Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

2 years ago

Cumulative NFT Sales Among 18 Blockchain Networks Surpasses $36 Billion

Statistics recorded this week amusement that the aggregate fig of non-fungible token (NFT) sales, settled crossed much than a twelve antithetic blockchains, has officially surpassed $36 billion. While determination are 18 competing blockchains offering NFTs, Ethereum-based NFT income predominate by much than 75%. While Ronin commands the second-largest magnitude of NFT sales, NFTs from the crippled Axie Infinity person been the top-selling postulation for rather immoderate time, with much than $4 cardinal successful planetary income to date.

$36 Billion successful All-Time NFT Sales, Ethereum Dominates Sales by More Than 75%

The satellite of blockchain-based integer collectibles has been a unit to reckon with arsenic the NFT ecosystem has go a multi-billion-dollar industry. This week’s metrics bespeak that all-time NFT income person surpassed $36 cardinal to date.

Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

The $36 cardinal successful income recorded connected cryptoslam.io’s NFT dashboard stems from 18 antithetic blockchains similar Ethereum, Ronin, Solana, Avalanche, Wax, Polygon, and Flow to sanction a few. Ethereum’s $27 cardinal successful NFT sales, however, represents 75.02% of the full fig of income crossed each the chains.

Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

The apical blockchains successful presumption of all-time NFT income too Ethereum see Ronin ($4B), Solana ($2.2B), Flow ($1B), Polygon ($591M), Wax ($430M), Avalanche ($277M), Immutablex ($98.7M), Palm ($50.5M), and Tezos ($40.4M). All-time NFT income from the apical 9 blockchains adhd up to astir 24.61% of the non-Ethereum-based NFT sales.

The remaining 9 blockchains beneath Tezo’s presumption lone correspond 0.37% of the $36 cardinal successful all-time NFT income volume. Ethereum’s 1,300,118 NFT buyers and Ronin’s 1,742,207 NFT buyers are the lone 2 chains with much than a cardinal unsocial NFT buyers.

Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

Out of the $36 cardinal successful NFT sales, the apical NFT postulation successful presumption of all-time income is Axie Infinity, which has seen much than $4 cardinal successful sales. The second-largest postulation successful presumption of income is Cryptopunks, which has seen $2.24 cardinal successful sales.

Cryptopunks is followed by Bored Ape Yacht Club (BAYC) which has recorded $2.12 cardinal successful all-time sales. BAYC is followed by Mutant Ape Yacht Club ($1.52M), Artblocks ($1.25M), NBA Top Shot ($1M), Otherdeeds ($906K), Azuki ($756K), Clonex ($671K), and Veefriends ($538K).

Most Expensive NFTs Stem from Veefriends, BAYC, Cryptopunks, Cyberkong — Opensea Still Commands the Most Amount of Sales by an NFT Marketplace

All-time income metrics from cryptoslam.io’s dashboard bespeak that the astir costly NFT sold is Veefriends’ “Thoughtful Three Horned Harpik,” which sold for 100,000 ether oregon $316 million. The Veefriends NFT is followed by Cryptopunk 5822 which sold for 8,000 ether oregon $23.7 million.

Five of the astir costly NFTs sold retired of the apical 10 are BAYC NFTs and 2 are Cryptopunks. Other collections successful the astir costly NFT apical 10 database included Meebits 10,761 and Cyberkong VX 8252.

Out of each the NFTs sold, astir are purchased connected the NFT marketplace Opensea with the marketplace Looksrare pursuing the platform’s lead. Other notable NFT marketplaces see Magic Eden, Flow’s NBA Top Shot market, Mobox, Solanart, Wax’s Atomicmarket, Bloctobay, and Rarible.

While billions of dollars worthy of NFTs person been sold during the past fewer weeks, NFT income person been dropping significantly. Weekly NFT commercialized volumes are down and play NFT income person besides floundered during the past fewer weeks. If the crypto system is genuinely successful a carnivore marketplace rhythm it volition beryllium absorbing to spot however the NFT manufacture handles the downturn.

What bash you deliberation astir the 18 blockchains signaling $36 cardinal successful all-time NFT sales? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Jamie Redman

Jamie Redman is the News Lead astatine Bitcoin.com News and a fiscal tech writer surviving successful Florida. Redman has been an progressive subordinate of the cryptocurrency assemblage since 2011. He has a passionateness for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written much than 5,000 articles for Bitcoin.com News astir the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, cryptoslam.io,

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