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NFT sales surge 94% to $178.8m, Ethereum network ranks first

NFT sales surge 94% to $178.8m, Ethereum network ranks first WikiBit 2024-11-17 01:18

Amidst Bitcoin's new all-time high of $93,434.36, the NFT sales volume has surged by 94.1% to $178.8 million

Amidst Bitcoins new all-time high of $93,434.36, the non-fungible token (NFT) sales volume has surged by 94.1% to $178.8 million.

The global cryptocurrency market capitalization has reached $3.03 trillion, marking a 4% increase over the last day. Bitcoin (BTC) has also retraced slightly, currently trading at $91,295.

The last weeks NFT sales volume stood at $96.1 million. However, according to recent data from CryptoSlam, the NFT sales have nearly doubled.

  • NFT sales volume skyrocketed to $178.8 million
  • Ethereum (ETH) blockchain dominates with $67.5 million in sales (130% increase)
  • Bitcoin maintains a strong second position with $59.2 million
  • NFT buyers surged by 251.19% to 294,626
  • NFT sellers increased by 236.89% to 189,367

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Ethereum NFT sales up by 130%

The Ethereum NFT blockchain sales volume reached $67.5 million this week, showing a 130% increase in the last seven days. Notably, the number of NFT buyers on the Ethereum blockchain grew to 32,064, marking a 48.03% rise.

When it comes to the second position, Bitcoin has solidified its place with a 139.46% increase in the last seven days.

Source: Blockchains by NFT Sales Volume (CryptoSlam)

According to Cryptoslam data, the Bitcoin blockchains NFT volume came at $59.2 million.

Solana (SOL) comes in at the third position with $24.4 million, showing a 94.65% increase during the last seven days.

Mythos Chain (MYTH) remained in fourth place at $10.8 million, with a slight 0.48% decrease during the last seven days.

The fifth place was claimed by Immutable (IMX), which showed a positive 23.82% growth in NFT sales volume at $4.75 million.

$? BRC-20 NFTs retained their position

$? BRC-20 NFTs have maintained their dominance with $28.1 million in sales volume, showing a 207.87% increase.

CryptoPunks secured second place with $23.2 million in sales, marking a 688.74% increase.

Top NFT sales: Data from CryptoSlam

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

  • CryptoPunks #8958 sold for $519,009 (169.69 ETH)
  • CryptoPunks #6472 sold for $463,724 (149.5 ETH)
  • CryptoPunks #1219 sold for $453,302 (140 ETH)
  • BOOGLE #BC4biTu sold for $269,314 (1250.02 SOL)
  • CryptoPunks #784 sold for $216,212 (70 ETH)

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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