September 11, 2023

NFT Sales Dropped around 7% Over Past Week

NFTs

NFTs

The NFT sales over the past week witnessed a decline, as they went down by 6.92% at the time of writing. 

Over the past seven days, the NFT sales amounted to more than $79.791 million, over $41.877 million of which were from the Ethereum blockchain, around 11.35% down from the previous week. Out of the top 20 blockchains, Ethereum had the lion’s share of the NFT sales seven days ago, accounting for around 53% of the total sales. 

Meanwhile, Mythos Chain is still in second place in terms of NFT sales for weeks, accounting for over 9% of the total sales ($7.891 million), a 7% incline from the previous week. 

Most of the blockchains over the past week saw a decrease in sales except Polygon, Solana and Mythos Chain. Blockchains of Polygon, Solana, Immutable X, BNB Chain, Bitcoin, and Flow followed Mythos Chain regarding the total sales over the past week, respectively. 

Most of the NFT collections witnessed a decrease in their sales, topped by Gods Unchained Cards, Sorare, and CryptoPunks, which declined by 24%, 19.43%, and 18.22%, respectively. While NFT collections of DraftKings and Art Block witnessed growth over the past week, 54.68% and 18.31%, respectively.

Regarding the NFT price floor, Bored Ape Yacht Club is still in second place in terms of the highest floor value at $44,702, following CryptoPunks, whose floor was just $75,160, according to data from nftpricefloor.com.

Last week, The most expensive NFT was CryptoPunks #3983, which sold for more than $252.8 million. The following top expensive NFTs sold over the past seven days were sold from $105.7 million and downwards. 

As for the NFT marketplaces, Blur leads the NFT marketplaces, followed by OpenSea. Blur’s sales over the past week reached $36.2 million, while the sales on OpenSea were $14.81 million (-17.91%). 

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