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Home»NFT»NFT Sales Rise 16.1% to $96.1 Million, Bitcoin Network Dethrones Solana
NFT

NFT Sales Rise 16.1% to $96.1 Million, Bitcoin Network Dethrones Solana

2024-11-09No Comments3 Mins Read
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Following the crypto market’s recent surge, non-fungible token (NFT) sales volume increased 16.3% to $96.1 million.

The overall crypto market has shown strong positive momentum lately.

Following Donald Trump’s victory in the US presidential election, Bitcoin (BTC) hit a new all-time high of $77,252.75.

According to the latest CoinMarketCap data, the global cryptocurrency market capitalization has increased 3.29% to $2.6 trillion at the time of writing.

NFT sales volume reached $84.6 million last week. But according to recent data from CryptoSlam, NFT sales are up 16.1%.

  • NFT sales volume increased to $96.1 million
  • Ethereum (ETH) blockchain still holds its first position with revenues of $31.19 million
  • Bitcoin overtakes Solana (SOL) for second place with $26.3 million
  • The number of NFT buyers fell by 90.20%
  • NFT sellers fell 88.80% from last week

You might also like: Bitcoin is at $77,000 48 hours after the US elections

Ethereum NFT Sales Rise 14%

Ethereum NFT blockchain sales volume this week reached $31.2 million. This shows an increase of 14.% in the last seven days.

Interestingly, the number of NFT buyers on the Ethereum blockchain has dropped significantly to 21,575.

Source: Blockchains by NFT Sales Volume (CryptoSlam)

When it comes to second place, Bitcoin has overtaken Solana, with an impressive 93% increase in the last seven days.

According to the data, the Bitcoin blockchain’s NFT volume reached $26.3 million. The Bitcoin network has shown the strongest growth of all chains.

Solana climbed to third place with $12.9 million, down 19.3% over the past seven days.

See also  TRX could rise to $0.095 and outperform Bitcoin

Mythos Chain (MYTH) was in fourth place with $10.8 million, down 1.3% over the past seven days.

Polygon (POL) took fifth place, showing a 12.3% increase in NFT sales volume. Ethereum was responsible for the majority of the wash trading worth $3.05 million.

DMarket loses first place to $?? BRC-20 NFTs

DMarket’s sales volume was $5.58 million, down 2.7% during the period.

DMarket lost its first ranking, which it had held for several weeks, to $?? BRC-20 NFTs.

$?? BRC-20 NFTs saw a 462% increase in NFT sales, reaching $10.45 million at the time of writing.

Top NFT Sales: Data from CryptoSlam

The data also shows that the following NFT collections topped sales this past week:

  • SuperRare #7533 sold for $198,680
  • CryptoPunks #7596 sold for $154,044
  • Protoshrooms sold for $142,742
  • CryptoPunks #5668 sold for $122,506
  • CryptoPunks #8881 sold for $119,622

Read more: US Congressman Mike Collins buys ETH worth $80,000

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Bitcoin Dethrones Million Network NFT Rise sales Solana
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