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The global non-fungible token market is gradually recovering, and the trading volume on major blockchain networks has seen a remarkable rebound. Blockchain networks Polygon and Solana are leading the market recovery with an impressive increase of 44% and 17%. In this article, we will take an in-depth look at the full state of the nft market this week.
nft sales up 9.30% this week
Data obtained by CryptoSlam.ioa renowned non-fungible token collection explorer backed by billionaire cryptocurrency investor Mark Cuban, shows that the non-fungible token market continues its market recovery journey and has recorded another positive gain this week. Over the past seven days, the global nft market has attracted a trading sales volume of $98 million, up 9.30% from last week.
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<img decoding="async" alt="nft sales in the last 7 days” width=”841″ height=”255″ srcset=”https://technicalterrence.com/wp-content/uploads/2024/08/NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nft-sales-in-the-past-7-days-2-300×91.png 300w, https://technicalterrence.com/wp-content/uploads/2024/08/NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nft-sales-in-the-past-7-days-2-1024×310.png 1024w, https://technicalterrence.com/wp-content/uploads/2024/08/NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nft-sales-in-the-past-7-days-2-768×232.png 768w, https://technicalterrence.com/wp-content/uploads/2024/08/NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nft-sales-in-the-past-7-days-2.png 1114w” data-lazy-sizes=”(max-width: 841px) 100vw, 841px” src=”https://technicalterrence.com/wp-content/uploads/2024/08/NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nft-sales-in-the-past-7-days-2-300×91.png”/>
nft-sales-in-the-past-7-days-2-300×91.png.webp 300w, https://technicalterrence.com/wp-content/uploads/2024/08/NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nft-sales-in-the-past-7-days-2-1024×310.png.webp 1024w, https://technicalterrence.com/wp-content/uploads/2024/08/NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nft-sales-in-the-past-7-days-2-768×232.png.webp 768w, https://technicalterrence.com/wp-content/uploads/2024/08/NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nft-sales-in-the-past-7-days-2.png.webp 1114w” sizes=”(max-width: 841px) 100vw, 841px”/>
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During this period, the number of cryptocurrency investors purchasing non-fungible token collections has increased significantly. Over the past seven days, the global nft market has seen nearly 600,000 traders purchase digital items, representing a 31% increase from last week. The global nft market has recorded over 1.7 million transactions, down 0.14% from last week.
ethereum, the same blockchain network that powers ethereum (eth) and renowned in the nft market for hosting the majority of top-tier non-fungible token collections, has been the most traded blockchain network this week in the nft market. Over the past seven days, ethereum-based nft collections have accumulated a trade sales volume of $33 million, up 2.63% from last week.
nft-sales-by-chain-in-the-past-7-days-1-300×169.png.webp 300w, https://technicalterrence.com/wp-content/uploads/2024/08/NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nft-sales-by-chain-in-the-past-7-days-1.png.webp 674w” srcset=”data:image/svg+xml,%3Csvg%20xmlns=’http://www.w3.org/2000/svg’%20viewBox=’0%200%20840%20473’%3E%3C/svg%3E” data-lazy-sizes=”(max-width: 840px) 100vw, 840px”/>
<img decoding="async" alt="nft sales by chain in the last 7 days” width=”840″ height=”473″ srcset=”https://technicalterrence.com/wp-content/uploads/2024/08/NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nft-sales-by-chain-in-the-past-7-days-1-300×169.png 300w, https://technicalterrence.com/wp-content/uploads/2024/08/NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nft-sales-by-chain-in-the-past-7-days-1.png 674w” data-lazy-sizes=”(max-width: 840px) 100vw, 840px” src=”https://technicalterrence.com/wp-content/uploads/2024/08/NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nft-sales-by-chain-in-the-past-7-days-1-300×169.png”/>
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Solana, a public, open-source blockchain that supports smart contracts, including non-fungible tokens, and various decentralized applications, has been the second most traded nft blockchain network of the week. Over the past seven days, Solana-based nft collections have attracted $20 million in commercial sales volume. Solana nft sales are up 17% from last week.
bitcoin, the blockchain network that hosts bitcoin (btc) and is well-known in the global nft market for powering the Ordinals Runes and BRC-20 non-fungible token collections, is the third most traded blockchain network this week in the nft ecosystem. Over the past seven days, bitcoin-based nft collections have seen a sales volume of $14 million. bitcoin nft sales volume has increased by 10.39% this week compared to the previous week.
Polygon, a blockchain network with a “layer two” or “sidechain” scaling solution that runs alongside the ethereum blockchain, has been the fourth most traded blockchain network this week in the nft ecosystem. Over the past seven days, Polygon-based non-fungible token collections have accumulated $11 million in trade sales volume. Polygon-based nft sales are up 44% this week compared to the previous week.
Mythos Chain, another layer-two blockchain network that leverages the ethereum Virtual Machine (EVM) for compatibility, has been the fifth most traded blockchain network this week, surpassing giant chains such as Immutable and BNB Chain. Over the past seven days, Mythos-based nft collections have seen a trade sales volume of $3.9 million. Mythos-based nft sales are up 21% from last week.
The best-selling nfts this week
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<img decoding="async" alt="The best-selling nfts in the last 7 days 1″ width=”842″ height=”376″ srcset=”https://technicalterrence.com/wp-content/uploads/2024/08/1725026981_821_NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nfts-in-the-past-7-days-1-1-300×134.png 300w, https://technicalterrence.com/wp-content/uploads/2024/08/1725026981_821_NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nfts-in-the-past-7-days-1-1.png 667w” data-lazy-sizes=”(max-width: 842px) 100vw, 842px” src=”https://technicalterrence.com/wp-content/uploads/2024/08/1725026981_821_NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nfts-in-the-past-7-days-1-1-300×134.png”/>
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1. CryptoPunks nft Collection
CryptoPunks, a collection of non-fungible tokens that includes a limited number of 10,000 ethereum nfts previously created by Larva Labs and currently managed by digital asset firm Yuga Labs, is the leader of this week’s nft market. Over the past seven days, the CryptoPunks nft collection has raised $5.4 million in trade sales volume. The Punks’ nft sales volume has plummeted by 23% this week compared to last week.
2. DMarket nft Collection
DMarket, a collection of non-fungible tokens from virtual asset marketplace platform DMarket hosted on the Mythos Chain network, is once again the second best-selling nft collection this week. Over the past seven days, DMarket’s nft collection has seen a trading sales volume of $3.8 million. However, DMarket’s nft trading sales volume has plummeted by 22% from last week.
3. Solana Monkey Business nft Collection
Solana Monkey Business, a non-fungible token collection featuring a fixed set of 5,000 unique 24×24 pixelated monkeys randomly generated and stored on the Solana blockchain network, is the third best-selling nft collection this week. Over the past seven days, the Solana Monkey Business nft collection has raised a commercial sales volume of $3.7 million. During this period, Solana Monkey Business sales volume has increased by 63% compared to last week.
4. Guild Of Guardians nft Collection
Guild of Guardians, a collection of non-fungible tokens from Guild of Guardians, a popular mobile role-playing game that allows players to race a team of heroes through challenging dungeons to collect resources, has been the fourth best-selling nft collection this week. Over the past seven days, the Guild of Guardians nft collection has garnered a commercial sales volume of $3.5 million. Guild of Guardians nft commercial sales volume has increased by 14% this week compared to the previous week.
5. Bored Ape Yacht Club nft Collection
Bored Ape Yacht Club, the all-time best-selling nft collection from digital asset incubation studio Yuga Labs, which includes a fixed set of 10,000 nfts hosted on the ethereum blockchain network, has been the fifth best-selling nft collection this week. Over the past seven days, the Bored Ape Yacht Club nft collection has accumulated a commercial sales volume of $2.9 million. During this time, Bored Ape nft commercial sales volume has increased by 12% compared to last week.
6. Sorare nft Collection
Sorare, a collection of non-fungible tokens from Sorare, the cryptocurrency-based fantasy sports video game operating on the ethereum network, is the sixth best-selling nft collection this week. The fantasy nft game is famous for offering games from over 300 football clubs and over 40 football leagues from around the world. In the past seven days, Sorare’s nft collection has recorded a trading sales volume of $2.6 million. Sorare’s nft trading sales volume has plummeted by 5.63% compared to last week.
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<img decoding="async" alt="The best-selling nfts in the last 7 days 2″ width=”841″ height=”297″ srcset=”https://technicalterrence.com/wp-content/uploads/2024/08/1725026981_821_NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nfts-in-the-past-7-days-2-1-300×106.png 300w, https://technicalterrence.com/wp-content/uploads/2024/08/1725026981_821_NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nfts-in-the-past-7-days-2-1.png 710w” data-lazy-sizes=”(max-width: 841px) 100vw, 841px” src=”https://technicalterrence.com/wp-content/uploads/2024/08/1725026981_821_NFT-sales-soar-9-this-week-while-Polygon-Bitcoin-and”https://technicalterrence.com/crypto/nft/”>nfts-in-the-past-7-days-2-1-300×106.png”/>
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7. DogeZuki nft Collection
DogeZuki, a recently launched non-fungible token collection featuring a fixed supply of 2,800 Shiba Inu-inspired nfts hosted on the Solana blockchain network, is the seventh best-selling nft collection this week. Over the past seven days, the DogeZuki nft collection has raised a commercial sales volume of $2.5 million. During this period, the commercial sales volume of the DogeZuki nft collection has increased by 14.85% compared to last week.
8. NodeMonkes nft Collection
NodeMonkes, a non-fungible token collection featuring a limited edition of 10,000 nfts created on the bitcoin blockchain network using Satoshi Nakamoto’s Ordinal Protocol, has been the eighth best-selling nft collection this week. Over the past seven days, the NodeMonkes nft collection has raised a commercial sales volume of $2.3 million. NodeMonkes nft sales volume has increased by 70.44% compared to last week.
9. Chubby Penguin nft Collection
Pudgy Penguins, a non-fungible token collection from digital asset firm Igloo Inc. that includes a limited edition of 8,888 nfts hosted on the ethereum blockchain network, is the ninth best-selling nft collection this week. Over the past seven days, the Pudgy Penguins nft collection has accumulated a trading sales volume of $2 million. During this period, Pudgy Penguins nft sales volume has increased by 16.53% compared to last week.
10. MKgirl nft Collection
MKgirl, a collection of non-fungible tokens featuring a limited supply of 2,000 nfts hosted on the Polygon blockchain network, is the 10th best-selling nft collection this week. Over the past seven days, MKgirl’s nft collection has seen a commercial sales volume of $1.8 million, rounding out our top ten list of best-selling nfts. During this time, MKgirl’s nft collection has increased by over 100% compared to last week.
Top nft collectibles sales this week
The Autoglyphs #366 nft series was the most expensive nft sold this week, selling for $255,350 twenty hours ago. The gUSDC Locked Deposit #249 was the second most expensive nft sold this week, selling for $184,956 four days ago. Ordinal Maxi Biz was the third most expensive nft collection sold this week, selling for $81,499 two days ago. Lastly, Paraluni Perpetual Bond is the fourth most expensive nft, selling for $69,035 two days ago.
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