• 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

SpaceX Warns Investors About Viability of Orbital AI Data Centers

chest

SpaceX warns investors that its plans for orbital AI data centers may not achieve commercial viability due to significant technical complexities.

user avatarLucas Weissmann

SUI Network Set to Revolutionize Finance with Upcoming Upgrades

chest

The SUI network is set to launch significant upgrades that could transform global finance.

user avatarEmily Carter

RedotPay Launches SUI and USDC Integration for Real-World Transactions

chest

RedotPay has launched an integration of SUI and USDC, allowing users to utilize digital assets for real-world transactions.

user avatarFilippo Romano

Ethereum Staking Activity Surges to New Heights

chest

Ethereum staking has reached unprecedented levels as both retail and institutional investors increase their participation.

user avatarTomas Novak

Analyst Predicts Potential XRP Rally Amid Market Trends

chest

Crypto analyst Egrag Crypto predicts that XRP could rally to between $9 and $13, indicating a macro uptrend despite recent market fluctuations.

user avatarMaya Lundqvist

XRP Adoption Grows with New Partnerships in Japan

chest

XRP adoption in Japan is enhanced through new partnerships between SBI and Tobu Top Tours, allowing users to buy and spend XRP with loyalty points at 5 million merchants.

user avatarKaterina Papadopoulou

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.