The NFT (non-fungible token) market has continued its recovery with sales volume rising by 4.09% to $109.8 million.
- NFT sales continued improving with 4.1% enlighten to $109.8 million
- CryptoPunks posted the week’s standout performance with 136% enlighten
- Market participation rebounded strongly with buyer counts up 53% and seller counts up 67%
This is the 2nd consecutive week of enlighten following quite lots of weeks of sales drops.
In step with records from CryptoSlam, market participation has rebounded with NFT investors increasing by 53.35% to 277,059, and NFT sellers rising by 67.19% to 206,669. Nonetheless, NFT transactions bask in declined by 6.65% to 1,630,579.
This is occurring at a time when Bitcoin (BTC) has recovered to the $115,000 level. At the identical time, Ethereum (ETH) has surged to the $4,400 level.
The global crypto market cap is now $4.04 trillion, up from final week’s market cap of $3.81 trillion.
Ethereum reclaims dominant home
Ethereum has reclaimed its dominant home with $46.4 million in sales. It is miles a 42% surge from the previous week. Ethereum’s wash shopping and selling has also jumped by 154.37% to $9.2 million.
Mythos Chain has maintained 2nd home with $12.2 million, declining 16.29%. Bitcoin has climbed to third home with $10.2 million, rising 8.44%.
Immutable (IMX) holds fourth home with $8.5 million, falling 0.10%. BNB Chain (BNB) sits in fifth with $8.4 million, declining 18.33%.
Solana (SOL) has risen to sixth with $7.5 million, up 41.01%. Polygon (POL) has dropped to seventh home with $5.6 million, falling 59.09%.
The buyer depend has increased at some level of most blockchains, with Immutable leading at 146% enlighten. This is adopted by Mythos Chain at 135.35% and Polygon at 122%.
DMarket has retained the tip location in series rankings with $7.1 million in sales, despite the truth that declining 23.16%. The gaming market has seen decreases at some level of all metrics, alongside side transactions (21.24%) and investors (27.62%).
CryptoPunks sales leap 136%
CryptoPunks has surged to 2nd home with $7 million, leaping by 136.83%. The series has bigger than doubled its transactions (146.15%) and investors (100%), while sellers grew by 136.36%.
Guild of Guardians Heroes holds third home with $4.8 million, posting minimal enlighten of 1.20%. Courtyard on Polygon has fallen to fourth home with $4.7 million, plummeting 62.86%.
Moonbirds sits in fifth with $4.6 million, surging 141.12%. The series has seen enlighten in transactions (148.99%) and investors (93.Forty eight%).
Bored Ape Yacht Membership has entered the tip six with $4.4 million, rising 78.76%. The Yuga Labs series has bigger than doubled its transactions (108.33%) and with regards to doubled its investors (93.33%).
Essential high-price sales from this week embrace:
- BOOGLE sold for 1,380 SOL ($324,846)
- CryptoPunks #8521 sold for 55.Forty eight ETH ($255,288)
- CryptoPunks #4420 sold for 56.388 ETH ($254,250)
- CryptoPunks #2642 sold for 52.1 ETH ($239,735)
- CryptoPunks #1180 sold for 49.89 ETH ($232,394)
