The sales volume of non-fungible tokens over the last week fell by 7% and amounts to $89.1 million.
The cryptocurrency market, showing signs of recovery, has taken a 180-degree turn. According to the latest data, the global crypto market capitalization has fallen by more than 2% in the last 24 hours.
Compared to last week's $93 million nft sales volume, this week has seen a modest 7% drop in sales:
- nft sales volume plummeted to $89 million.
- The ethereum (eth) network maintains its first place in terms of volume.
- Solana dethrones bitcoin (btc) to claim second position.
- nft buyers increased more than 42% from 494,666 last week.
- The number of nft sellers also increased to 385,184 from 252,401 last week.
ethereum maintains its ranking
Last week, the ethereum network dethroned bitcoin with its nft sales volume of $33.4 million. ethereum has maintained this ranking this week with its sales of $31.1 million.
Compared to last week, ethereum nft sales volume has decreased by almost 4%. A closer look at the ethereum data shows that 21% of the volume was wash trading.
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Interestingly, bitcoin lost its second position to Solana. bitcoin nft sales have seen a 30% drop compared to last week.
CryptoSlam Data shows that the weekly sales volume of the bitcoin network is $14.8 million. Solana, on the other hand, has shown a 12% increase and its weekly nft sales volume stands at $18.3 million.
According to last week's data, Solana (SOL)'s sales volume was $16.6 million. In terms of the number of buyers, Solana has maintained and even witnessed an increase of 56%.
The number of nft buyers on the Solana network last week was 192,543, while this week it is 301,523.
Mythos Chain (MYTH) and ImmutableX (IMX) took fourth and fifth place with $10 million and $3.8 million in sales.
DMarket holds first place for more than four weeks
DMarket has proven its strength over the past three weeks by maintaining its first ranking for the highest sales when it comes to an nft collection.
DMarket sales totaled $4.918 million, down 6% from last week's $5.2 million. Froganas on Solana has shown a 118% increase, emerging as the second largest nft collection with $4,917 million in sales.
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According to CryptoSlam data, these were the top sales from last week:
- CryptoPunks #8651 sold for $125,917.28 (50 eth)
- CryptoPunks #237 sold for $59,970.94 (24 eth)
- Claynosaurz #10222 sold for $38,422.71 (235 SOL)
- Sorare #3209101205534761733284… sold for $36,488.51 (14.4162 eth)
- Bored Ape Yacht Club #2213 sold for $34,837.25 (13.7688 eth)
