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$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge

source-logo  news.bitcoin.com  + 2 more 16 January 2022 20:05, UTC
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During the last seven days, there’s been $2.53 billion non-fungible token ($NFT) sales, up 161% over the past week. Ethereum’s blockchain recorded the most $NFT sales with $2.45 billion of the aggregate while the Solana network saw around $31.9 million in $NFT sales this week. Across 258,536 $NFT buyers this week, the $NFT collection Meebits captured $1.23 billion in $NFT sales.

With $2.5 Billion in $NFT Sales Across 10 Chains, Ethereum $NFT Sales Dominate by More Than 96%

A great number of non-fungible token sales continue, as the recorded sales across the top 10 blockchains with $NFT compatibility amounted to $2.53 billion in $NFT sales.

Over the last seven days up until January 16, 2022, there’s been $2.53 billion non-fungible token ($NFT) sales, up 161% over the past week.

The metric is up 161% during the course of the week, but Ethereum’s $NFT sales represent the lion’s share. NFTs stemming from Ethereum captured $2.45 billion and sales on the Ethereum blockchain are up 184% according to cryptoslam.io’s data on Sunday.

$NFT sales on Ethereum jumped 184% this past week.

Out of this week’s top ten blockchain networks, Theta saw an increase in seven-day sales by 490.39%. Sales on the Wax blockchain increased by 17.10% and Flow blockchain sales jumped by 1.04% this past week.

The biggest sale this week, in terms of the most expensive $NFT sold in seven days, was Meebit #13824 when it sold for 15,000 ETH or $50.61 million four days ago. Meebit #9711 sold for a touch less than #13824 at 14,730 ether or $49.25 million at the time of settlement.

Top ten $NFT collections in terms of this week’s sales.

Meebits has seen a 31,948.20% seven-day increase in sales and the collection is the top $NFT compilation in terms of this week’s sales. The Meebits collection saw 574 buyers amid 2,199 transactions spend $1.23 billion in sales.

The week’s second most sold collection is the $NFT project Loot as it has seen $281 million in weekly sales according to cryptoslam.io metrics. Loot is followed by Cryptophunks V2 as that $NFT project saw $142 million in sales.

While Opensea Nears $15 Billion, Axie Infinity Nears $4 Billion in All-Time $NFT Sales Volume

As Bitcoin.com News reported earlier this week, there’s been an influx of traders leveraging the new $NFT marketplace Looksrare. The Looksrare $NFT market has outpaced Opensea’s seven-day sales statistics with $444.55 million.

Opensea has seen $120.55 million in sales this week, down 32.58% from the week prior. Solana’s Magic Eden was the third-largest marketplace this week with $7.68 million in sales, according to dappradar.com stats.

Opensea and Axie Infinity all-time sales volume.

Meanwhile, two $NFT projects are about to reach new milestones in terms of all-time $NFT sales volume. The $NFT marketplace Opensea, which supports Ethereum and Polygon blockchains, is nearing $15 billion in total sales with $14.68 billion today.

Axie Infinity is getting close to topping $4 billion in total sales, as the $NFT project has accrued $3.94 billion so far. Furthermore, Flow’s NBA Top Shot is getting close to $1 billion in volume with $776.49 million total and Solana’s Magic Eden is also nearing the $1 billion mark with $615.05 million in all-time sales.

news.bitcoin.com

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