• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

NFT Market Records 8.29% Sales Decline in Past Week

user avatar

by Giorgi Kostiuk

a year ago

The global NFT market is showing a decrease in sales, losing 8.29% in volume in the past week. However, Ethereum and Bitcoin platforms see increased activity.

NFT Market Sales Decline

According to data from CryptoSlam.io, the global NFT market's trading volume fell to $78 million over the past seven days, a decrease of 8.29% from the previous week. The number of investors buying NFTs has decreased to 334K. NFT transactions also fell by 19%.

Growth in NFT Sales on Ethereum and Bitcoin

Ethereum maintained its lead among blockchain networks with $28 million in sales, up 9.93%. Bitcoin took second place in the ecosystem, reaching a trading volume of $15 million, an increase of 15%.

These data suggest that interest in leading blockchain platforms in the NFT space remains high despite the overall market downturn.CryptoSlam Experts

Top 5 Best-Selling NFT Collections

Among the best-selling collections this week, DMarket leads with $4.9 million in sales, despite a 66% drop. It is followed by Bitcoin Puppets ($3.1M), Guild Of Guardians ($2.9M), Bored Ape Yacht Club with a 127% growth ($2.7M), and CryptoPunks ($2.4M).

Despite the overall decline, interest in individual blockchains and collections remains high, indicating potential growth opportunities.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Over 10,000 Bitcoin Vulnerable to Quantum Attacks

chest

A report reveals that more than 10,000 Bitcoin are at risk from potential quantum computing attacks.

user avatarSatoshi Nakamura

Bitcoin Developers Consider Quantum-Resistant Solutions

chest

Bitcoin developers are debating solutions to protect against quantum computing threats, including a potential hard fork for post-quantum cryptography.

user avatarJesper Sørensen

PsiQuantum Constructs World's First Commercial Quantum Computer

chest

PsiQuantum is building a groundbreaking quantum computer in Chicago, capable of running 1 million qubits.

user avatarRajesh Kumar

Binance's TradFi Perpetual Futures Market Sees Explosive Growth

chest

Binance's TradFi perpetual futures market has seen explosive growth, surpassing 130 billion in cumulative trading volume and reflecting strong demand for continuous exposure to traditional assets.

user avatarFilippo Romano

Cryptocurrency Exchanges Evolve into Platforms for Traditional Financial Derivatives

chest

Cryptocurrency exchanges are evolving into platforms for trading traditional financial derivatives, with a notable rise in perpetual futures tied to traditional assets.

user avatarLucas Weissmann

Total Cryptocurrency Market Cap Stabilizes After Correction

chest

The total cryptocurrency market capitalization is stabilizing near 2.37 trillion after a sharp correction, indicating a potential for rebuilding momentum.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.