NFT Sales Surge 77% in Seven Days
The NFT market has seen a significant spike in activity over the past few days, with the majority of the increased trading sales volume coming from Bitcoin-based NFTs. Based on data from CryptoSlam.io, the global non-fungible token market has attracted a trading sales volume of $577 million in the past seven days representing a 77.29% surge from the past week.
Bitcoin-Based NFTs Dominate Trading Volume
Bitcoin-based NFTs are leading in trading sales volume with collections hosted on Bitcoin accumulating $362 million, representing a 223% increase from the previous week. Ethereum, Solana, and Polygon NFTs follow with trading volumes of $915 million, $90 million, and $12 million respectively.
Top Ten Most Selling NFTs
BRC-20s, animal-inspired crypto tokens, and Bitcoin Ordinals have continued to lead in sales with BRC-20 ($SAT) recording a trading volume of $43 million, while Bitcoin Ordinals have recorded a trading sales volume of $21 million.
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Hot Take
The NFT market has seen a surge in trading sales volume in the past week with Bitcoin-based NFTs dominating the sales, which is indicative of the increasing interest in this segment of the crypto market.
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