The NFT market recorded $58.34 million in gross sales quantity over the previous week, falling 20.34% from the earlier interval.
Abstract
- NFT gross sales hit $58.34M, down 20%, regardless of patrons and sellers each rising over 20%.
- Ethereum led with $34.9M in gross sales, whereas Bitcoin NFT quantity fell 33% week-over-week.
- CryptoPunks rebounded sharply, surging 147% and dominating high-value NFT gross sales.
NFT patrons climbed 21.97% to 296,018, whereas sellers jumped 24.63% to 270,495. Transaction quantity decreased 4.33% to 660,674.
The general crypto market has taken a notable hit as Bitcoin (BTC) has dropped to the $70,000 stage, whereas Ethereum (ETH) hovers round $2,000.
The worldwide crypto market cap now stands at $2.41 trillion, down from final week’s $2.83 trillion. This market downturn continues to strain the NFT sector, with weekly gross sales quantity falling for the second consecutive week.
Ethereum leads with $34.9 million regardless of decline
Ethereum continued to dominate all blockchains with $34.97 million in NFT gross sales, dropping 23.63% over the seven-day interval.
The community drew 33,663 patrons, up 20.44% from the prior week. Wash buying and selling on Ethereum totaled $2.91 million throughout this timeframe.
Bitcoin secured second place amongst blockchains with $4.66 million in gross sales, falling 32.81% week-over-week. The community attracted 12,770 patrons, up 17.10% regardless of the gross sales decline.
Base claimed third place at $4.14 million in gross sales, climbing 8.46% and drawing 83,552 patrons who rose 6.09%.
BNB Chain (BNB) ranked fourth with $3.93 million in gross sales, declining 20.62% whereas seeing 39,715 patrons who elevated by 21.37%.
Solana (SOL) rounded out the highest 5 with $2.61 million in gross sales, posting a modest 1.14% achieve and drawing 80,610 patrons who surged 56.69% from final week.
Immutable (IMX) dropped to sixth place at $2.34 million, down 29.10%.
Flying Tulip PUT retains lead, CryptoPunks surge
Flying Tulip PUT on Ethereum maintained its dominance within the assortment rankings with $11.41 million in gross sales, plummeting 49.06% from final week’s efficiency. The gathering processed 530 transactions from 259 patrons.
CryptoPunks on Ethereum claimed second place with $4.71 million in gross sales, surging 146.56% over the week after final week’s 52.35% decline.
The blue-chip assortment accomplished 69 transactions from 44 patrons, with each metrics greater than doubling week-over-week.
A Base assortment took third place with $2.11 million in gross sales, climbing 15.82%. Pudgy Penguins posted $2.09 million in gross sales, down 6.96%, whereas Bored Ape Yacht Membership recorded $1.90 million with a 59.79% surge.
TokenVestingPlans on Ethereum landed in sixth with $1.65 million, climbing 67.85%, whereas Guild of Guardians Heroes rounded out the highest seven with $1.50 million, down 22.82%.
CryptoPunks dominate high-value NFT gross sales
CryptoPunks dominated the week’s highest-value gross sales, claiming three of the highest 5 spots.
- CryptoPunks #5402 led with $265,585 (113.5 ETH) 4 days in the past.
- CryptoPunks #9170 at $139,761 (72 ETH) simply 14 hours in the past.
- Wrapped Ether Rock #98 bought for $109,128 (109,127.7422 USDC) seven days in the past.
- Autoglyphs #256 fetched $105,512 (50 ETH) two days in the past.
- CryptoPunks #1112 rounded out the highest 5 at $92,850 (48.48 ETH) sooner or later in the past.
