NFT sales drop 6% to $84.6m, Solana retains top ranking

Amid the recent price decline in the crypto market, non-fungible token (NFT) sales volume fell 6% to $84.6 million.

Although the crypto market has shown slight signs of a positive trend lately, it now looks like all gains have been erased.

According to CoinMarketCap data, the global crypto market value decreased by 1.39% to $2.31 trillion at the time of writing.

Last week, NFT sales volume was $89.1 million. However, according to the latest data from CryptoSlam, NFT sales volume is down 6%.

NFT sales volume decreased to $84.6 million. The Ethereum (ETH) blockchain still maintains its first place with sales of $28.3 million. Solana (SOL) has maintained its second place for two weeks in a row. The number of NFT buyers increased by 21%. NFT sellers were also up 30% from last week’s 385,184. Ethereum NFT sales fell over 6.6%

Ethereum NFT blockchain NFT sales volume was $31.1 million last week. However, the latest data shows that sales fell below the 30 million dollar level and reached 28.3 million dollars.

Comparatively, it has been lower this week, with a 6.6% decline over the last seven days. Interestingly, the number of NFT buyers on the Ethereum blockchain increased by 17.4% to 56,021.

Source: NFT Blockchains by Sales Volume (CryptoSlam)

Coming to second place, Solana maintained its position for two weeks in a row, despite falling 11.3% in the last seven days.

According to the data, NFT volume of Solana blockchain was at $16.1 million. The number of NFT buyers also increased by a reasonable 27.7 percent to 385,272.

Bitcoin (BTC) exhibited the smallest selling decline, losing 2.78% and remaining at $14.12 million.

Mythos Chain (MYTH) ranked fourth with $10.9 million, a decline of 6.65% in the last seven days.

Fifth place was earned by Immutable (IMX), which posted a modest 6.2% in NFT sales volume. Ethereum accounted for the majority of fraudulent trading at $3.66 million.

DMarket maintains its first place

DMarket’s sales volume decreased by 11.62% in this period, reaching $5,744 million.

Guild of Guardians Heroes 2 took second place with sales of $3.28 million.

Highest NFT sales: Data from CryptoSlam

The latest data shows the following NFT collectibles topped sales last week:

Wrapped Ether Rock #91 sold for 120,000 USDC. Wrapped Ether Rock #59 sold for 119,000 USDC. CryptoPunks #705 sold for 30.5 ETH. #23580937173…. It was sold for 21,888 ETH. ART BLOCK #9 sold for 0.7839 BTC.