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Non-fungible token ($NFT) sales took yet another dip this week, marking the fourth consecutive week of decline, albeit a slight one, with a decrease of 6.75%. From September 2, 2023, to September 9, the total sales for this week amounted to approximately $80.69 million, with a notable chunk of $42.61 million originating from the Ethereum blockchain.
$NFT Sales Drop 6.75% in Weekly Decline
$NFT sales took a 6.75% dip this week, as reported by data from cryptoslam.io. Over the past seven days, $NFT transactions also slid by 4.33%. Despite this decline in sales, the number of $NFT buyers surged to 569,407, marking a 17.77% increase compared to the previous week.
Presently, Ethereum leads the pack among 22 different blockchain networks, accounting for $42.61 million in $NFT sales, which represents 52.80% of the market share. Following Ethereum, we find Mythos, Polygon, Solana, and Immutable X, completing the top five blockchains in terms of $NFT sales.
Although ETH-based $NFT sales were at the forefront, they still experienced a 12.11% decrease, while Mythos sales soared by 25.27% compared to the previous week. Polygon witnessed a 7.21% increase in sales, while Solana $NFT sales dipped by 5.58% during the same period. Immutable X, on the other hand, faced the steepest decline, with sales dropping by 17.52% from the previous week’s figures.
Among the 22 blockchains, Cronos emerged as the standout performer with a notable 24.22% increase in sales for the week. Mythos’ Dmarket emerged as the undisputed network leader in the $NFT realm over the past seven days, clocking in $8.15 million in sales.
Following closely behind, the Bored Ape Yacht Club (BAYC) secured the second spot among the week’s top collections, boasting $5 million in sales. Dmarket and BAYC were shadowed by the likes of Draftkings, Gods Unchained, and the Mutant Ape Yacht Club (MAYC), forming the lineup of the top five $NFT collections.
The crown for the most valuable digital collectible sold this week went to Fidenza #562, which commanded a $122,000 price tag. A close contender in the race for the priciest $NFT was Cryptopunk #3028, changing hands for a substantial $111K, securing the second spot. Right on its heels, Cryptopunk #3438 earned its place as the third top-selling non-fungible token asset, fetching $105,000.
The fourth position was clinched by Cryptopunk #4233, trading at $102,000, while Cryptopunk #7542 rounded off the top five, sealing the deal at $97,000. It’s worth noting that the Cryptopunk collection’s $NFT sales commanded a dominant presence in this week’s top ten sales charts.