NFT Sales Jump 20% This Week, While Ethereum, Bitcoin, and Solana NFT Sales Soar 20%

The global non-fungible token market has begun to rise again in trading sales volumes after facing a severe downturn in recent years, as indicated by significant price drops in major nft collections. The nft market has returned to the positive net this week, following in the footsteps of the cryptocurrency market, which has also recently retested some increase. It is worth noting that the nft market is heavily influenced by the rising prices of ethereum and bitcoin.

nft Sales Up 20% This Week

Data obtained by cryptoslam.ioa renowned on-chain crypto market data aggregator and non-fungible token collections explorer backed by crypto billionaire Mark Cuban, indicates that the global non-fungible token market has posted some positive gains this week, breaking its recent resistance barrier . Over the past seven days, the nft market has accumulated a trading sales volume of $91 million, representing a 20.58% increase over last week.

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ethereum, a decentralized peer-to-peer blockchain network recognized in the non-fungible token market for powering the largest nft collections, is this week's most traded blockchain network in the nft ecosystem. Over the past seven days, ethereum-based nft collections have amassed a trading volume of $32 million. During this period, ethereum nft trading sales volume increased by 25.43% from last week.

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bitcoin, the blockchain network recognized in the nft market for hosting Runes, BRC-20 and bitcoin Ordinals nft collections, is this week's second most traded blockchain network in the nft ecosystem. In the last seven days, bitcoin-based nft collections have attracted a trading volume of $21 million. During this time, bitcoin nft trading sales volume increased by 32% from last week.

Solana, one of the popular open source blockchains that supports smart contracts including non-fungible tokens and various decentralized applications, is this week's third most traded blockchain network in the nft ecosystem. Over the past seven days, Solana-based nft collections have attracted $16 million in trade sales volume, up 34% from last week.

Mythos Chain, a permissioned ethereum blockchain optimized for in-game assets that powers the Mythical Games ecosystem and ensures secure and efficient transactions across the ecosystem, is this week's fourth most traded blockchain network in the nft ecosystem. In the past seven days, the Mythos Chain-based nft collection has recorded a trading volume of $5.5 million, surpassing the Polygon network. During this time, Mythos Chain nft trading sales volume increased by 21.22% from last week.

Polygon, the largest scaling solution blockchain network on the ethereum mainnet, has been this week's fifth most traded blockchain network in the nft ecosystem. In the last seven days, Polygon-based non-fungible token collections have accumulated a trading volume of $4 million. During this period, Polygon nft trading sales volume increased by 1.02% from last week.

Best-Selling nft Collections This Week

1. DMarket nft Collection

DMarket, a collection of non-fungible tokens from the DMarket nft marketplace platform built on the Mythos Chain blockchain network, is once again this week's best-selling nft collection. In the last seven days, the DMarket nft collection has recorded a trading volume of $5.2 million. During this period, DMarket nft trading sales volume increased by 22.2% compared to last week.

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2. Uncategorized nft Collection

Uncategorized, an ordinal collection created using the Satoshi Nakamoto Ordinal protocol, containing a diverse variety of digital assets on the bitcoin blockchain that have not yet been identified as part of an established collection, is the second best-selling nft collection in this week. In the last seven days, Uncategorized has recorded a commercial sales volume of $4.8 million. Uncategorized nft sales increased by 1,652% from last week.

3. Bored Ape Yacht Club nft Collection

Bored Ape Yacht Club, the popular non-fungible token collection run by digital asset incubation studio Yuga Labs that features a limited set of 10,000 nfts hosted on the ethereum blockchain network, is this week's third best-selling nft collection. In the last seven days, Bored Ape Yacht Club's nft collection has recorded a trading volume of $2.87 million. Bored Ape nft trading sales volume increased by 45% from last week.

4. Guardian Guild nft Collection

Guild of Guardians, a collection of nfts from Guild of Guardians, a roguelite mobile role-playing game that allows players to create their dream team of Guardians to fight the corrupting terror threat while earning epic rewards, is the fourth largest nft. sold this week. collection. In the past seven days, the Guild of Guardians nft collection has recorded a trade sales volume of $3 million. During this time, Guild of Guardians nft trading sales volume increased by 2.52% compared to last week.

5. Ordinal Maxi Bix Ordinal Collection

Ordinal Maxi Biz, a non-fungible token collection featuring a limited edition of 5,141 profile picture images (PFPs) enrolled on the bitcoin blockchain, is the fifth best-selling nft collection this week. In the last seven days, Ordinal Maxi Biz's collection of non-fungible tokens has increased by $2.6 million. During this time, Ordinal Maxi Biz's ordinal collection increased by 76% compared to last week.

6. Froganas nft Collection

Froganas, a non-fungible token collection from digital artist Tee featuring a limited edition of 5,555 humanoid frogs hosted exclusively on the Solana blockchain network, is this week's sixth best-selling nft collection. In the last seven days, the Froganas nft collection has recorded a trade sales volume of $2.5 million. During this time, Froganas nft trading sales volume increased by 444% compared to last week.

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7. bitcoin Puppet nft Collection

bitcoin Puppets, a non-fungible token collection featuring a limited set of 10,001 unique PFPs hand-drawn in MS Paint by a 12-year-old boy created using the ordinal protocol on the bitcoin blockchain network, is the seventh best-selling nft collection of this week. . In the last seven days, the bitcoin Puppets nft collection has recorded a trading volume of $2.5 million. During this time, bitcoin Puppets nft trading sales volume has plummeted 27% from last week.

8. CryptoPunks nft Collection

CryptoPunks, an nft collection featuring a limited supply of 10,000 pixelated nfts formerly from digital asset incubation studio Larva Labs but currently managed by digital asset incubation studio Yuga Labs, is this week's eighth best-selling nft collection . In the last seven days, CryptoPunks' nft collection has raised a trading volume of $2.3 million. During this time, CryptoPunks nft sales volume has plummeted by 1.92% compared to last week.

9. DogeZuki nft Collection

DogeZuki, a new non-fungible token collection featuring a fixed supply of 2,800 Shiba Inu dog-inspired nfts hosted on the Solana blockchain network, is this week's ninth best-selling nft collection. This nft collection interweaves the words of Doge and Azuki. In the last seven days, the DogeZuki nft collection has recorded a trading volume of $2.3 million. During this time, DogeZuki nft trading sales volume has plummeted by 1.57% compared to last week.

10. TokenVestingPlan nft Collection

TokenVestingPlan, a newly launched non-fungible token collection created exclusively on the ethereum blockchain network, is this week's 10th best-selling nft collection on the nft market. In the last seven days, TokenVestingPlan's nft collection has accumulated a trading volume of $2.1 million. During this period, TokenVestingPlans' nft sales volume increased +1000% compared to last week.

Notable nft Happenings This Week

This weekend, the Yuga Labs community led by Greg Solana and Wylie Aronow will host its annual nft conference, ApeFest2024, in Lisbon, Portugal. ApeFest is an annual festival organized by the BAYC team, dedicated to Bored Ape and Mutant Ape nft owners. This conference-meeting-festival will include conversations with the most successful, ambitious and curious thought leaders in business, marketing, technology and innovation across the web3 ecosystem.

<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”3.5932203389831″>

Only with him twitter.com/BoredApeYC?ref_src=twsrc%5Etfw”>@BoredApeYC twitter.com/hashtag/ApeFest2024?src=hash&ref_src=twsrc%5Etfw”>#ApeFest2024 pic.twitter.com/OWIgAXCySo

— 0x94 (@_0x_94) twitter.com/_0x_94/status/1847951165343818132?ref_src=twsrc%5Etfw”>October 20, 2024

ApeFest2024, along with other activities in the nft market, is expected to recover charges in the non-fungible token market. Last year, the Yuga Labs team put together another nft conference to create a tight-knit community. The conference brought together the cryptocurrency and nft communities to learn, share ideas, and build lasting relationships. It is worth noting that nft events are vital to restoring confidence in the cryptocurrency and nft sectors.

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