The non-fungible token market has finally returned to its initial positive trend after more than two months of decline. The global NFT market began to plummet in early March after the initial market hype that fueled its revival died down. The NFT market surged 1.75% this week.
NFT sales have increased 1.75% over the past seven days.
The non-fungible token market has finally broken resistance levels and recorded some positive growth this week, according to data collected by cryptoslam.io, an on-chain cryptocurrency market data aggregator and multi-chain non-fungible token explorer. Over the past seven days, the NFT market has recorded a trading volume of $128 million, a 1.75% surge over the previous week. During this period, the number of cryptocurrency investors purchasing NFTs surged 27% to 1.15 million.
Ethereum was the most traded blockchain network in the NFT ecosystem this week. Over the past seven days, the Ethereum-based collection of non-fungible tokens has recorded $37 million in transaction sales, a 7.03% surge over the previous week.
Bitcoin was the second most traded blockchain network in the NFT market this week. Over the past seven days, the Bitcoin-based non-fungible token collection has recorded a trading volume of $31 million. Nevertheless, Bitcoin NFT sales plummeted 9.12% from last week.
Solana and Polygon were the third and fourth most traded NFT blockchain networks this week. In the past seven days, the Solana-based NFT collection recorded $19 million in transaction sales, while the polygon-based NFT collection recorded $16 million in transaction volume. Solana and Polygon NFT sales surged 3.83% and 6.68%, respectively.
The 5 best-selling NFTs this week
1. Guild of Guardians NFT Collection
Guild of Guardians, a collection of non-fungible tokens from the mobile NFT RPG Guild of Guardians, was the best-selling NFT collection of the week. Over the past seven days, the Guild of Guardians NFT collection has recorded $6.9 million in transaction sales. Guild of Guardians NFT sales surged 22% from last week.
2. Moon Girl NFT Collection
Moon Girl, a collection of non-fungible tokens created on Polygon, an Ethereum scaling solutions network offering a limited edition of 10,000 NFT collections, was the second best-selling NFT collection of the week. Over the past seven days, Moon Girl has recorded a trading volume of $4.9 million. Moon Girl NFT sales surged more than 1000% this week.
3. Boring Monkey Yacht Club NFT Collection
Bored Ape Yacht Club, the highest-selling NFT collection of all time from digital asset company Yuga Labs featuring a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network, was the third best-selling NFT collection of the week. Over the past seven days, Bored Ape Yacht Club has recorded $4.9 million in transaction sales. Bored Ape NFT trading volume surged 85% this week compared to last week.
4. DMarket NFT Collection
DMarket, a collection of non-fungible tokens from virtual asset marketplace platform DMarket hosted on Mythos Chain, was the fourth best-selling NFT collection of the week. Over the past seven days, the DMarket NFT collection has recorded $4.8 million in transaction sales. D Market NFT sales plummeted 9.4% compared to last week.
5. Bitcoin Doll NFT Collection
Bitcoin Puppets, a collection of non-fungible tokens created on the Bitcoin blockchain network using the Ordinal protocol, ranked fifth among the best-selling NFT collections this week. Over the past seven days, Bitcoin Puppet has recorded $4.1 million in transaction sales, rounding out the top five best-selling NFT collections of the week.
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