July 30, 2023

Solana Replaces Bitcoin in NFT Sales over Past Week

Solana NFTs

Solana NFTs

The NFT sales over the past week witnessed a slight increase, as they went up by around 8%, recording 50.18% according to Cryptoslam, an NFT data aggregator. 

Over the past seven days, the NFT sales amounted to more than $107.745 million, over $69.690 million of which were from the Ethereum blockchain, an 17.14% 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 64% of the total sales. 

While Solana replaced Bitcoin after being in second place in terms of NFT sales, accounting for only 6% of the total sales ($6.513 million), 11.57% up from the previous week. 

The top ten blockchains over the past week saw a hike in sales, except Solana, Bitcoin, and Polygon. Blockchains of Solana, BNB Chain, Mythos Chain, Polygon, Immutable X, and Bitcoin followed Ethereum regarding the total sales over the past week, respectively. Bitcoin is now in seventh place after dominating the second for weeks. 

Most of the NFT collections witnessed a growth in their sales, except CryptoPunks and Gods Unchained Cards, whose sales declined by 42.90% and 20.44%. 

Regarding the NFT price floor, Bored Ape Yacht Club is still in second place in terms of the highest floor value at $56,203, following CryptoPunks, whose floor was just $89,974, according to data from nftpricefloor.com.

The top seven most expensive NFTs sold last week was Autoglyphs #346, which was sold at only $373.927 million. The following top expensive NFT sold over the past seven days was CryptoPunks #8713. 

As for the NFT marketplaces, Blur leads the NFT marketplaces followed by OpenSea. Blur’s sales over the past week reached $69.71 million, while the sales on OpenSea were $19.42 million. 

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