• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
NFT sales dropped last week, and Solana rose to second place

NFT sales dropped last week, and Solana rose to second place

user avatar

by Max Nevskyi

2 years ago


As NFT sales have begun to rise again, and since the beginning of November, Bitcoin has once again taken the lead, last week, according to data from cryptoslam.io, sales decreased by 12.26%. At the same time, the number of NFT buyers NFT increased by 72.05%, and sellers by 56.61%.

The most expensive NFT "Deep Vision #05128" on Cardano was sold for $551,750. In the second place is Frxethredemption T on Ethereum, which was sold for $369,208, and the third place is held by Lockdealnft #91 on BNB, changing hands for $329,824.

The six most expensive NFTs sold last week

The six most expensive NFTs sold last week

Bitcoin Frog #8518 was valued at $137,957, and Nodeldnft #126 on the Avalanche platform and #3524 on the Solana platform were valued at $51,312 and $39,492, respectively, taking places in the top six most expensive NFT sales.

Of the top ten NFT collections, nine were on the Bitcoin blockchain, and only the "Open Solmap" collection on Solana took fifth place with sales turnover of $10.24 million.

Previously, the leaders in sales were NFT collections of "blue chips" based on Ethereum, such as Cryptopunks and Bored Ape Yacht Club (BAYC). However, last week, BAYC dropped to 27th place, and Cryptopunks to 45th, as Bitcoin once again topped the rankings with sales turnover of $265.61 million, accounting for 57.25% of all NFT transactions for the week.

The four largest blockchain networks by NFT sales volume according to cryptoslam.io

The four largest blockchain networks by NFT sales volume according to cryptoslam.io

NFT sales on the Solana network reached $88.42 million, while Ethereum showed comparable results at $75.91 million. Recently, the majority of NFT sales were on Ethereum, but last week, Solana's share increased to 19.06%, while Ethereum's share was 16.36%.

In addition, the number of NFT transactions on the BNB network increased by 118.84%, on Arbitrum by 39.48%, and on the Avalanche network by 28.74% compared to the previous week. Despite a slight decrease in NFT sales volumes last week, the growth in the number of NFTs related to Bitcoins highlights the dynamic and ever-changing nature of the digital world of collecting.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Crypto Investment Funds Face Continued Outflows Amid Market Slowdown

chest

Crypto investment funds have faced a fifth consecutive week of net outflows, totaling approximately $4 billion over five weeks, with a significant decline in trading activity.

user avatarAyman Ben Youssef

Blockchain Association Unveils New Tax Principles for Digital Assets

chest

The Blockchain Association has introduced a framework to guide lawmakers on digital asset taxation as discussions around the CLARITY Act continue.

user avatarSon Min-ho

Market Leverage Ratio Declines, Indicating Reduced Speculative Positioning

chest

The Estimated Leverage Ratio in the crypto derivatives market has sharply declined, suggesting a reduction in speculative positioning and a calmer market environment.

user avatarTando Nkube

Castle Labs Warns of Overbuilt Crypto Market

chest

Castle Labs warns that the cryptocurrency market is overbuilt, with most tokens likely to lose value unless they demonstrate real business traction.

user avatarKofi Adjeman

Bitcoin Mining Difficulty Rebounds, Indicating Network Resilience

chest

Bitcoin mining difficulty has rebounded after a brief dip, indicating renewed miner participation and confidence in Bitcoin's long-term viability.

user avatarNguyen Van Long

Jameson Lopp Raises Alarm Over BIP110's Risks

chest

Jameson Lopp escalates his criticism of the BIP110 proposal, warning it could lead to a disruptive Bitcoin chain split.

user avatarSatoshi Nakamura

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.