Closing out the third week of January 2023, non-friable token (NFT) assets posted an overall increase of 16.39% in sales. 320,580 buyers participated in this weeks NFT market action and this was a 43.48% increase compared to the previous week. Over the past seven days, $256.69 million in NFT sales were recorded, with $206.06 million being Ethereum-based NFTs.
Blockchains Theta, Fantom, Palm, and Wax made the biggest gains in NFT sales, with Ethereum dominating the NFT market
According to cryptoslam.io’sstatistics, digital ownership continues into 2023 with $256.69 million in non-fiat tokens (NFT) sales over the past seven days. This is a 16.39% increase from the previous week’s NFT sales, which included 1,355,376 NFT transactions. A total of 320,580 buyers participated in market activity, up 43.48% from the previous week.
Of the 20 unique blockchain networks, Ethereum (ETH) dominated, with $206.06 million of last week’s sales coming from theETHchain.ETH-based NFT sales increased last week by 24.78% increase. The second largest blockchain by NFT sales this week was Solana (SOL), with NFT sales of $36,378,730. However, Solana’s NFT sales decreased 10.44% compared to the previous week.
The blockchains with the largest seven-day gains in NFT sales were Theta, up 239% this week; Phantom, up 144%; Palm, up 97%; and Wax, up 73%. Top-selling crypto collections this week included Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC), Bored Ape Kennel Club (BAKC), Azuki, and Otherdeed.
The top three NFT sales this week were Bored Ape Yacht Club #4,025, which sold 7 days ago for $613,000; Cryptopunk #7,674, which sold 5 days ago for $451,000; Cryptopunk #7, 641. on Sunday, January 22, 2023, at 10 a.m. ET, Cryptopunk had the highest floor value at 66.69, ETH. Meanwhile, BAYC’s floor was just below that at 66.247, ETHaccording to nftpricefloor.com’sdata
Image credits: Shutterstock, Pixabay, Wiki Commons