Following the recent rally in the crypto market, non-fungible token (NFT) sales volume increased by 16.3% to $96.1 million.
The overall crypto market has been showing strong positive momentum lately.
Following Donald Trump’s victory in the US presidential election, Bitcoin (BTC) reached an all-time high of $77,252.75.
According to the latest CoinMarketCap data, the global crypto market cap increased by 3.29% to $2.6 trillion at press time.
Last week NFT sales volume was $84.6 million. However, NFT sales are up 16.1%, according to the latest data from CryptoSlam.
NFT sales volume increased to $96.1 million Ethereum (ETH) blockchain still maintains first place with sales of $31.19 million Bitcoin surpasses Solana (SOL) with $26.3 million Number of NFT buyers decreased by 90.20% NFT sellers Decreased by 88.80% Ethereum NFT sales increased by 14% last week
Ethereum NFT blockchain sales volume totaled $31.2 million this week. This represents an increase of 14% in the last seven days.
Interestingly, the number of NFT buyers on the Ethereum blockchain has dropped significantly to 21,575.
Source: NFT Blockchains by Sales Volume (CryptoSlam)
Looking at second place, Bitcoin has displaced Solana with an impressive 93 percent increase in the last seven days.
According to the data, the NFT volume of the Bitcoin blockchain amounted to $ 26.3 million. The Bitcoin network has exhibited the strongest growth among all chains.
Solana ranked third with $12.9 million, a 19.3% drop in the last seven days.
Mythos Chain (MYTH) ranked fourth with $10.8 million, down 1.3% in the last seven days.
Polygon (POL) ranked fifth with a 12.3% increase in NFT sales volume. Ethereum accounted for the majority of fake trading at $3.05 million.
DMarket loses first place to $?? BRC-20 NFTs
DMarket’s sales volume decreased by 2.7% during this period, reaching $5.58 million.
DMarket has now lost its initial ranking, which it had maintained for several weeks, to $?? BRC-20 NFTs.
$?? BRC-20 NFTs saw a 462% increase in NFT sales, reaching $10.45 million at press time.
Highest NFT sales: Data from CryptoSlam
The data also shows that the following NFT collectibles topped sales last week:
SuperRare #7533 sold for $198,680 CryptoPunks #7596 sold for $154,044 Protoshrooms sold for $142,742 CryptoPunks #5668 sold for $122,506 CryptoPunks #8881 sold for $119,622