• 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

Stanley Druckenmiller Predicts Stablecoins Will Transform US Payments

chest

Billionaire investor Stanley Druckenmiller believes stablecoins will become central to the US payments system in the next decade.

user avatarLi Weicheng

Michael Saylor Confident in Bitcoin's Long-Term Growth

chest

Michael Saylor remains confident in Bitcoin's future despite current market challenges.

user avatarAisha Farooq

SocksEscort Involved in Global Cybercrime Operations

chest

SocksEscort was involved in various cybercrimes, including bank fraud and cryptocurrency account takeovers, affecting victims globally.

user avatarMohamed Farouk

Ethereum and Solana Lead Developer Activity Amid Broader Decline

chest

Ethereum and Solana are currently leading in developer activity within the crypto space, despite a general decline in the overall ecosystem.

user avatarTenzin Dorje

Prices Continue to Struggle Amid Bear Market

chest

Ethereum and Solana are facing price struggles as the crypto market remains entrenched in a bear phase, with predictions of further declines.

user avatarBayarjavkhlan Ganbaatar

International Authorities Dismantle SocksEscort Proxy Service

chest

International law enforcement agencies have successfully dismantled SocksEscort, a proxy service used by cybercriminals to hide their activities.

user avatarElias Mukuru

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.