Fun

NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023

News Feed - 2023-01-23 03:01:37

NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023


Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven days, with $206.06 million being Ethereum-based NFTs. Ethereum Dominates NFT Market as Blockchains Theta, Fantom, Palm, and Wax See Largest Gains in NFT Sales


Digital ownership continues in 2023 with $256.69 million in non-fungible token (NFT) sales over the last seven days, according to statistics from cryptoslam.io. This represents a 16.39% increase from the previous week’s NFT sales and includes 1,355,376 NFT transactions. A total of 320,580 buyers participated in the market activity, a 43.48% increase from the prior week. NFT sales volume increased by more than 16% higher than the week before.


Out of 20 unique blockchain networks, Ethereum (ETH) dominated, with $206.06 million of the past week’s sales coming from the ETH chain. ETH-based NFT sales increased by 24.78% over the last week. The second-leading blockchain in terms of NFT sales this week is Solana (SOL), which had $36,378,730 in NFT sales. However, Solana NFT sales were down 10.44% compared to the previous week. The top NFT collectible sales during the trailing seven day period.


The blockchains that saw the largest seven-day gains in terms of NFT sales were Theta, up 239%; Fantom, up 144%; Palm, up 97%; and Wax, up 73% this week. The top-selling cryptographic collections this week included Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC), Bored Ape Kennel Club (BAKC), Azuki, and Otherdeed.


The top three most expensive NFT sales this week include Bored Ape Yacht Club #4,025, which sold seven days ago for $613,000; Cryptopunk #7,674, which sold for $451,000 five days ago; and Cryptopunk #7,641, which sold for around $418,000 three days ago. At 10 a.m. Eastern Time on Sunday, Jan. 22, 2023, Cryptopunks had the highest floor value at 66.69 ETH, while BAYC’s floor was just below at 66.247 ETH, according to data from nftpricefloor.com. Tags in this story Azuki, Blockchain, Bored Ape Kennel Club, Bored Ape Yacht Club, Buyers, cryptographic collection, cryptopunk, cryptoslam.io, digital ownership, Ethereum, Ethereum floor, Fantom, Market Activity, market growth, Mutant Ape Yacht Club, nft, NFT Market, NFT market action, NFT Markets, NFT sales, nftpricefloor.com, NFTs, Non-fungible Token, Non-fungible token sales, Non-fungible tokens, Otherdeed, Palm, sales increase, Solana, Theta, USD sales, WAX


What do you think about this week’s increase in non-fungible token sales? Let us know what you think about this subject in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Examining the Holdings of 5 Centralized Crypto Exchanges: A Look at Binance, Okx, Crypto.com, Bitfinex, and Huobi NEWS | 7 hours ago Ukraine’s Financial Watchdog Reports Blocking Russian Crypto Exchanges NEWS | 12 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleExamining the Holdings of 5 Centralized Crypto Exchanges: A Look at Binance, Okx, Crypto.com, Bitfinex, and Huobi Next articleBinance Banking Partner to Ban Crypto Trading Transfers Under $100K Show comments More Popular NewsIn Case You Missed ItRipple CEO: SEC Lawsuit Over XRP "Has Gone Exceedingly Well"


The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method Terra"s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin

News Feed

This Bitcoin Ransomware Rakes in $150 Million in BTC
This Bitcoin Ransomware Rakes in $150 Million in BTC A new report by two cybersecurity firms has revealed that one ransomware family is particularly successful,
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
Bank of England Hikes Repo Rate by 75bps — UK"s 30-Year Fixed Mortgage Rate Jumps to 7% On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the ei
Fidelity’s Bitcoin ETF draws $40M in largest single investment from advisers
Ana Paula Pereira6 hours agoFidelity’s Bitcoin ETF draws $40M in largest single investment from advisersFinancial advisers Legacy Wealth Management and United Capital Management of Kansas have each invested $20 million
Ethereum Surge Coming? Analyst Eyes $16,000 Milestone Within 2 Years
Este artículo también está disponible en español. Ethereum (ETH) continues to spark bullish talk in the cryptoverse, as well known analysts see large price moves ahead. A
Arijit Sarkar12 hours agoApple MacOS malware targets crypto community and engineersThe social engineering attacks trick community members into downloading a malicious ZIP archive named “Cross-platform Bridges.zip”
Bank of Russia to Test International Crypto Payments With Companies
Bank of Russia to Test International Crypto Payments With Companies The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companie
Botswana Cryptocurrency Regulation: Government Set to Present Virtual Asset Bill to Parliament
Botswana Cryptocurrency Regulation: Government Set to Present Virtual Asset Bill to Parliament The Botswana government is set to present a “Virtual Asset Bill” to the
William Suberg15 hours ago‘This is the trigger’ — Arthur Hayes says it’s time to bet on BitcoinBitcoin faces a watershed moment thanks to an inflammatory cocktail of inflation spurred by war — and a $1-millio
Robert Rorschach: 20 Reasons Not to Vote
Robert Rorschach: 20 Reasons Not to VoteIf one votes, one participates. If one participates, one condones and endorses the process, and subsequently, what those elected ‘repre
Investor Lawsuit Argues Ripple Still Has to Answer Over Ongoing XRP Sales
Ripple’s argument that an XRP holder waited too long to file suit has no precedent, a new legal filing claims. Bradley Sostack, the plaintiff in a putative class-action lawsui
Ana Paula Pereira12 hours agoShibarium denies bridge issues, calls it FUDShytoshi Kusama, co-founder of the Shiba Inu ecosystem, blamed a massive influx of transactions and user activity for technical difficulties on Shi
Arbswap Launches the Nova Accelerator to Support Arbitrum’s Ecosystem Growth
Arbswap Launches the Nova Accelerator to Support Arbitrum’s Ecosystem Growth press release PRESS RELEASE.Arbswap, the Arbitrum-native automated market maker decentralized exchange