After a big uptick in February, non-fossil token (NFT) sales over the past seven days are down 32.32% from last week.Of the 19 blockchains, total NFT sales settled this week, 100 million Of the $86.2 million, Ethereum accounted for $148.56 million.
NFT sales declined
following a surge in digital collectible purchases in February.
Over the past seven days, NFT sales totaled$186.2 million from 760,857 buyers. While the number of buyers increased by 55.41% last week, sales volume decreased by 32.32%, with NFT transactions down 91% compared to the previous week. Ethereum dominated the market, capturing $148.56 million or 79.78% of the total. However, ETH-based NFT sales fell 37.78% compared to last week; Solana (SOL) NFT sales increased 12.93% this week, reaching $17 million, while Polygon recorded sales of just over $6 million, down 17.34% from the previous week.
The top five NFT collections in sales this week are all Ethereum-based. The best-selling collection over the past seven days was; MG Land” which increased 25.49% over the past week to just over $10 million in sales; the second best-selling NFT collection was, withMomokuro holo-selfwith sales of $8,848,317, followed bySewer Passwith $7,268,598 in sales over the past seven days, followed by NFT collections Bored Ape Yacht Club ($6.2M) and Otherdeed ($5.35M), which are followed by MG Land, Momoguro Holoself, and Sewer Pass.
Interestingly, bitcoin-based NFTs (Ordinal inscriptions) appeared in this week’s market data via Emblem Vault. Data from cryptoslam.io showsthat the Emblem Vault version four (v4)is a Counterparty-produced The collection is inscribed with a significant number of Ordinals, including collections Emblem Vault v4 was the eighth largest collection in sales this week, rising 287% over last week to $4.25 million. The most expensive NFT sold this week was Sewer Pass #21,915, which sold for $1.63 million six days ago.
In the NFT marketplace, Blur was again the leader this week, taking79.7%share; the NFT marketplace, Opensea, had a 14.9% share in the past week; the 30-day index shows that over $2 billion in NFTs have been sold, with Blur and Opensea gaining 74.5% and 22.4% market share, respectively; X2Y2 has a market share of about 2.5%; and Looksrare, the marketplace, recorded a 0.7% market share last month.
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