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June 2023 NFT Sales Slip: Ethereum Dominates, Bitcoin Declines, Solana Surges!

June 2023 Sees a Slip in NFT Sales

Data from cryptoslam.io reveals a slight decrease in NFT sales compared to May. Here are the key points:

– In June, a total of $707.70 million in NFT sales was recorded.
– Ethereum-based NFT sales accounted for $452 million, representing over 63% of the total sales.
– Bitcoin emerged as the second-highest blockchain in terms of sales, with $110.30 million in BTC-based NFT sales.
– However, there was a significant decline of 42.36% in Bitcoin-centric NFT sales compared to the previous month.
– Solana-based NFT sales experienced a remarkable surge, reaching $70.42 million, a 65% increase from the previous month.

Completing the top five blockchains in terms of sales are Mythos and Polygon. Here are their key points:

– Mythos registered $28,322,124 in sales, a decrease of 19.75% compared to May.
– Polygon saw sales amounting to $27,846,781, a significant drop of 45.91% from the previous month.
– The highest-grossing NFT collection in June was Uncategorized Ordinals, with $52.91 million in sales.

The top five highest-priced NFT sales in June were dominated by BTC-based NFTs. Here is the final point:

– Among the top five, four were BTC-based NFTs, with the exception of the NFT Fidenza #545.

Hot Take

NFT sales in June experienced a slight dip, with Ethereum leading the market. Bitcoin saw a decline in sales, while Solana showed promising growth. Mythos and Polygon faced declines as well. The highest-grossing collection was Uncategorized Ordinals, and BTC-based NFTs dominated the highest-priced sales.

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June 2023 NFT Sales Slip: Ethereum Dominates, Bitcoin Declines, Solana Surges!