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NFT Sales See Modest Increase of 1.46% to Reach $149M in Past Week

source-logo  news.bitcoin.com 06 May 2023 19:08, UTC

In the past week, sales of non-fungible tokens (NFTs) have increased by 1.46%, raking in a total of $149,312,180. However, while the number of NFT buyers has risen by 22.48%, the number of NFT transactions has decreased by 8.78% compared to the previous week.

Azuki Emerges as Top-Performing NFT Collection This Week With 504.96% Sales Surge

Over the past week, non-fungible token (NFT) sales have experienced a modest uptick, rising by 1.46% compared to the previous week. In total, NFT sales amounted to $149.31 million, with Ethereum-based NFT sales accounting for $108,272,701 of that figure. Ethereum NFT sales made up 72.5% of all digital collectibles sold in the past week. The latest statistics reveal that Ethereum NFT sales have surged by 22.79% this week.

This week, Solana-based NFT sales made up $12,225,000 of the total sales, however, this marks a 56.64% decrease from the previous week. Ethereum and Solana sales still lead the pack, followed by Mythos, Polygon, and Immutable X. Ethereum sales have seen a significant increase, and sales from Ronin have also jumped by 20%, while Arbitrum has experienced a 14% increase. Moreover, Panini blockchain digital collectible sales have taken a hit, dropping by 31.23% this week.

This week’s top-performing NFT collection is Azuki, which raked in $11,189,076 in sales. This marks a staggering 504.96% increase from the previous week. The Bored Ape Yacht Club (BAYC) collection comes in second place, with $10,615,168 in sales, representing a 13.32% increase from last week. The Mythos chain’s Dmarket collection didn’t fare as well as last week, recording $6,762,049 in sales, which is 11.5% lower than the previous week. However, the Milady Maker collection has seen a significant surge in sales, with $4,558,386 in total sales, marking a 367.58% increase.

The most expensive NFT sold this week was Bored Ape Yacht Club (BAYC) #811, which was sold for a jaw-dropping $625,825 just five days ago. Following closely behind is Sandbox Lands #139,686, which sold for $580,383, and BAYC #6774, which fetched $501,845. Otherdeed Expanded #5227 and Superrare #370,449 also made the list, selling for $501,845 and $370,449, respectively. According to nftpricefloor.com, Cryptopunks currently hold the top floor value (51.50 ETH) out of all the NFT collections, followed closely by Bored Ape Yacht Club’s floor value (48.30 ETH).