NFT sales rise 16.1% to $96.1m, Bitcoin network dethrones Solana

Following the recent crypto market surge, the non-fungible token (NFT) sales volume has surged by 16.3% to $96.1 million.

The overall crypto market has been showing strong positive momentum recently.

Following Donald Trump’s victory in the U.S. presidential election, Bitcoin (BTC) reached a new all-time high of $77,252.75.

As per the latest CoinMarketCap data, the global crypto market cap has risen by 3.29% at press time to $2.6 trillion.

The NFT sales volume was $84.6 million last week. But according to recent data from CryptoSlam, the NFT sales have jumped by 16.1%.

• NFT sales volume increased to $96.1 million
• Ethereum (ETH) blockchain still holds its first position with $31.19 million in sales
• Bitcoin overtakes Solana (SOL) for second place with $26.3 million
• The number of NFT buyers dropped by 90.20%
• NFT sellers decreased by 88.80% from last week

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Ethereum NFT sales up by 14%

The Ethereum NFT blockchain sales volume stood at $31.2 million this week. This shows a 14.% increase in the last seven days.

Interestingly, the number of NFT buyers on the Ethereum blockchain dropped significantly to 21,575.

Source: Blockchains by NFT Sales Volume (CryptoSlam)

When it comes to the second ranking, Bitcoin has overtaken Solana’s position, with an impressive 93 % increase in the last seven days.

According to the data, the Bitcoin blockchain’s NFT volume stood at $26.3 million. The Bitcoin network has exhibited the strongest growth among all chains.

Solana moved to third place at $12.9 million, with a 19.3% drop during the last seven days.

Mythos Chain (MYTH) stood in fourth place at $10.8 million, with a 1.3% drop during the last seven days.

Polygon (POL) earned fifth place, showing a 12.3% increase in NFT sales volume. Ethereum accounted for the majority of wash trading at $3.05 million.

DMarket loses first ranking to $?? BRC-20 NFTs

The sales volume of DMarket stood at $5.58 million, with a 2.7% drop during this timeframe.

DMarket lost its first ranking, which it had held for several weeks now to $?? BRC-20 NFTs.

$?? BRC-20 NFTs saw a 462% surge in NFT sales and stood at $10.45 million at press time.

Top NFT sales: Data from CryptoSlam

The data also shows that the following NFT collections topped the sales in the last week:

• SuperRare #7533 sold for $198,680
• CryptoPunks #7596 sold for $154,044
• Protoshrooms sold for $142,742
• CryptoPunks #5668 sold for $122,506
• CryptoPunks #8881 sold for $119,622

Read more: US Congressman Mike Collins buys ETH worth $80k

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