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 Hiding Place 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, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Cardano's Leios Scaling Plan Unveiled

Cardano has unveiled a detailed roadmap for its Leios scaling plan, targeting significant increases in transaction capacity with a staged approach for adjustments based on real-world performance.

user avatarKofi Adjeman

Cardano's New Scaling Test Reveals Key Performance Metrics

A recent report by Input Output highlights the performance improvements of the Cardano scaling test, focusing on throughput and completion time.

user avatarSatoshi Nakamura

Crypto Market Declines Following Global Selloff

The crypto market faced a significant decline over the weekend, with Bitcoin falling 11%, Ethereum dropping 26%, and Solana decreasing by 28%, following a global market selloff.

user avatarNguyen Van Long

Cardano Developers Launch Public Test Network for Dijkstra Upgrade

Cardano developers have launched a public test network for the Dijkstra upgrade, enabling developers to test and prepare for new protocol rules.

user avatarJesper Sørensen

Tether Introduces New Framework to Enhance Bitcoin Mining Operations

Tether has announced a new initiative aimed at simplifying Bitcoin mining operations by integrating existing equipment through a common software framework.

user avatarRajesh Kumar

Electrum Wallet Vulnerability Could Lead to Unintended Payments

Electrum disclosed a vulnerability in its wallet that could lead to unintended payments due to a flaw in fee adjustments.

user avatarLucas Weissmann

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.