NFT sales rise 4.87% as Ethereum and Bitcoin collectibles dominate
NFT sales saw a notable 4.87% increase this week, reaching a total of $79.38 million.
This growth was driven by a surge in both buyers, up by 34.13%, and sellers, who increased by 28.72%.
Ethereum (CRYPTO:ETH) and Bitcoin-based (CRYPTO:BTC) NFTs played a key role in the rising numbers, dominating the market.
Ethereum NFTs led with $27.97 million in sales, marking a 22.46% increase compared to the previous period.
Bitcoin NFTs followed closely, bringing in $21.2 million, up 67.95%.
Solana-based (CRYPTO:SOL) NFTs secured third place with $13.72 million, though sales for Solana collections dropped by 16.63% from last week.
The top-selling collection for the week was Nodemonkes, a Bitcoin-based NFT, which recorded over $4 million in sales, up by 170.75%.
Immutable X’s Guild of Guardians followed, generating $3.6 million, a 28.86% rise.
Cryptopunks came in third, pulling in $3.18 million, with a 91.09% growth in sales.
Among individual NFT sales, the priciest was Ethereum’s Autoglyphs #346, which sold for $207,297 three days ago.
Close behind was Polygon’s Mining Pass #1574, which went for $205,742, and Bitcoin’s Ordinal Maxi Biz collection had a top sale of $80,262.
Last week saw a 7.33% rise in NFT sales, and this week’s continued momentum, particularly in Ethereum and Bitcoin-based collections, indicates further market expansion.
As more collections gain traction and high-value sales continue, the NFT market could see further growth in the coming weeks.
At the time of writing, the Bitcoin price was $64,434.89, and the Ethereum price was $2,627.55.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Semler Scientific, a US-listed company, purchased another 297 Bitcoins
Babylon will open the first phase of Cap-3 staking at 19:00 on December 10, 2024
Data: Wintermute currently still holds 17.8 million TAI
OpenTrade announces $4 million seed extension round led by AlbionVC