• 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

2 years 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

Rycroft Review Sparks Ban on Cryptocurrency Donations

chest

The UK government has banned cryptocurrency donations to political parties based on the Rycroft Review, which identified risks of untraceable donations infiltrating UK politics.

user avatarMiguel Rodriguez

Jeff Yan Discusses Hyperliquid at Harvard Business School

chest

Jeff Yan, the founder of Hyperliquid, visited Harvard Business School to present a case study on Hyperliquid's architecture and risk controls.

user avatarMaria Fernandez

Long-term XRP Investors Withdraw Significant Amounts

chest

Long-term XRP investors have recently withdrawn 825 million tokens, marking a significant dip in their holdings.

user avatarGustavo Mendoza

Hackers Embed Crypto Wallet-Stealing Malware in Popular AI Tool

chest

Hackers have embedded crypto wallet-stealing malware in a popular AI tool, allowing it to execute silently and target users' wallet credentials.

user avatarRajesh Kumar

UK Government Implements Ban on Cryptocurrency Donations to Political Parties

chest

The UK government has announced a complete and immediate ban on cryptocurrency donations to political parties, citing concerns over election transparency and national security.

user avatarLuis Flores

Meme Coin 'KitKat' Experiences Trading Surge After Theft

chest

Meme coin 'KitKat' experiences a trading surge after the bizarre theft of over 413,000 KitKat bars, with a price increase of approximately 203% in one hour and over 2,300% in six hours.

user avatarArif Mukhtar

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.