NFT sales amounted to $79.31 million, down 5.41% from $84.44 million last week.
summation
- Despite a nearly 1,000% increase in buyers this week, NFT sales fell 5.41% to $79.31 million.
- Sales of Algebra Positions NFT-V2 soared to $7.81 million, while Pudgy Penguins plummeted 37%.
- Ethereum and BNB chains led NFT blockchains as trading volumes for Bitcoin and Polygon decreased.
According to CryptoSlam data, NFT buyers increased 989.62% to 222,294 and sellers increased 714.77% to 189,963. NFT transactions decreased 20.92% to 1,097,565.
This decline in NFT sales occurred as the price of Bitcoin (BTC) fell to the $96,000 level as selling pressure continued to increase.
Ethereum (ETH) continued its recent decline by breaking the $3,200 level. The global cryptocurrency market capitalization decreased from $3.48 trillion last week to $3.26 trillion.
Algebra Positions NFT-V2 surges as Pudgy Penguins collapse.
Ethereum’s Algebra Positions NFT-V2 took first place, surging 807,352.81% with $7.81 million in sales. The collection processed 742 transactions with 199 buyers and 90 sellers.
Mythos Blockchain’s DMarket fell to second place with $6.67 million, down 3.77% from last week’s $6.88 million. The collection recorded 241,552 transactions with 16,047 buyers and 13,590 sellers.
Pudgy Penguins fell to third place with $2.79 million, down 36.87% from last week’s $4.38 million. In Ethereum Collection, 144 transactions took place with 96 buyers and 93 sellers.
Immutable-Zk’s Guild of Guardians Heroes came in fourth with $2.37 million, down 6.19% from last week’s $2.48 million. There were 2,186 transactions in the collection.
Courtyard on Polygon (POL) ranked 5th with $2.24 million, down 23.20% from last week’s $2.91 million. The collection processed 31,205 transactions.
Panini America on Panini Blockchain ranked sixth with $2.23 million, up 393.51%. The collection recorded 27,115 transactions.
CryptoPunks fell to 7th place with $1.95 million, down 40.95% from last week’s $3.3 million. The collection had just 17 transactions with 12 buyers and 15 sellers.
Ethereum rise expands due to surge in BNB chain
Ethereum maintained first place with $33.71 million in revenue, a 4.68% increase from last week’s $32.97 million.
The network recorded $2.67 million in wash trading, bringing its total to $36.37 million. The number of buyers increased by 69.86% to 21,514.
BNB Chain (BNB) came in second with $8.66 million, up 28.21% from last week’s $6.15 million. The blockchain recorded $174,526 in wash trading, bringing its total to $8.83 million. Buyers remained at 13,940, a change of 0.00%.
Bitcoin fell to third place with $8.18 million, down 15.56% from $9.15 million last week. The network saw 6,486 buyers, a change of 0.00%.
Mythos Chain ranked fourth with $6.84 million, down 3.49% from last week’s $7.1 million. Blockchain attracted 20,798 buyers.
Solana (SOL) ranked 5th with $5.5 million, up 12.27% from last week’s $5.12 million. The network recorded 15,651 buyers.
Immutable (IMX) ranked 6th with $4.19 million, down 2.98% from last week’s $4.26 million. There were 2,596 buyers on the blockchain.
Polygon ranked 7th with $3.26 million, down 28.77% from last week’s $4.5 million. Blockchain recorded $6.63 million in wash trading, bringing its total to $9.89 million. There were 35,085 buyers.
Top sales this week
Autoglyphs #141 sold 3 days ago for $199,135.19 (56 WETH), surpassing individual sales.
Two V1 Cryptopunks Wrapped #7139 NFTs followed.
- First sold 3 days ago for $196,267.55 (57 WETH)
- Second sale two days ago for $194,923.31 (57.0299 WETH)
Two CryptoPunks made the top five.
- CryptoPunks #6207 was sold 3 days ago for $152,619.45 (43.99 ETH).
- CryptoPunks #4427 was sold 4 days ago for $131,430.42 (36.9 ETH).