NFT Sales Drop 6% to $84.6 Million; Solana Maintains Second Ranking for Second Week

NFT Sales Drop 6% to $84.6 Million; Solana Maintains Second Ranking for Second Week
NFT Sales Drop 6% to $84.6 Million; Solana Maintains Second Ranking for Second Week

Amid a broader crypto market downturn, the non-fungible token (NFT) sales volume dropped by 6% to $84.6 million this past week. While the crypto market showed brief signs of recovery, recent data indicates a 1.39% decline in the global market cap, now sitting at $2.31 trillion, as per CoinMarketCap.

According to CryptoSlam, the NFT market recorded $89.1 million in sales last week, but this volume fell by 6% to reach $84.6 million. Ethereum remains the top blockchain for NFT sales, with a volume of $28.3 million, marking a 6.6% decrease from $31.1 million the previous week. Notably, the number of NFT buyers on the Ethereum blockchain rose by 17.4% to 56,021.

Solana held its position as the second-largest blockchain for NFT sales for the second consecutive week, despite an 11.3% drop in volume to $16.1 million. Buyer interest on Solana increased, with a 27.7% rise to 385,272.

In comparison, Bitcoin saw a modest decline of 2.78%, totaling $14.12 million in NFT sales. Following Bitcoin, Mythos Chain ranked fourth at $10.9 million with a 6.65% drop, while Immutable secured fifth place with a 6.2% decline.

Top NFT Sales and Market Highlights

  • DMarket led sales volume, although it dipped 11.62% to $5.744 million.
  • Guild of Guardians Heroes 2 ranked second, reaching $3.28 million in sales.

Top-selling NFTs included:

  • Wrapped Ether Rock #91, selling for 120,000 USDC.
  • Wrapped Ether Rock #59, selling for 119,000 USDC.
  • CryptoPunks #705, selling for 30.5 ETH.

For ongoing market insights, visit CentBit.Online – Crypto & Blockchain Expert Bangladesh.

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