recording $20,415,068 in the past week. However, this figure shows a decrease of 25.95% as compared to the previous week. Ethereum and Solana were followed by Immutable X, Polygon and Cardano in NFT sales, respectively. Immutable X saw $6,222,375 in sales, Polygon recorded $3,469,913, and Cardano had $3,132,714 in total sales last week.
Here are the top five most expensive NFTs sold last week, according to data from Cryptoslam.io.
The best-selling NFT collection last week was OtherDead, which generated $18,260,273 in sales. Bored Ape Yacht Club (BAYC) followed with $16,520,662 in sales. Other collections in the top five were Mutant Ape Yacht Club (MYC), Czech VV Version, Doodle and Sewer Pass. Of these five collections, BAYC saw the biggest increase in sales, growing 31.35% from the previous week.
The most expensive NFT sold last week was Cryptopunk #5,066, which sold five days ago for $1.4 million. BAYC was #7,090 following this sale, which sold for $1.3 million four days ago. Cryptopunk #2,886 sold for $454,744 the day before, otherdeed #54,421 sold for $327,796, and otherdeed #67,782 sold for $282,219 this week. According to nftpricefloor.com data, the current highest minimum price for BAYC NFTs is 70.97 ETH, followed by Cryptopunks at 63.29 ETH as of 9:30 AM ET on February 11, 2023.
Tags in this story BAYC, Blockchain, Bored Ape Yacht Club, Buyers, Cardano, Checks VV Edition, cryptopunk, cryptoslam.io, Decrease, Doodles, ETH, Ethereum, Floor Value, Immutable X, Increase, Market Leader, MAYC, Mutant Ape yacht club, nft, nft collectibles, nft investment, nft market, nft market trends, nft sales figures, nftpricefloor.com, non-fungible token, other action, cent, polygon, last week, sale, sewer pass, solana, top- Selling Collection, Total Sales
What are your thoughts on the continued growth in NFT sales and Ethereum’s dominance in the market? Share your opinion in the comments below.
jamie redman
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