by Jamie Redman
Non-fungible token (NFT) sales increased a great deal during the last seven days as NFT sales jumped 56.73% higher than sales recorded the week prior. Over the last seven days, out of 889,499 NFT transactions, NFT sales volume reached a total of $170.48 million this past week.
NFT sales have risen during the last seven days as sales volume increased by more than 56% tapping $170.48 million this week. Sales stemmed from 18 different blockchain projects and Ethereum (ETH) captured $139.31 million of the aggregate. ETH-based NFT sales have increased by 95% week-over-week.
While ETH-based NFT sales jumped by 95%, the second largest amount of sales stemmed from Panini-based NFT sales which increased by 74.27%. Ethereum and Panini were followed by Immutable X and Solana, respectively, in terms of week-over-week percentage increases. Polygon-based NFT sales dropped by 80.66%, however, and Cardano-based NFT sales slipped by 44.11%.
The top NFT collection this week, in terms of seven-day sales, was Art Gobblers as the collection accrued $51.78 million in total sales. Art Gobblers was followed by Bored Ape Yacht Club’s (BAYC) $9.45 million and the Keepers collection’s $8.57 million. While Art Gobblers was a stand-out collection this week in terms of sales, the collection Art Blocks jumped by more than 73% this week.
The most expensive NFT was sold four days ago as BAYC #5,979 sold for $339.75K. BAYC #2,764 came in second as it sold for $297.75K six days ago. Cryptopunk #6,869 sold less than 22 hours ago for $179K and BAYC #9,270 sold for $149.47K. Lastly, the fifth most expensive NFT sold this week, according to cryptoslam.io statistics, was BAYC #2,957 when it sold for $145.74K five days ago.
What do you think about weekly NFT sales jumping more than 56% higher this week? Let us know what you think about this subject in the comments section below.
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.
Image Credits: Shutterstock, Pixabay, Wiki Commons, editorial photo credit: cryptoslam.io
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
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