This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume

1 year ago

This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume

On Monday, Dec. 5, 2022, marketplace information shows that non-fungible token (NFT) income dropped 5.23% little than past week’s income contempt a 15.16% summation successful NFT buyers. Out of the $112.70 cardinal successful NFT income measurement implicit the past week, Ethereum-based NFTs accounted for $86.59 cardinal oregon 76.8% of the $112 cardinal successful income volume.

Seven-Day NFT Sales Dropped 5.23% Lower Than Last Week, Cryptopunk #4,181 Sells for $187K successful This Week’s Top NFT Sale

Roughly $112.70 million successful NFT income measurement was recorded during the past 7 days, according to cryptoslam.io stats. The measurement is 5.23% little than past week’s income measurement and metrics amusement determination was a 2.4% summation successful NFT transactions.

This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the VolumeNFT income during the past 7 days according to Cryptoslam.io.

Most of the income measurement stemmed from Ethereum-based NFTs arsenic determination was $86.59 cardinal successful ETH-based NFT income during the past 7 days. However, ETH-based NFT income are 10.06% little than the NFT income stemming from the Ethereum blockchain.

This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the VolumeThe apical 5 blockchains by income measurement during the past week.

Solana NFT income saw a 29.57% summation and recorded $16.11 cardinal successful NFT income implicit the past week. Algorand saw a overmuch steeper summation astatine 55.15% higher than past week’s ALGO-based NFT sales, but ALGO NFTs lone saw $93,242 successful full income during the past week.

Arbitrum besides saw an summation this week jumping 50.10% higher than the network’s NFT income recorded past week. Arbitrum NFT sales, however, lone relationship for $269,453 of the full $112.70 cardinal successful NFT sales.

The fourth-largest blockchain, successful presumption of play NFT sales, was Cardano with $1,680,901 successful NFT sales. Cardano NFT income accrued 8.89% higher than the blockchain’s NFT income measurement past week.

This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the VolumeThis week’s astir costly NFT collectible income arsenic of Dec. 5, 2022, according to cryptoslam.io stats.

Immutable X captured the third-largest fig of income with $4,128,023, but income slipped 2.73% little than the week before. Over the past 7 days, the NFT postulation with the highest fig of income was Otherdeed arsenic it captured $8,632,529 successful income crossed 3,990 transactions.

Otherdeed was followed by Bored Ape Yacht Club (BAYC) income which saw $6,448,670, and Mutant Ape Yacht Club which recorded $5,872,336 successful seven-day sales. The collections Clonex, Light Years Mint Pass, Sorare, Y00t, Gods Unchained, Cryptopunks, and Azuki followed respectively successful presumption of seven-day sales.

The astir costly NFT sold during the past week was Cryptopunk #4,181, an ETH-based NFT that sold for $187K 2 days ago. Cryptopunk #4,181 was followed by BAYC #276 which sold for $179K and Azuki #9,143 that sold for $174K. At the clip of writing, betwixt the Cryptopunks postulation and the BAYC compilation, BAYC has the astir costly floor terms value connected Dec. 5, 2022.

What bash you deliberation astir the past 7 days of NFT income action? 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 6,000 articles for Bitcoin.com News astir the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, editorial photograph credit: cryptoslam.io data, BAYC, Cryptopunks, Azuki

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