Non-fungible token (NFT) asset sales over the past seven days increased by 43.97% compared to the previous week, according to statistics recorded on February 18, 2023. NFT sales volume reached $397, 86 million this week, with 345,716 NFT buyers and approximately 1.62 million transactions.
NFT sales continue to rise in 2023, Ethereum dominates NFT sales with 90% market share
In the last week, sales of non-fungible tokens (NFTs) increased more than 43% higher than the previous week, according to Statistics from cryptoslam.io. NFT sales totaled $397.86 million this week, with the number of buyers increasing by more than 77% to 345,716. NFT sales on the Ethereum blockchain dominated, accounting for $360.32 million, or just over 90% of total sales.
Sales of non-fungible tokens (NFTs) on the Ethereum blockchain led the way, with $360.32 million in sales, an increase of 54.77% from the previous week. Solana-based NFT sales followed with $18,790,359, down 7.47% from last week. In terms of seven-day sales, Ethereum and Solana were followed by Polygon, Immutable X, and Binance Smart Chain, respectively.
The top selling non-fungible token (NFT) collection this week was Otherdeed, with total sales of $47,043,296. Otherdeed’s sales increased by 160.21% compared to the previous week. Following Otherdeed were Azuki, Moonbirds, Mutant Ape Yacht Club (MAYC), and Bored Ape Yacht Club (BAYC). While Azuki sales are up 174.98% this week, Moonbirds NFT sales are up 502.43% from last week.
according to weekly metrics From both dappradar.com and Dune Analytics, the NFT Blur marketplace has outperformed the leading marketplace, Opensea, this week. Dunes Statistics show that Blur captured more than 66% of the market share, while Opensea accounted for 23.9%. Dappradar.com shows that the top five markets this week across various chains were Blur, Opensea, X2Y2, Immutable X Marketplace, and Lookrare, respectively.
What do you think about the recent increase 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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