Non-Fungible Token Sales Spiked This Week Despite Crypto Market Volatility  – Markets and Prices Bitcoin News


In the midst of a turbulent week for the crypto market, non-fungible token (NFT) sales have shown resilience, experiencing a surge of 7.74% in weekly sales, totaling $181.82 million. Data also reveals that there has been an increase of 41% in NFT buyers over the course of the week, surpassing the number of buyers recorded in the previous week.

Despite Crypto Market Drop, NFT Sales Increase by Nearly 8%

Of the total sales this week, the Ethereum (ETH) blockchain contributed a significant portion, amounting to $124.7 million, while $22.66 million came from the Solana (SOL) blockchain. While ETH-based NFT sales experienced a slight drop of 1.75%, SOL-based NFT sales swelled by 88.19%, according to metrics. The top five chains which recorded the highest NFT sales over the last seven days include ETH, SOL, MATIC, BNB, and Immutable X.

Non-Fungible Token Sales Spiked This Week Despite Crypto Market Volatility

Bored Ape Yacht Club (BAYC) emerged as the top-performing NFT collection this week, with sales reaching $16.38 million. BAYC sales rose by 64.07% over the past seven days, leading the pack of the top eight NFT collections for the…

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