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NFT sales drop 6% to $84.6m, Solana retains top ranking

November 2, 2024Updated:November 3, 2024No Comments3 Mins Read
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NFT sales drop 6% to .6m, Solana retains top ranking
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Amidst the latest crypto market value drop, the non-fungible token (NFT) gross sales quantity has dropped by 6% to $84.6 million.

Though the crypto market confirmed delicate indicators of a optimistic trajectory not too long ago, all of the good points appear to have erased now.

Based on CoinMarketCap knowledge, the worldwide crypto market cap has dropped by 1.39% at press time to $2.31 trillion.

The final week, the NFT gross sales quantity stood at $89.1 million. Nonetheless, in response to latest knowledge from CryptoSlam, the NFT gross sales quantity has slumped by 6%.

  • NFT gross sales quantity descended to $84.6 million.
  • Ethereum (ETH) blockchain nonetheless holds its first place with $28.3 million in gross sales.
  • Solana (SOL) retains its second rating for 2 weeks straight.
  • The variety of NFT consumers shot up by 21%.
  • NFT sellers additionally went up by 30% from final week’s 385,184.

Ethereum NFT gross sales drop by over 6.6%

The Ethereum NFT blockchain NFT gross sales quantity stood at $31.1 million final week. Nonetheless, the newest knowledge exhibits that the gross sales have gone beneath the $30 million degree to hit $28.3 million.

Comparatively, this week has been on the decrease aspect, with a 6.6% drop within the final seven days. Apparently, the variety of NFT consumers on the Ethereum blockchain elevated by 17.4% to 56,021.

Supply: Blockchains by NFT Gross sales Quantity (CryptoSlam)

In terms of the second-ranking, Solana has retained the place for 2 weeks straight, despite the fact that it was 11.3% down within the final seven days.

Based on the info, Solana blockchain’s NFT quantity stood at $16.1 million. The variety of NFT consumers has additionally seen an honest 27.7% and rose to 385,272.

Bitcoin (BTC) has exhibited the smallest gross sales drop, with a 2.78% loss and standing at $14.12 million.

Mythos Chain (MYTH) stood in fourth place at $10.9 million, with a 6.65% drop over the last seven days.

The fifth place was earned by Immutable (IMX), which confirmed a modest 6.2% in NFT gross sales quantity. Ethereum accounted for almost all of wash buying and selling at $3.66 million.

DMarket stays unhinged at first-ranking

The gross sales quantity of DMarket stood at $5.744 million, with a 11.62% drop throughout this timeframe.

Guild of Guardians Heroes 2 bagged the second place with $3.28 million in gross sales.

NFT sales drop 6% to $84.6m, Solana retains ranking for second-straight week - 2
High NFT gross sales: Knowledge from CryptoSlam

The most recent knowledge exhibits that the next NFT collections topped the gross sales within the final week:

  • Wrapped Ether Rock #91 bought for 120,000 USDC.
  • Wrapped Ether Rock #59 bought for 119,000 USDC.
  • CryptoPunks #705 bought for 30.5 ETH.
  • Sorare #23580937173…. bought for 21.888 ETH.
  • ART BLOCK #9 bought for 0.7839 BTC.

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