Amid the recent cryptocurrency market price decline, non-fungible token (nft) sales volume has fallen 6% to $84.6 million.
Although the cryptocurrency market recently showed slight signs of a positive trajectory, all gains seem to have been erased now.
According CoinMarketCap DataThe global crypto market capitalization has fallen 1.39% at press time to $2.31 trillion.
Last week, nft sales volume amounted to $89.1 million. However, according to recent data from CryptoSlamnft sales volume has plummeted by 6%.
- nft sales volume fell to $84.6 million.
- The ethereum (eth) blockchain still holds its top position with $28.3 million in sales.
- Solana (SOL) maintains its second position for two weeks in a row.
- The number of nft buyers skyrocketed by 21%.
- nft sellers are also up 30% from 385,184 last week.
ethereum nft Sales Drop More Than 6.6%
The nft sales volume of the ethereum nft blockchain stood at $31.1 million last week. However, the latest data shows that sales have dropped from the $30 million level to $28.3 million.
Comparatively, this week has been down, with a drop of 6.6% in the last seven days. Interestingly, the number of nft buyers on the ethereum blockchain increased by 17.4% to 56,021.
<img loading="lazy" decoding="async" width="1024" height="489" src="https://crypto.news/app/uploads/2024/11/Screenshot-2024-11-02-at-8.50.29 PM-1024×489.png” alt=”nft sales fall 6% to $84.6 million, Solana maintains ranking for second consecutive week – 1″/>
As for the second position, Solana maintains the position for two weeks in a row, although in the last seven days it fell 11.3%.
According to the data, the nft volume of the Solana blockchain stood at $16.1 million. The number of nft buyers also recorded a decent 27.7% and increased to 385,272.
bitcoin (btc) has shown the smallest drop in sales, with a loss of 2.78% and standing at $14.12 million.
Mythos Chain (MYTH) ranked fourth with $10.9 million, down 6.65% over the past seven days.
Fifth place went to Immutable (IMX), which showed a modest 6.2% in nft sales volume. ethereum accounted for the majority of the wash trade at $3.66 million.
DMarket remains unhinged in first place
DMarket's sales volume stood at $5,744 million, with a drop of 11.62% during this period.
Guild of Guardians Heroes 2 took second place with $3.28 million in sales.
<img loading="lazy" decoding="async" width="1024" height="591" src="https://crypto.news/app/uploads/2024/11/Screenshot-2024-11-02-at-9.16.15 PM-1024×591.png” alt=”nft sales fall 6% to $84.6 million, Solana maintains ranking for second consecutive week – 2″/>
The latest data shows that the following nft collections topped sales last week:
- Wrapped Ether Rock #91 sold for 120,000 USDC.
- Wrapped Ether Rock #59 sold for 119,000 USDC.
- CryptoPunks #705 sold for 30.5 eth.
- Sorare #23580937173…. sold for 21,888 eth.
- ART BLOCK #9 sold for 0.7839 btc.
