The non-fungible token market has recorded a positive trend this week, defying the crypto bear market, which left many non-fungible token floor prices down more than 20% last week. In this article, we will examine the market health of this burgeoning market of non-fungible tokens this week:
NFT Sales Jump 5% In The Past 7 Days
Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that the non-fungible token market has finally broken its resistance level and recorded some positive growth this week. In the past seven days, the NFT market has amassed a trading sales volume of $102 million, representing a 5.61% surge from the past week.
Ethereum, the blockchain network renowned for powering the majority of blue-chip non-fungible tokens, has been the most traded blockchain network in the NFT ecosystem this week. In the past seven days, the Ethereum-based non-fungible token collections have recorded a trading sales volume of $33 million. However, Ethereum NFT trading sales volume has plunged 9.15% from the past week.
Polygon, an Ethereum scaling blockchain network, has been this week’s second most-traded blockchain network in the NFT ecosystem, outpacing dominant blockchain networks Solana and Bitcoin. In the past 24 hours, the Polygon-based NFT collections have amassed a trading sales volume of $22 million. Polygon NFT trading sales volume has surged 40% from the past week.
Bitcoin, the same blockchain network powering the flagship crypto, Bitcoin, and renowned in the NFT market for hosted Runes and Ordinals collections, has been this week’s third most-traded NFT blockchain. In the past seven days, the Bitcoin-based non-fungible token collection has amassed a trading sales volume of $18 million. Bitcoin NFT sales volume has surged 6.63% this week from the past week.
Solana and Mythos Chain have been the fourth and fourth most-traded blockchain networks in the NFT ecosystem this week. In the past seven days, the Solana-based NFT collections have raised a trading sales volume of $14 million, while Mythos Chain-based NFT collections have amassed a trading sales volume of $4.4 million. Solana NFT trading sales volume has surged 2.87%, while Mythos Chain NFT sales volume has plunged 3.83% from the past week.
Top Selling NFTs In The Past 7 Days
1. CryptoPunks NFT Collection
CryptoPunks, a non-fungible token collection managed by the digital asset firm Yuga Labs and features a limited supply of 10,000 NFTs hosted on the Ethereum blockchain network, has been this week’s top-selling NFT collection. In the past seven days, the CryptoPunks NFT collections have recorded a trading sales volume of 5.7 million. Punk NFT trading sales have surged 15% this week from the past week.
2. DMarket NFT Collection
DMarket, a non-fungible token collection from the virtual asset market platform DMarket hosted on the Mythos Chain network, has been this week’s second most-selling NFT collection. In the past seven days, the DMarket NFT collection has recorded a trading sales volume of $4.1 million. During this time, the DMarket NFT trading sales volume has plunged 3.2 % from the past week.
3. Pudgy Penguins NFT Collection
Pudgy Penguins, a non-fungible token created by the toy brand Pudgy Penguins featuring a fixed supply of 8,888 NFTs hosted on the Ethereum blockchain network, has been this week’s third most-selling NFT collection. In the past seven days, the Pudgy Penguins non-fungible token collection has attracted a trading sales volume of $3.6 million, representing a 7.58% surge from the past week.
4. Bored Ape Yacht Club NFT Collection
Bored Ape Yacht Club, an all-time top-selling NFT collection from the digital asset firm Yuga Labs that features a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network, has been this week’s fourth most-selling NFT collection. In the past seven days, the Bored Ape Yacht Club has amassed a trading sales volume of $3.4 million. However, the Bored Ape NFT trading sales volume has plunged 4.07% this week from the past week.
5. NodeMonkes NFT Collection
NodeMonkes, a non-fungible token featuring a limited edition of 10,000 Bitcoin-based NFTs leveraging the ordinal protocol, has been this week’s fifth most-selling NFT collection. In the past seven days, the NodeMonkes NFT collection has garnered a trading sales volume of $3.3 million. During this time, the NodeMonkes NFT trading sales volume has surged 55% from the past week.
6. Guild Of Guardians NFT Collection
Guild of Guardians, a non-fungible token collection from a mobile role-playing game, Guild of Guardians, has been this week’s sixth most-selling NFT collection. In the past seven days, the Guild of Guardians NFT collection has attracted a trading sales volume of $3.3 million. The Guild of Guardians NFT trading sales volume has surged 96% this week from the past week.
7. DogeZuki NFT Collection
DogeZuki, a non-fungible token collection that features a fixed edition of 2,800 Shiba Inu-inspired digital items hosted on the Solana blockchain network, has been this week’s seventh most-selling NFT collection. In the past seven days, the DogeZuki NFT collection has raised a trading sales volume of $2.6 million. The DogeZuki NFT sales volume has surged 8.58% from the past week.
8. Bitcoin Puppets NFT Collection
Bitcoin Puppets, a non-fungible token collection created on the Bitcoin blockchain network using the Ordinal protocol, has been this week’s eighth most-selling NFT collection. In the past seven days, the Bitcoin Puppet has amassed a trading sales volume of $2.6 million. The Bitcoin Puppets NFT trading sales volume has increased by 26% from the past week.
9. Sea Dragon NFT Collection
Sea Dragon, a non-fungible token collection created on Polygon, an Ethereum scaling solution network featuring a limited edition of 10,000 NFT collections, has been this week’s ninth most-selling NFT collection. In the past seven days, the Sea Dragon NFT collection has recorded a trading sales volume of $2.6 million. The Sea Dragon NFT trading sales volume has surged +1000% from the past week.
10. Sunny Girl NFT Collection
Sunny Girl, another non-fungible token collection created on Polygon, an Ethereum scaling solution network, featuring a limited edition of 10,000 NFT collections, has been this week’s tenth most-selling NFT collection. In the past seven days, the Sunny Girl NFT collection has garnered a trading sale volume of $2.1 million, closing our ten top-selling NFT collections this week.
Top NFT Collectible Sales In The Past 7 Days
Punk #627 was the most expensive NFT collection sold this week, selling for nearly $1 million four days ago. Punk #50 was the second most expensive NFT collection sold this week, selling for $306,725 six days ago. UrbanNode #63 was the third most expensive NFT collection, selling for $37,749 two days ago.
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