The recent surge in the crypto market has positively impacted NFT sales volumes, which have risen by 16.3% to $96.1 million.
NFT Market Growth
The overall NFT sales volume increased by 16.3%, reaching $96.1 million. This is due to a strong positive momentum in the crypto market.
Blockchain Distribution
The Ethereum blockchain remains in the lead with $31.19 million in sales, a 14% increase over the previous week. Bitcoin has overtaken Solana for second place with $26.3 million, exhibiting a remarkable 93% growth. Solana moved to third place at $12.9 million, declining by 19.3% over the week. Mythos Chain ranks fourth with $10.8 million in sales, showing a slight 1.3% drop.
Market Leadership
DMarket lost its top spot, falling to $5.58 million, a decrease of 2.7%. Meanwhile, $?? BRC-20 NFTs saw a staggering 462% surge in sales, reaching $10.45 million. Top sales of the week include SuperRare #7533 at $198,680 and CryptoPunks #7596 at $154,044.
The increase in NFT sales volume highlights a growing interest in digital assets, despite fluctuations in the number of buyers and sellers in the market.
