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

NFT Market Shows 4.2% Drop in the Past Week

user avatar

by Giorgi Kostiuk

a year ago


  1. Ethereum and Solana Lead the Pack
  2. Top NFT Collections
  3. Top NFT Collectible Sales

  4. In the past seven days, the NFT market saw a 4.2% drop in sales volume, totaling $73.75 million, according to Cryptoslam data. Despite this decline, the number of buyers increased by 132%, although the number of transactions fell by 26%.

    Ethereum and Solana Lead the Pack

    According to the data, Ethereum ($ETH) maintained the top position with $23.9 million in NFT sales, though the network saw a 9.6% drop in sales compared to the previous week. Interestingly, 12.24% of the sales on this platform were attributed to wash trading. Solana ($SOL) took the second position with $16 million in sales, followed by Bitcoin ($BTC), Polygon ($POL), and Binance Coin ($BNB) with $13 million, $7.5 million, and $3.3 million in sales respectively.

    Top NFT Collections

    Guild of Guardians on Immutable-Zk claimed the top spot in terms of sales volume with $2.86 million and 5786 transactions. DogeZuki on Solana took the second spot with $2.4 million in sales with 61,447 transactions. Sorare on Ethereum ranked third with $2.368 million and 108,690 transactions. CryptoPunks and DMarket are fourth and fifth respectively.

    Top NFT Collectible Sales

    Despite the volatile crypto market conditions, some notable NFT collectible sales were recorded. CryptoPunks #1219 sold for $308,316.94 (130 ETH). Autoglyphs #337 for $223,153.25 (87.6692 WETH), and Autoglyphs #337 for $171,000.00 (171000 USDC). Known Origin #22001 sold for $140,695.52 (55 WETH), and Autoglyphs #281 for $129,684.88 (51 WETH).

    In conclusion, while there is an overall decline in sales volume, a significant increase in NFT buyers indicates a growing interest in the market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Kevin O'Leary Shifts Investment Focus to Electricity Infrastructure

chest

Kevin O'Leary shifts his investment strategy to prioritize electricity infrastructure over Bitcoin, emphasizing energy efficiency and sustainable sources for cryptocurrency mining.

user avatarKaterina Papadopoulou

ETHZilla Acquires Aircraft Engines for $122 Million Amid Crypto Downturn

chest

ETHZilla has announced the acquisition of two CFM567B24 aircraft engines for $122 million through its subsidiary, ETHZilla Aerospace LLC, as part of a strategy to diversify assets during the ongoing downturn in the cryptocurrency market.

user avatarMaya Lundqvist

Historical Patterns Reinforce Trust in Polymarket Predictions

chest

Historical events on Polymarket have established a legacy that influences current market trust in its predictions.

user avatarLeo van der Veen

Greenland Protests Against Sale Amid Rising Global Tensions

chest

Protests in Greenland highlight local resistance to the idea of selling the territory amid escalating geopolitical tensions.

user avatarLi Weicheng

Bitcoin Missing From Government Storage

chest

The Gwangju District Prosecutors Office reported that confiscated Bitcoin is no longer accessible, leading to significant financial losses.

user avatarAisha Farooq

Supreme Court Reviews Trump's Attempt to Dismiss Fed Board Member

chest

The Supreme Court is reviewing President Trump's attempt to dismiss Federal Reserve Board member Lisa Cook, raising questions about presidential authority and the board's independence.

user avatarTenzin Dorje

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.