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

3 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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Meta Platforms' Shares Surge Following AI Assistant Launch

chest

Meta Platforms' shares rose over 6% after the launch of its AI assistant, Muse, which helps users manage tasks and goals.

user avatarTomas Novak

Galaxy Announces $5 Million Funding for Bitcoin Quantum Security Research

chest

Galaxy announced up to $5 million in funding for Bitcoin quantum-security work, including developer grants, research, and an advisory council.

user avatarMaya Lundqvist

IonQ Launches Superion 256 Quantum Computer with Orders Open for 2027 Delivery

chest

IonQ has launched its Superion 256 quantum computer, opening orders for delivery in 2027.

user avatarKaterina Papadopoulou

Prediction Markets Show Shifts in Oil Price Expectations

chest

Prediction markets are reacting to oil price fluctuations, with traders speculating on whether crude will reach $120 or fall to $55 first.

user avatarAisha Farooq

Record Diesel Prices Hit Ahead of Midterm Elections

chest

Record diesel prices reached a high of 594 a gallon, raising concerns about consumer affordability ahead of the midterm elections.

user avatarLi Weicheng

Brent Crude Surpasses $100 Amid Geopolitical Tensions

chest

Brent crude oil prices rose above $100 for the first time in six weeks due to geopolitical tensions, including attacks on Saudi oil facilities and US military responses.

user avatarLeo van der Veen

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.