NFT sales rise 16.1% to $96.1m, Bitcoin network dethrones Solana

Following the recent crypto market surge, the non-fungible token (NFT) sales volume has surged by 16.3% to $96.1 million.

The overall crypto market has been showing strong positive momentum recently.

Following Donald Trump’s victory in the U.S. presidential election, Bitcoin (BTC) reached a new all-time high of $77,252.75.

As per the latest CoinMarketCap data, the global crypto market cap has risen by 3.29% at press time to $2.6 trillion.

The NFT sales volume was $84.6 million last week. But according to recent data from CryptoSlam, the NFT sales have jumped by 16.1%.

• NFT sales volume increased to $96.1 million
• Ethereum (ETH) blockchain still holds its first position with $31.19 million in sales
• Bitcoin overtakes Solana (SOL) for second place with $26.3 million
• The number of NFT buyers dropped by 90.20%
• NFT sellers decreased by 88.80% from last week

Ethereum NFT sales up by 14%

The Ethereum NFT blockchain sales volume stood at $31.2 million this week. This shows a 14.% increase in the last seven days.

Interestingly, the number of NFT buyers on the Ethereum blockchain dropped significantly to 21,575.

When it comes to the second ranking, Bitcoin has overtaken Solana’s position, with an impressive 93 % increase in the last seven days.

According to the data, the Bitcoin blockchain’s NFT volume stood at $26.3 million. The Bitcoin network has exhibited the strongest growth among all chains.

Solana moved to third place at $12.9 million, with a 19.3% drop during the last seven days.

Mythos Chain (MYTH) stood in fourth place at $10.8 million, with a 1.3% drop during the last seven days.

Polygon (POL) earned fifth place, showing a 12.3% increase in NFT sales volume. Ethereum accounted for the majority of wash trading at $3.05 million.

DMarket loses first ranking to $?? BRC-20 NFTs

The sales volume of DMarket stood at $5.58 million, with a 2.7% drop during this timeframe.

DMarket lost its first ranking, which it had held for several weeks now to $?? BRC-20 NFTs. 

$?? BRC-20 NFTs saw a 462% surge in NFT sales and stood at $10.45 million at press time.

The data also shows that the following NFT collections topped the sales in the last week:

• SuperRare #7533 sold for $198,680
• CryptoPunks #7596 sold for $154,044
• Protoshrooms sold for $142,742
• CryptoPunks #5668 sold for $122,506
• CryptoPunks #8881 sold for $119,622