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NFT sales volume decreased by only 1.31 in a week%
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NFT sales volume decreased by only 1.31 in a week%

Jan 7, 2024

During the current week, more than 873,268 buyers and 619,949 sellers conducted transactions in the NFT space, totaling $308.23 million. Despite a more than 20% increase in the number of participants, the sales volume for the week decreased by 1.31%.

The most expensive NFT issued on the Ethereum network, titled "RBX Vesting Voucher #42," was sold for $741,910, equivalent to over 328 ETH. The second most expensive token, according to cryptoslam.io, was ORDI BRC-20, changing hands for 9.72 BTC or $428,277.

The five most expensive NFTs sold last week

The five most expensive NFTs sold last week

Bitcoin took the first place among 21 blockchains in terms of sales volume, reaching $138.58 million, which is 4.10% higher than the previous week. Ethereum came in second with NFT sales amounting to $69.51 million, a decrease of 0.88% compared to the previous week.

The top three blockchains by seven-day sales according to cryptoslam.io statistics

The top three blockchains by seven-day sales according to cryptoslam.io statistics

The Solana network secured the third position with sales totaling $49 million, marking a 32.60% decrease compared to the previous week. NFT sales on the Polygon network surged by 147.24%, placing it fourth in terms of sales volume, which reached $21.36 million.

Avalanche took the fifth spot with sales volume of $8.6 million, showing significant growth of 102.04% over the week. The most profitable digital collection of the week was the "Uncategorized Ordinals" with a total of $52.15 million.

In the following positions were NFT Gas-hero-coupon on the Polygon network, bringing in $8.35 million, while Froganas on Solana collected $8.25 million. NFT BRC-20 gathered $6.03 million, and the Dokyo series on Avalanche contributed $5.84 million to the NFT market this week.

Despite a slight decrease in the past seven days, the market maintains stable performance, with a 48% increase in revenue compared to the previous month and a total NFT sales volume reaching $1.71 billion.

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