As bitcoin moves towards the $100,000 mark, reaching a new all-time high of $99,655.50, non-fungible token (nft) sales volume has shown a 9.6% drop to $160.9 million of dollars.
The global cryptocurrency market capitalization has continued to rise, reaching $3.35 trillion from $3.03 trillion last week. This marks a 2% increase from the last day, with bitcoin (btc) currently trading at $98,620.
Last week's nft sales volume amounted to $178.8 million. However, according to recent data from CryptoSlamThe nft market has experienced a decline.
- nft sales volume decreased to $160.9 million
- ethereum (eth) blockchain leads with $51.3 million in sales (23.07% decrease)
- bitcoin follows with $44.6 million (a decrease of 25.67%)
- nft Buyers Increased 52.93% to 450,512
- nft Sellers Increased 46.74% to 277,767
- nft transactions decreased slightly by 1.26% to 1,606,261
ethereum nft sales decrease by 23.07%
ethereum nft blockchain sales volume fell to $51.3 million this week, marking a 23.07% decline over the past seven days.
The number of nft buyers on the ethereum blockchain increased to 42,157, an increase of 31.45%.
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bitcoin maintained its second position despite a 25.67% drop in the last seven days.
According to the data, bitcoin blockchain nft volume stood at $44.63 million, with wash trading increasing by 46.05% to $1.57 million.
Solana (SOL) took third place with $25.8 million, showing resilience with an increase of 6.83% over the last seven days.
Polygon (POL) jumped to fourth place with $13.5 million, showing a notable growth of 289.66% over the past seven days.
Mythos Chain (MYTH) took fifth position with $10.7 million in sales, showing a marginal decline of 0.71%.
BRC-20 nfts maintain market leadership
BRC-20 nfts continue to lead with $16.6 million in sales volume, despite a 41.39% decline.
MGGA Hat on Polygon took second place with $10 million in sales, while CryptoPunks followed with $9.2 million, showing a decrease of 60.26%.
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The latest data shows that the following nft collections topped sales last week:
- Uncategorized Ordinals #016 sold for $3,795,420 (39.0083 btc)
- CryptoPunks #7098 sold for $368,889 (118 eth)
- CryptoPunks #6285 sold for $339,618 (100 eth)
- CryptoPunks #3152 sold for $332,825 (98 eth)
- Autoglyphs #210 sold for $279,868 (90 WETH)
