June 5, 2023

NFT Sales Went up over 50% During Past Week



The NFT sales over the past week witnessed a remarkable increase, as they went up by around 51%, recording 50.18% according to Cryptoslam, an NFT data aggregator. 

Over the past seven days, the NFT sales amounted to more than $216.056 million, over $136.539 million of which were from the Ethereum blockchain, an 85.21% increase 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 more than 63% of the total sales. 

While Bitcoin maintained its rank in second place in terms of NFT sales, accounting for nearly 16% of the total sales ($33.105 million), a 29.14% up from the previous week. 

The top ten blockchains over the past week saw a hike in sales, except Solana and Cardano. Blockchains of Bitcoin, Polygon, Solana, Mythos Chain, Immutable, BNB Chain, and Cardano followed Ethereum regarding the total sales over the past week, respectively. 

Most of the NFT collections witnessed a growth in their sales. Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), DMarket, and Uncateogratized Ordinals witnessed a relative increase in their sales. 

Regarding the NFT price floor, Bored Ape Yacht Club is still in second place in terms of the highest floor value at $87,656 ETH, following CryptoPunks, whose floor was just $97,937 ETH, according to data from nftpricefloor.com.

The top seven most expensive NFTs sold last week were from the Uncateogratized Ordinals collection, which were sold from $2.7 million to more than $317,000. The following top expensive NFT sold over the past seven days was Azuki #9236. 

As for the NFT marketplaces, Blur leads the NFT marketplaces followed by OpenSea. Blur’s sales over the past week reached $106.95 million, while the sales on OpenSea were $47.81 million. 

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