NFT Sales Volumes Skyrocket, Reaching New Heights

4 hours ago

Weekly NFT sales volumes have hit their peak since August, with an increase in buyers and transactions.

Market Data Analysis

Data from CryptoSlam! shows that weekly NFT sales from Sept. 30 to Oct. 6 exceeded $84.9 million. This is the highest since late August, when sales volumes reached $93 million.

Blockchain Trading Movements

Three out of the top five blockchains for NFTs registered lower trading volumes: Bitcoin, Ether, and Solana. However, Mythos Chain led with significant gains, ranking second after Ethereum with over a 6,000% increase in sales. Polygon also showed a 210% rise.

Trends and Conclusion

The NFT collection Dmarket led weekly sales with over $14 million across 537,714 transactions. The number of NFT buyers also increased nearly 22%, exceeding 839,000. Despite the positive sales figures, the broader NFT market still struggles to regain previous years' heights.

While the weekly performance is impressive, the NFT market remains in recovery mode, aiming to return to its previous highs.

Other news

Аналитики предупреждают о проблемах стекинга токена EIGEN

Аналитики подчеркивают дисбаланс в ставок EIGEN, что вызывает снижение привлекательности стекинга.

7 minutes ago

Analysts Highlight EIGEN Staking Issues

Analysts emphasize the staking imbalance of EIGEN, affecting staking attractiveness.

7 minutes ago

Взлом электронной почты привел к утечке токенов EigenLayer на $5,5 млн

EigenLayer подтверждает кражу токенов на $5,5 млн из-за хакерской атаки на электронную почту, частично замораживая средства.

8 minutes ago

Email Breach Leads to $5.5M Token Heist from EigenLayer

EigenLayer confirms $5.5M token theft due to email hack, partially freezing funds as a security measure.

8 minutes ago

SHIB на подъеме: может ли цена преодолеть сопротивление?

Meme coins снова в моде, и SHIB не исключение. Посмотрим, сможет ли SHIB преодолеть сопротивление в $0.000020.

9 minutes ago

SHIB on the Rise: Can It Overcome Resistance?

Meme coins are back in fashion, and SHIB is no exception. Will SHIB overcome the $0.000020 resistance?