NFT Sales Jump 6.68% This Week

The non-fungible token has slightly surged this week, breaking its recent negative trend that left the global weekly sales volume below $70 million.

The global non-fungible token market has shown positive growth this week, with a 6.68% increase in trading sales volume compared to the previous week. According to data from CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer backed by crypto billionaire Mark Cuban, the global NFT market has seen a total trading sales volume of over $79 million in the past seven days.

This positive growth is evident in the increasing number of investors buying non-fungible token collections, with over 649,000 crypto traders making NFT purchases during this period. Interestingly, this figure has surged by 34% in the past week. Moreover, over 300,000 have sold their NFTs, further contributing to the overall market activity. The global NFT market has seen over 1.7 million transactions this week.

Ethereum, the blockchain network renowned in the NFT market for powering the majority of blue-chip non-fungible token collections, has remained the dominant NFT blockchain network this week. In the past seven days, the Ethereum-based NFT collections have raised a trading sales volume of $28 million. During this time, Ethereum NFT sales have surged 25% in the past week.

Bitcoin, the blockchain network renowned in the global NFT market for hosting Runes, Ordinals, and BRC-20 NFT collections, has risen in dominance, becoming the second most-traded NFT blockchain in the NFT ecosystem. In the past seven days, the Bitcoin-based NFT collections have recorded a sales volume of $20 million. During this time, the Bitcoin NFT sales volume has surged by 62% from the past week.

Solana, an open-source blockchain network that supports smart contracts, including non-fungible tokens and various decentralized applications, has been this week’s third most-traded blockchain network in the NFT market. In the past seven days, the Solana-based NFT collections have raised a trading sales volume of $13 million. During this time, the Solana NFT trading sales have plunged by 16% from the past week.

Polygon, an Ethereum scaling solution network, has suffered a reduction in traction, becoming this week’s fourth most-traded blockchain network in the NFT ecosystem. The Polygon-based non-fungible token collections have amassed a trading sales volume of $3.8 million in the past seven days. During this time, the Polygon NFT sales volume has plunged 50% from the past week.

BNB Chain, a decentralized blockchain network introduced by Binance, one of the largest cryptocurrency exchanges in daily trading volume, is this week’s fifth most-traded blockchain network in the NFT market. In the past seven days, the BNB Chain-based NFTs have amassed a trading sales volume of $3.7 million, closing our five most-traded blockchain networks this week.

Top Selling NFT Collection In The Past 7 Days

1. NodeMonkes NFT Collection

NodeMonkes, a renowned ordinal collection featuring a limited edition of 10,000 NFTs hosted on the Bitcoin blockchain network, is this week’s most-selling NFT collection, outpacing punks that recently used to be the talk of the streets. In the past seven days, the NodeMonkes Ordinal collection has raised a trading sales volume of $.8 million. During this time, the NodeMonkes NFT sales volume has surged 117% from the past week.

2. Guild Of Guardians NFT Collection

Guild of Guardians, a non-fungible token collection from Guild of Guardians, a renowned role-playing NFT game that allows players to take teams of heroes through challenging dungeons to collect resources, has been this week’s second most-selling NFT collection. In the past seven days, the Guild of Guardians has attracted a trading sales volume of $3.4 million. During this time, the Guild of Guardians NFT trading sales have surged 13% from the past week.

3. CryptoPunks NFT Collection

CryptoPunks, a non-fungible token collection featuring a limited set of 10,000 NFTs hosted on the Ethereum blockchain network that is managed by the digital asset firm Yuga Labs, is this week’s third most-selling NFT collection. The CryptoPunks NFT series has recorded a trading sales volume of $3.2 million in the past seven days. During this period, CryptoPunks NFT sales volume has soared by 59% from the past week.

4. Bitcoin Puppets NFT Collection

Bitcoin Puppets, a renowned ordinal collection featuring a limited supply of 10,001 unique PFPs hand-drawn in MS Paint by a 12-year-old artist and stored in the Bitcoin blockchain network, is this week’s fourth most-selling NFT collection. In the past seven days, the Bitcoin Puppets NFT collection has