• 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

9 months 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.

Other news

Cryptocurrency Bill Vote: A Key Moment in U.S. Congress

chest

U.S. Congress votes on a cryptocurrency bill that could impact the BTC and ETH markets.

user avatarGiorgi Kostiuk

The Evolution of Crypto ETFs: Impact, Trends, and Opportunities

chest

An overview of the impact of crypto ETF launches in the U.S. and their influence on investors and the market.

user avatarGiorgi Kostiuk

Bitcoin Moves Towards $117,000: Key Technical Levels and Forecasts

chest

Bitcoin is poised at $117,000, a key level for potential growth. Technical analysis supports a bullish trajectory.

user avatarGiorgi Kostiuk

SEC Temporarily Halts Grayscale ETF Approval Process

chest

SEC pauses Grayscale ETF approval amid ongoing evaluation of cryptocurrency markets.

user avatarGiorgi Kostiuk

Celebration Event on Gate for the Launch of Legend of YMIR Teaser

chest

On July 3, a celebration kicks off on Gate for the launch of the Legend of YMIR teaser, featuring WEMIX rewards.

user avatarGiorgi Kostiuk

Coinbase Enhances Token Management through acquisition of Liquifi

chest

Coinbase has finalized the acquisition of Liquifi to improve token management and compliance features for ERC-20.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.