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Non-Fungible Token Sales Up 1.23%, Ethereum Dominates Market

Posted on 6. Februar 2023 in Allgemein

Summary

  • Non-fungible token (NFT) sales increased 1.23% to $232.49 million last week.
  • Ethereum accounted for 81% of total NFT sales with $188.51 million in settlements.
  • Otherdeed and Doodles saw the highest growth, increasing 44% to 58% from the previous week.

NFT Market Resilience

Non-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to dominate the NFT industry, accounting for more than 81% of total sales last week with $188.51 million in NFT sales. Additionally, 7-day NFT sales have seen an increase since February 2023, with a current tally of $39.72 million in recorded sales so far this month.

Top Blockchains

Of the total amount of NFTs sold over the past seven days, Ethereum had the most out of the 20 blockchain networks listed on cryptoslam.io—accounting for 81%, or approximately $188.51 million in settlements—followed by Solana ($27.40 million), Immutable X ($4.50 million), Cardano, Polygon, Flow, BNB Chain and Arbitrum respectively making up majority of the remaining market share at smaller percentages each; Fantom experienced a 73.81 percent surge but only reported $17K in actual settlement amounts overall during that time period..

Top Collections

The top NFT collection was Otherdeed with a 44-percent increase reaching a total sale amount of 17-million dollars followed by Doodles which experienced a 58-percent surge bringing it up to 13-million dollars; Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC) and Checks VV Edition also made considerable movements as well throughout that time period..

Most Expensive Sales

The most expensive individual transactions were Bored Ape Yacht Club #8483 which was initially sold at 581k dollars then resold two days later for 490k dollars; Cryptopunk #2311 got snapped up at 511k dollars; Cryptopunk #9092 went out at 496k dollars while another BAYC (#8483) made its way into fourth place after being bought up at 420k dollars three days ago..

Highest Floor Value

The highest floor value on February 5th 2023 belonged to Cryptopunks with 6399 ether then followed closely by BAYC’s 635 ether spot price..