Record-breaking week for NFT market as sales top $412m

by Norberto Parisian

Fresh data from Cryptoslam.io has proven a first-rate uptick in the non-fungible token (NFT) market, with sales over the final seven days reaching $412,384,130, a 35.14% lengthen from the old week’s figures.

This marks the third consecutive week of voice in the NFT sector. Among the 21 blockchains analyzed, Bitcoin led the sales volume with $154.82 million, representing a 103.29% lengthen. Ethereum followed closely with sales amounting to $153.94 million, indicating a 10.60% voice in ETH-basically basically based thoroughly NFT transactions.

Other blockchains, alongside side Solana, BNB Chain, and Mythos Chain, additionally reported will increase of their NFT sales, contributing to the overall upward thrust in market process. The voice in sales across these various platforms highlights the rising curiosity and investment in the NFT feature.

Leading collections and excessive-price sales

The week’s data additionally spotlighted explicit collections that drove the market’s efficiency. Bitcoin’s Uncategorized Ordinals series was as soon as the glorious-grossing, with sales of $39,037,963, marking a 213.99% lengthen from the previous week. The Nodemonkes series followed, producing $32,648,037 in sales.

Additional collections like Pandora, Creepz, and Cryptopunks were among the end 5 in sales volume, showcasing the variability and attraction of NFTs on hand to collectors and investors.

A well-known transaction within this length was as soon as the sale of a Bitcoin NFT named “Burgie” for $1.44 million, the glorious for the week. Other primary sales incorporated a Solana-basically basically based thoroughly NFT sold for $1.1 million and an Ethereum NFT, “Lif3 v3 Position,” which went for $597,800. These excessive-price transactions emphasize the profitable nature of the market and the willingness of collectors to invest substantial amounts in digital resources.

The details underlines the persevered voice and dynamism contained in the NFT market, driven by a super vary of collections and tense sales across a pair of blockchains.

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