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During the week sales volume of NFTs was $325.09 million

During the week sales volume of NFTs was $325.09 million

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by Max Nevskyi

2 years ago


The analytics service CryptoSlam recorded that in the past seven days (December 4-10, 2023), the NFT market's trading volumes reached $325.09 million, exceeding the current year's October figures of $308.23 million. During this period, there were 223.05 thousand unique buyers, less than the previous week's 335.41 thousand, but the number of transactions reached 2.07 million, the first time since August of this year.

Interestingly, the average NFT purchase cost last week was $156.36, significantly higher than the previously recorded $41.45. From December 1 to 11, 2023, the total NFT purchases amounted to $446.26 million. If this trend continues, the market's trading volumes could exceed $1 billion by the end of December, comparable to this year's February figures of $1.21 billion.

Among specific NFT collections, the leaders were SATS BRC-20 based on the Bitcoin blockchain with sales figures of $18.22 million and Sentry Node License on Arbitrum ($14.11 million), followed by Tensorians on Solana ($12.73 million). Meanwhile, Bored Ape Yacht Club (BAYC) only ranked 12th with trade volumes of $4.33 million, 54.8% less than last week's figures. CryptoPunks and Azuki also saw a decline, ranking 19th and 27th, respectively.

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