NFT sales drop 9.6% to $160.9m, Ethereum and Bitcoin network sales plunge

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The global cryptocurrency market capitalization has continued to surge, reaching $3.35 trillion from last week’s $3.03 trillion. This marks a 2% increase over the last day, with Bitcoin currently trading at $98,620.

The last week’s NFT sales volume stood at $178.8 million. However, according to recent data from CryptoSlam, the NFT market has seen a pullback.

NFT sales volume decreased to $160.9 million

Ethereum blockchain leads with $51.3 million in sales (23.07% decrease)

Bitcoin follows with $44.6 million (25.67% decrease)

NFT buyers surged by 52.93% to 450,512

NFT sellers increased by 46.74% to 277,767

NFT transactions slightly decreased by 1.26% to 1,606,261

Ethereum NFT sales decline by 23.07%

The Ethereum NFT blockchain sales volume fell to $51.3 million this week, marking a 23.07% decrease in the last seven days.

The number of NFT buyers on the Ethereum blockchain grew to 42,157, showing a 31.45% increase.

Bitcoin maintained its second position despite a 25.67% decrease in the last seven days.

According to the data, Bitcoin blockchain’s NFT volume stood at $44.63 million, with wash trading increasing by 46.05% to $1.57 million.

Solana

secured the third position with $25.8 million, showing resilience with a 6.83% increase during the last seven days.

Polygon (POL) jumped to fourth place with $13.5 million, displaying remarkable growth of 289.66% during the last seven days.

Mythos Chain (MYTH) took the fifth position with $10.7 million in sales, showing a marginal decline of 0.71%.

BRC-20 NFTs maintain market leadership

BRC-20 NFTs continue to lead with $16.6 million in sales volume, despite a 41.39% decrease.

MGGA Hat on Polygon secured second place with $10 million in sales, while CryptoPunks followed with $9.2 million, showing a 60.26% decrease.

The latest data shows that the following NFT collections topped the sales in the last week:

Uncategorized Ordinals #016 sold for $3,795,420 (39.0083 BTC)

CryptoPunks #7098 sold for $368,889 (118 ETH)

CryptoPunks #6285 sold for $339,618 (100 ETH)

CryptoPunks #3152 sold for $332,825 (98 ETH)

Autoglyphs #210 sold for $279,868 (90 WETH)