news.bitcoin.com
Non-fungible token ($NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two $NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to dominate the $NFT industry, accounting for more than 81% of total sales last week with $188.51 million in $NFT sales.
7-Day $NFT Sales Increase; Otherdeed, Doodles See 44% to 58% Growth
$NFT sales remain steady this week and during February 2023, with $39.72 million in recorded sales so far this month. Over the past seven days, there were $232.49 million in $NFT sales, a 1.23% increase compared to the previous week.
During that time, 481,917 buyers participated in $NFT sales, 19.30% more than the previous week. Additionally, 1,390,784 $NFT transactions were processed, a 3.21% increase over the prior week. Of the $232.49 million in sales, Ethereum had the most out of the 20 blockchain networks listed on cryptoslam.io.
Ethereum accounted for 81% of total $NFT sales, or approximately $188.51 million in settlements. The second largest blockchain for $NFT sales was Solana, which processed $27.40 million in the past week, a decrease of 2.65% from the previous week. Immutable X ranked third in $NFT sales, with sales rising 37.85% to $4.5 million.
The remaining top $NFT sales blockchains, in order, are Cardano, Polygon, Flow, BNB Chain, and Arbitrum. Fantom saw the largest increase in $NFT sales this week, with a 73.81% rise, although only $17,064 in $NFT sales were settled in the past seven days.
This past week, the top $NFT collection was Otherdeed, with sales rising 44.37% to $17.33 million. Doodles saw a 58.49% increase, reaching $13.88 million in total sales. Otherdeed and Doodles were followed by Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC), and Checks VV Edition.
The highest $NFT floor value on February 5, 2023, was for Cryptopunks, at 63.99 ether at 8:00 a.m. Eastern Time. The second highest floor value belonged to the BAYC collection, with a slightly lower value of around 63.5 ether.
The most expensive $NFT sales from the past week include: Bored Ape Yacht Club #8,483, which sold for $581,000 seven days ago but then sold again for $490,000 two days later; Cryptopunk #2,311, sold for $511,000 three days ago; Cryptopunk #9092, sold for $496,000 four days ago; BAYC #8,483, making the fourth largest sale after being sold twice; and Cryptopunk #9,611, sold for $482,000 four days ago.
The fifth most expensive sale was Cryptopunk #9,611, followed by Hausphases #379, which sold for $461,000 on Sunday, Feb. 5, 2023.