NFT Sales Climb 4.87% as Ethereum and Bitcoin Collectibles Dominate


NFT Sales Climb 4.87% as Ethereum and Bitcoin Collectibles Dominate

  news.bitcoin.com 28 September 2024 19:02, UTC

NFT sales saw a solid increase this week, climbing 4.87% from the previous period to reach a total of $79.38 million. According to cryptoslam.io, the number of NFT buyers jumped by 34.13%, while sellers grew by 28.72%.

Top NFT Collections See Gains This Week, Bitcoin-Based Nodemonkes Leads the Pack

Throughout the last seven days, Ethereum-based NFTs led the charge, with over $27.97 million in sales, marking a 22.46% rise. Bitcoin NFTs followed closely, pulling in $21.2 million, up 67.95% from the previous week. Solana-based NFTs took third place, securing $13.72 million in sales, though that figure reflected a drop of 16.63%.

Topping the charts as the best-selling collection was Nodemonkes, a Bitcoin-based NFT compilation, which garnered over $4 million in sales, up an impressive 170.75% compared to last week. Meanwhile, Immutable X’s Guild of Guardians generated $3.6 million, a 28.86% increase. Cryptopunks, the third highest-selling collection, raked in $3.18 million, growing by 91.09%.

The priciest NFT sold during this period was Autoglyphs #346, an Ethereum-based piece, which went for $207,297 just three days ago. Close behind was Polygon’s Mining Pass #1574, sold four days ago for $205,742. Bitcoin’s Ordinal Maxi Biz collection also made the top three, with a sale totaling $80,262 just three days ago.

Last week’s NFT market saw a 7.33% boost in sales, with this week reflecting continued growing momentum, especially in Ethereum and Bitcoin-based collections. With more collections gaining popularity and high-value NFTs continuing to attract attention, the market could be set for further expansion in the weeks ahead.

What do you think about this week’s NFT sales action? Do you expect the uptick to continue? Share your thoughts and opinions about this subject in the comments section below.

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