The NFT Market this Week
The global NFT market has retested a positive surge, following the footprints of the crypto market, which has also recorded some positive gains this week. The global NFT market is making a rebound after experiencing a short bear in the past several weeks. In this article, we shall explore the state of NFTs in the past seven days.
NFT Sales Jump 7% In The Past 7 Days
Data fetched by Cryptoslam.io, an on-chain data aggregator, indicates that the NFT market has recorded a light surge this week. In the past seven days, the global NFT market has attracted a sales volume of $252 million. The NFT market has surged 7% this week from the past week.
Ethereum, the largest NFT blockchain network, was the most traded blockchain network in the NFT ecosystem. In the past seven days, the Ethereum-based NFT collection has amassed a trading sales volume of $128 million. Ethereum NFT sales have surged 77% this week compared to the past week.
Bitcoin, the same blockchain network powering the flagship crypto Bitcoin, is in the second most traded NFT collection this week. In the past seven days, Bitcoin-based NFTs have recorded a trading sales volume of $58 million. However, Bitcoin NFT sales have decreased by 14% in the past week.
Solana and Polygon are the third and fourth most traded NFT blockchain networks this week. In the past seven days, Solana-based NFTs have raised a trading sales volume of $28 million, while Polygon-based NFTs have amassed a trading sales volume of $7.8 million. Nonetheless, Solana NFT sales have plunged 44%, while Polygon NFT sales have dropped 25% from the past week.
Top Selling NFT Collection In The Past 7 Days
1. Pandora NFT Collection
Pandora, an NFT collection featuring a limited supply of 10,000 replicant NFTs hosted on the Ethereum blockchain, is the top-selling NFT collection this week. In the past seven days, the Pandora NFT collection has amassed a trading sales volume of $41 million.
2. Bitcoin Ordinals ‘Uncategorized’ NFTs
Bitcoin Ordinals, an NFT collection created on the Bitcoin blockchain network using the ordinal theory, has been the second most selling NFT collection this week. In the past seven days, the Bitcoin Ordinals has amassed a trading sales volume of $15 million, representing a 32% spike from the past week.
3. Nobody NFT Collection
Nobody, an NFT collection from the Hong Kong director Stephen Chow, has been this week’s third most-selling NFT collection. In the past seven days, the Nobody NFT collection has recorded a trading sales volume of $14 million.
PArt 3:
The global NFT market has retested a positive surge, following the footprints of the crypto market, which has also recorded some positive gains this week. The global NFT market is making a rebound after experiencing a short bear in the past several weeks. In this article, we shall explore the state of NFTs in the past seven days.
NFT Sales Jump 7% In The Past 7 Days
Data fetched by Cryptoslam.io, an on-chain data aggregator, indicates that the NFT market has recorded a light surge this week. In the past seven days, the global NFT market has attracted a sales volume of $252 million. The NFT market has surged 7% this week from the past week.
Ethereum, the largest NFT blockchain network, was the most traded blockchain network in the NFT ecosystem. In the past seven days, the Ethereum-based NFT collection has amassed a trading sales volume of $128 million. Ethereum NFT sales have surged 77% this week compared to the past week.
Bitcoin, the same blockchain network powering the flagship crypto Bitcoin, is in the second most traded NFT collection this week. In the past seven days, Bitcoin-based NFTs have recorded a trading sales volume of $58 million. However, Bitcoin NFT sales have decreased by 14% in the past week.
Solana and Polygon are the third and fourth most traded NFT blockchain networks this week. In the past seven days, Solana-based NFTs have raised a trading sales volume of $28 million, while Polygon-based NFTs have amassed a trading sales volume of $7.8 million. Nonetheless, Solana NFT sales have plunged 44%, while Polygon NFT sales have dropped 25% from the past week.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.