NFTs Hit $187M: Ethereum Sales Soar While Bitcoin Slips in a Tumultuous Week

CN
2 days ago

Ethereum dominated the market, contributing $106.72 million in sales—a 9.39% increase compared to last week. Bitcoin secured $25.35 million in sales, though this figure marked a 9.43% decline, while Solana ranked third with $16.92 million, experiencing a 3.18% decrease. Among the top five blockchains by sales volume, Immutable emerged as the strongest performer, posting a 26.97% gain and reaching $7.73 million in NFT sales.

NFTs Hit $187M: Ethereum Sales Soar While Bitcoin Slips in a Tumultuous Week

Azuki claimed the top spot among NFT collections this week, generating $26,876,382 in sales—a 51.19% increase from the previous week. Pudgy Penguins followed with $13,325,138, while Azuki Elementals ranked third at $8,323,085. Sales for Pudgy Penguins grew by 36.57%, and Azuki Elementals recorded an 11.64% increase. The standout performer among top collections was Solana’s Mad Lads, which surged by an impressive 132.07%, capturing $4,247,980 in sales.

The priciest NFT sold this week was Cryptopunk #6,472, which fetched $740,180 approximately five days ago. A Kreating Colourblind NFT from Cardano sold for $392,235 three days ago, while a Solana Boogle #007 changed hands for $369,876 two days ago. Buyer activity surged by 59.34% over the week, with sellers increasing by 43.67%. However, the total number of NFT transactions declined by 6.37%, with 1,416,984 transactions completed during the period.

The data reflects a dynamic week for NFTs, marked by shifting blockchain performances and standout collection gains. While Ethereum reaffirmed its dominance, Immutable’s growth and Solana’s Mad Lads captured attention. The rise in buyers hints at growing market interest, though fewer transactions signal selective activity. This blend of expanding interest and refined participation underscores the NFT market’s evolving complexity and potential.

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