The non-fungible token (NFT) market is showing signs of recovery, with weekly sales volume exceeding $140 million. This growth is driven by increased interest in NFTs beyond art and new innovations in the NFT space.
Introduction
In recent weeks, the NFT market has begun to recover, with sales volume exceeding $140 million. This increase is possible due to a growing interest in NFTs that goes beyond art and new technologies such as artificial intelligence integration and real asset tokenization.
Top NFT Collections This Week
This week, the following were the top-selling NFT collections:
1. **Courtyard NFT Collection** - Sales Volume: $4.85 million, up 21%. - Collection from Courtyard.io, running on the Polygon network.
2. **CryptoPunks NFT Collection** - Sales Volume: $2.85 million. - A well-known collection previously created by Larva Labs.
3. **Milady Maker NFT Collection** - Sales Volume: $2.13 million, up 98%. - Collection from Remilia Corporation on the Ethereum network.
4. **Pudgy Penguins NFT Collection** - Sales Volume: $1.97 million. - Collection from Igloo featuring 8,888 penguins.
5. **Bored Ape Yacht Club NFT Collection** - Sales Volume: $1.64 million, down 10%. - A popular collection from Yuga Labs.
6. **Mutant Ape Yacht Club NFT Collection** - Sales Volume: $1.06 million, up 5.37%. - Also from Yuga Labs.
7. **Doodles NFT Collection** - Sales Volume: $947,037, up 9.47%. - Collection from artist Burnt Toast.
8. **Azuki NFT Collection** - Sales Volume: $885,066, down 10%. - Collection from Chiru Labs.
9. **Froganas NFT Collection** - Sales Volume: $837,007, down 5.77%. - Collection from artist Tee.
10. **Lil Pudgy NFT Collection** - Sales Volume: $783,041, up 20.99%. - Collection from Igloo Inc.
Conclusion
The recovery pace of the NFT market reflects its resilience and adaptation to new conditions. With the growing interest in collections that go beyond traditional art, further innovations and growth in this field can be anticipated.
The NFT market demonstrates growth and diversity, opening new horizons for collectors and investors.