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

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

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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.

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