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The non-fungible token market has finally returned to its initial positive trend after suffering a downward spiral for more than two months.

The non-fungible token market has finally returned to positive growth after suffering a downward spiral for over two months.
The global NFT market began tanking in early March after the initial market hype that fueled its resurgence faded. However, recent data from cryptoslam.io shows that the NFT 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 $128 million, representing a 1.75% surge from the past week. During this time, crypto investors buying NFTs have surged 27% to 1.15 million.
Ethereum has been the most traded blockchain network in the NFT ecosystem this week. In the past seven days, Ethereum-based non-fungible token collections have recorded a trading sales volume of $37 million, representing a 7.03% surge from the past week.
Bitcoin has been the second most-traded blockchain network in the NFT market this week. In the past seven days, the Bitcoin-based non-fungible token collection has amassed a trading sales volume of $31 million. Nonetheless, Bitcoin NFT sales volume has plunged 9.12% from the past week.
Solana and Polygon have been the third and fourth most-traded NFT blockchain networks this week. In the past seven days, the Solana-based NFT collections have recorded a trading sales volume of $19 million, while Polygon-based NFT collections have amassed a sales volume of $16 million. Solana and Polygon NFT sales have surged 3.83% and 6.68%, respectively.
Here are the five top-selling NFTs this week:
1. Guild Of Guardians NFT Collection
2. Moon Girl NFT Collection
3. Bored Ape Yacht Club NFT Collection
4. DMarket NFT Collection
5. Bitcoin Puppets NFT Collection
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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