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The volume of NFT sales exceeded $412 million
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The volume of NFT sales exceeded $412 million

Mar 3, 2024

Recent data from Cryptoslam.io indicates a continued growth in the NFT market, with sales volume surpassing $412 million over the past week, marking a 35.14% increase compared to the previous period. This growth marks the third consecutive weekly surge in activity within the NFT sector, highlighting sustained interest in this space.

The largest contribution to the total sales volume came from the Bitcoin blockchain, reaching $154.82 million, marking a 103.29% increase. Ethereum also showed a significant increase in sales volume, reaching $153.94 million, demonstrating a 10.60% rise in NFT transactions. Additional sales growth was recorded on blockchains such as Solana, BNB Chain, and Mythos Chain, contributing to an overall increase in market activity.

Among the standout collections, the Bitcoin Uncategorized Ordinals collection brought the highest profit, with sales volume reaching $39 million, a 213.99% increase compared to the previous week. It was followed by the Nodemonkes collection with sales totaling $32.6 million. Additionally, notable collections like Pandora, Creepz, and Cryptopunks demonstrated significant sales volume, highlighting the diversity and appeal of NFTs in the market.

Significant transactions during the period included the sale of the "Burgie" NFT for $1.44 million, as well as transactions involving Solana and Ethereum-based NFTs amounting to $1.1 million and $597,800, respectively. These high-value transactions underscore the lucrative nature of the market and collectors' readiness for substantial investments in digital assets.

These data not only reflect the sustained growth of the NFT market but also its dynamic development, driven by a wide range of collections and substantial sales volumes across various blockchain platforms.

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