NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023 – Bitcoin News

Closing the third week of January 2023, non-fungible tokens (NFT) assets saw a 16.39% increase in total sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the previous week. $256.69 million in NFT sales were recorded over the last seven days, with $206.06 million being Ethereum-based NFTs.

Ethereum Dominates NFT Market as Blockchains Theta, Fantom, Palm and Wax See Biggest Gains in NFT Sales

Digital ownership continues in 2023 with $256.69 million in non-fungible token (NFT) sales over the past seven days, according to statistics from cryptoslam.io. This represents a 16.39% increase from the previous week’s NFT sales and includes 1,355,376 NFT transactions. A total of 320,580 buyers participated in the market activity, an increase of 43.48% from the previous week.

Out of 20 unique blockchain networks, Ethereum (ETH) dominated, with $206.06 million of last week’s sales coming from the ETH chain ETH-based NFT sales increased by 24.78% over the last week. The second leading blockchain in terms of NFT sales this week is Solana (SOL), which had $36,378,730 in NFT sales. However, Solana NFT sales decreased by 10.44% compared to the previous week.

The blockchains that saw the biggest seven-day gains in terms of NFT sales were Theta, up 239%; Fantom, up 144%; Palm, up 97%; and Wax, up 73% this week. The top selling crypto collections this week included Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC), Bored Ape Kennel Club (BAKC), Azuki and Otherdeed.

The top three most expensive NFT sales this week include Bored Ape Yacht Club #4,025, which sold seven days ago for $613,000; Cryptopunk #7,674, which sold for $451,000 five days ago; and Cryptopunk #7,641, which sold for about $418,000 three days ago. At 10 am Eastern Time on Sunday, January 22, 2023, Cryptopunks had the highest floor value at 66.69. ETHwhile BAYC’s floor was just down at 66.247 ETHaccording to data from nftpricefloor.com.

What do you think of this week’s increase in non-fungal sign sales? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the News Leader at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written over 6,000 articles for Bitcoin.com News about the disruptive protocols coming out today.