NFT Sales Rise 18.43% This Week, Led by Ethereum’s $233.85 Million in NFT Settlements

Non-Fungible Tokens (NFT) Sales 18.43% increased to a total of $272.68 million this week. However, the number of NFT buyers decreased by 60.31% to about 195,716. Ethereum NFT revenue continues to lead the market, accounting for his $233.85 million in total revenue, up 25.42% from the previous week.

Top NFT Collections of the Week: Otherdeed Leads with $18.26 Million in Sales

NFT Sales This Week Up 18.43%, 2 Overall Recorded sales of $72.68 million over 20 blockchain projects issuing NFTs. Ethereum led the market, accounting for 85.76% of total revenue, at $233.85 million. ETH-based NFT turnover also increased by 25.42% from the previous week.

Number of NFT sales and NFT buyers in the last 7 days.

Solana ranked her second in sales of her NFTs, making $20,415,068 in the past week. However, this figure is down 25.95% from the previous week. Ethereum and Solana were followed by Immutable X, Polygon and Cardano respectively to record her NFT sales. Immutable X earned $6,222,375, Polygon $3,469,913, and Cardano $3,132,714.

According to data from cryptoslam.io, the top 5 most expensive NFTs sold this week.

Last week’s best-selling NFT collection was Otherdeed, with sales of $18,260,273. Bored Ape Yacht Club (BAYC) followed with sales of $16,520,662. Other collections in the top 5 were Mutant Ape Yacht Club (MAYC), Checks VV Edition, Doodles, and Sewer Pass. Among these five collections, BAYC recorded the largest increase in sales, up 31.35% from the previous week.

The most expensive NFT sold last week was Cryptopunk #5,066, which sold for $1.4 million five days ago. This sale was followed by BAYC #7,090, which sold for $1.3 million four days ago. Cryptopunk #2,886 sold for $454,744 a day ago, Otherdeed #54,421 sold for $327,796, and Otherdeed #67,782 sold for $282,219 this week. According to nftpricefloor.com stats, BAYC NFT currently has the highest floor value at 70.97 ETHand Cryptopunks at 63.29 ETH

Image Credits: Shutterstock, Pixabay, Wiki Commons, Editorial Photo Credits: Rokas Tenys / Shutterstock.com

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