NFT Sales Surge Over 43% in Past Week, Topping $397 Million

Sales of non-fungible token ($NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of $NFT sales reached $397.86 million this week, with 345,716 $NFT buyers and roughly 1.62 million transactions.

$NFT Sales Continue to Rise in 2023, Ethereum Dominates $NFT Sales with 90% Market Share

In the past week, sales of non-fungible tokens (NFTs) have surged, rising more than 43% higher than the previous week, according to statistics from cryptoslam.io. $NFT sales totaled $397.86 million this week, with the number of buyers increasing by more than 77% to 345,716. Sales of NFTs on the Ethereum blockchain dominated, accounting for $360.32 million, or just over 90% of total sales.

Sales of non-fungible tokens (NFTs) on the Ethereum blockchain led the way, with $360.32 million in sales, a 54.77% increase from the previous week. Solana-based $NFT sales followed with $18,790,359, down 7.47% from last week. In terms of seven-day sales, Ethereum and Solana were followed by Polygon, Immutable X, and Binance Smart Chain, respectively.

The top-selling collection of non-fungible tokens (NFTs) this week was Otherdeed, with total sales of $47,043,296. Otherdeed’s sales increased 160.21% compared to the previous week. Following Otherdeed were Azuki, Moonbirds, Mutant Ape Yacht Club (MAYC), and Bored Ape Yacht Club (BAYC). While Azuki’s sales increased by 174.98% this week, Moonbirds’ $NFT sales rose 502.43% from last week.

According to weekly metrics from both dappradar.com and Dune Analytics, the $NFT marketplace Blur has outpaced the leading market, Opensea, this week. Dune’s statistics show that Blur captured more than 66% of the market share, while Opensea accounted for 23.9%. Dappradar.com shows that the top five marketplaces this week across various chains were Blur, Opensea, X2Y2, Immutable X Marketplace, and Lookrare, respectively.