NFT Sales Soar 18% In The Past 7 Days, As DMarket NFTs Explode +1,000% In Sales
The global non-fungible token market experienced another remarkable uptick this past week, marked by a 21% increase in buyers and notable high-profile collectible sales. The NFT market started showcasing signs of revival the previous week, recording a 6.16% increase in sales volume after enduring more than three weeks of brutal market meltdown.
NFT Sales Pump 18% In The Past 7 Days
Data compiled by CryptoSlam.io , an on-chain crypto market data aggregation platform designed to offer seamless tracking for NFT collectibles across multiple blockchain networks and backed by the prominent crypto billionaire Mark Cuban, indicates that the global non-fungible token market has surged again in sales volume this past week. In the past seven days, the global NFT market has attracted a trading sales volume of $91 million, representing an 18% increase from the previous week .
During this period, the number of investors who have bought non-fungible token collections has increased. The global NFT market has seen 839,835 crypto traders buying NFTs in the past seven days. Fortunately, this figure has surged by 21% from the previous week. The number of investors who sold their NFTs has also surged this past week. These trading activities have pushed the global NFT market transactions above 2 million, up 72% from the previous week.
Ethereum Leads In NFT Sales Volume
Ethereum, the blockchain network renowned in the NFT market for powering the majority of blue-chip non-fungible token collections, was again the most traded blockchain network this past week. In the past seven days, Ethereum-based NFT collections have amassed a trading sales volume of $27 million, plunged by 3.54% from the previous week.
Mythos Chain, the blockchain network created on the Polkadot network to revolutionize web3 gaming by focusing on cross-chain infrastructure and evolving NFTs, was the second most-traded blockchain network in the NFT market this past week, outpacing dominant blockchain networks like Bitcoin and Solana. In the past seven days, the Mythos Chain-based NFTs have raised a sales volume of $15 million, representing a +6,000 surge from the previous week.
Bitcoin, the blockchain network powering the flagship crypto “Bitcoin (BTC)” and renowned in the NFT market for powering Runes, Ordinals, and BRC-20 NFT collections, has slightly gone down in traction, becoming the third most-traded blockchain network in the NFT ecosystem. The Bitcoin-based NFT collections have raised a trading sales volume of $13 million in the past seven days, plunging 30% from the previous week.
Polygon, the leading scaling solution blockchain network on the Ethereum mainnet, was last week’s fourth most-traded blockchain network in the NFT market. In the past seven days, the Polygon-based non-fungible token collections have attracted a sales volume of $11 million. During this time, the Polygon NFT trading sales volume has increased by 212% from the previous week.
Solana, an open-source blockchain network that supports smart contracts, including non-fungible tokens and various decentralized applications (DApps), has been this past week’s fifth most-traded blockchain network in the NFT market. In the past seven days, the Solana-based NFT collections have attracted a trading sales volume of $11 million. During this time, the Solana NFT trading sales have plunged by 18% from the previous week.
Top Selling NFTs In The Past 7 Days
1. DMarket NFT Collection
DMarket, a non-fungible token collection from DMarket, a renowned NFT Marketplace offering secure buying, selling, and trading of NFT items on Mythos Chain, was this past week’s top most-selling NFT collection. In the past seven days, the DMarket has exploded in sales, amassing a trading sales volume of $14.5 million. The DMarket NFT sales have surged by +1,000% from the past week.
2. BTCat NFT Collection
BTCat, a new non-fungible token collection featuring a limited edition of 10,000 NFTs created on the Polygon blockchain network, was this past week’s second-most-selling NFT collection. In the past seven days, the BTCat NFT collection has raised a trading sales volume of $3.5 million. The BTCats NFT collection launched earlier this month and has gained massive traction.
3. Guild Of Guardians NFT Collection
The Guild of Guardians, a non-fungible token collection from Guild of Guardians, a renowned role-playing NFT game that allows players to take teams of heroes through challenging dungeons to collect redeemable resources, was this past week’s third most-selling NFT collection. The Guild of Guardians NFT collection has amassed a trading sales volume of $3 million in the past seven days. During this time, the Guild of Guardians NFT trading sales plunged 9% from the previous week.
4. Bitcoin Puppets NFT Collection
Bitcoin Puppets, a renowned ordinal collection featuring a limited edition of 10,001 unique PFPs hand-drawn in MS Paint by a 12-year-old artist and stored in the Bitcoin blockchain network, was this past week’s fourth most-selling NFT collection. In the past seven days, the Bitcoin Puppets NFT collection has raised a trading sales volume of $2.4 million. During this time, the Bitcoin Puppets NFT sales volume has plunged by 10.4% from the previous week.
5. DogeZuki NFT Collection
DogeZuki, a non-fungible token collection featuring a limited set of 2,800 Solana-based NFTs fusing the worlds of Doge and Azuki, was past week’s fifth most-selling NFT collection. In the past seven days, the DogeZuki NFT collection has raised a trading sales volume of $2.3 million. During this period, the DogeZuki NFT trading sales volume has plunged 14% from the past month.
Related NFT News:
- Magic Eden Partners With Ubisoft To Launch A New NFT Game On Arbitrum
- Breaking: Daily NFT Sales Jump +440% To +$72M After A Punk NFT Sold For +56M
- Lamborghini And Animoca Brands Set To Launch An NFT Collection Next Month
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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