This Week’s NFT Sales See 10% Growth After Difficult September


This Week’s NFT Sales See 10% Growth After Difficult September

  news.bitcoin.com 05 October 2024 18:38, UTC

Following a slow period for non-fungible token (NFT) sales in September, the past week has shown a 10.07% rise in revenue compared to the previous week. According to data from cryptoslam.io, the total NFT sales reached $85.8 million, with Ethereum contributing $27.75 million.

NFT Market Sees $85.8M in Sales, Ethereum Tops $27M

Over the past week, $85.79 million in digital collectible sales were recorded across 21 blockchain networks, cryptoslam.io reports. Ethereum led the way with $27.75 million, marking a 3% increase from the previous week. Bitcoin followed, generating $12.69 million in NFT sales, though this figure represents a 40.27% decline from the prior week. Solana secured third place with $11.97 million, down 10.97%.

Mythos and Polygon NFTs made notable gains, with Mythos rising by 3,957.91% and Polygon by 151.55%. Mythos’ Dmarket was the top-selling NFT collection, recording $10.73 million in sales. Immutable X’s Guild of Guardians followed with $3.26 million. Cryptopunks recorded $3 million in sales, a 4.64% drop. The top-selling NFT of the week was an Ethereum-based Gondi User Vault, which sold for $600,400.

The second-highest sale came from Polygon, as Mining Pass #2372 fetched $205,145, while an Axie from Ronin claimed the third spot, selling for $103,247 four days ago. The number of digital collectible buyers grew by 21.76%, while the number of sellers increased by 17.13%. A total of 1,936,833 NFT transactions were recorded, a 63.64% rise compared to the previous week.

What do you think about this week’s NFT market action? Share your thoughts and opinions about this subject in the comments section below.

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