NFT Sales Surge Over 43% in Past Week, Topping $397 Million

According to statistics recorded on February 18, 2023, sales of non-fossil token (NFT) assets over the past seven days increased 43.97% compared to the previous week. This week’s NFT sales volume reached $397.86 million, with 345,716 NFT buyers and approximately 1.62 million transactions.

In 2023, NFT sales will continue to rise, with Ethereum dominating NFT sales with a 90% market share

According to cryptoslam.io’sstatisticsnon-fundable token (NFT) sales surged last week, rising more than 43% from the previous week. NFT sales for the week totaled $397.86 million, while the number of buyers increased by more than 77% to 345,716. NFT sales on the Ethereum blockchain dominated, accounting for $360.32 million, or just over 90% of the total.

Sales of non-fundable tokens (NFTs) on the Ethereum blockchain led the way, increasing 54.77% from the previous week to $360.32 million. Solana-based NFT sales followed with $18,790,359, down 7.47% from last week.In terms of 7-day sales, Ethereum and Solana were followed by Polygon, Immutable X, and Binance Smartchain, respectively.

The best-selling non-fungible tokens (NFT) collection this week was Otherdeed, with total sales of $47,043,296. sales for Otherdeed were up 160.21% over the previous week. Following Otherdeed were Azuki, Moonbirds, Mutant Ape Yacht Club (MAYC), and Bored Ape Yacht Club (BAYC). This week, Azuki was up 174.98% while Moonbirds’ NFT was up 502.43% over last week.

According to weeklyindicatorsfrom both dappradar.com and Dune Analytics, Blur in the NFT market outperformed the frontrunner market, Opensea, this week; according to Dune’sstatisticsBlur gained over 66% of market share and Opensea had 23.9%, according to Dappradar.com, the top five marketplaces this week in various chains were Blur, Opensea, X2Y2, Immutable X Marketplace, and Lookrare, respectively According to the report.

Image credits: Shutterstock, Pixabay, Wiki Commons

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