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The global non-fungible token market is gradually recovering, with trading sales volume across major blockchain networks seeing a remarkable rebound. The Polygon and Solana blockchain networks are leading the market revival journey with an impressive 44% and 17% increase. In this article, we shall look in depth at the full state of the NFT market this week.
NFT Sales Surge 9.30% This Week
Data fetched by CryptoSlam.io, a renowned non-fungible token collection explorer backed by the crypto billionaire investor Mark Cuban, shows that the non-fungible token market continues embarking on its market revival journey and has recorded another positive gain this week. In the past seven days, the global NFT market has attracted a trading sales volume of $98 million, up 9.30% from the past week.
During this period, the number of crypto investors buying non-fungible token collections has considerably increased. In the past seven days, the global NFT market has seen nearly 600,000 traders purchasing digital items, representing a 31% surge from the past week. The global NFT market has seen over 1.7 million transactions, down 0.14% from the past week.
Ethereum, the same blockchain network powering Ethereum (ETH) and renowned in the NFT market for hosting the majority of blue-chip non-fungible token collections, has been this week’s most traded blockchain network in the NFT market. In the past seven days, the Ethereum-based NFT collections have amassed a trading sales volume of $33 million, up 2.63% from the past week.
Solana, a public, open-source blockchain that supports smart contracts, including non-fungible tokens and various decentralized applications, has been this week’s second most-traded NFT blockchain network. In the past seven days, the Solana-based NFT collections have attracted a trading sales volume of $20 million. Solana NFT sales have surged 17% from the past week.
Bitcoin, the blockchain network hosting the Bitcoin (BTC) and renowned in the global NFT market for powering Ordinals Runes and BRC-20 non-fungible token collections, is this week’s third most-traded blockchain network in the NFT ecosystem. In the past seven days, the Bitcoin-based NFT collections have recorded a sales volume of $14 million. Bitcoin NFT sales volume has surged by 10.39% this week from the past week.
Polygon, a “layer two” or “sidechain” scaling solution blockchain network that runs alongside the Ethereum blockchain, has been this week’s fourth most-traded blockchain network in the NFT ecosystem. In the past seven days, the Polygon-based non-fungible token collections have amassed a trading sales volume of $11 million. Polygon-based NFT sales have surged by 44% this week from the past week.
Mythos Chain, another layer two blockchain network leveraging the Ethereum Virtual Machine (EVM) for its compatibility, has been this week’s five most-traded blockchain network, outpacing giant chains like Immutable and BNB Chain. In the past seven days, the Mythos-based NFT collections have recorded a trading sales volume of $3.9 million. Mythos-based NFT sales have flipped by 21% from the past week.
Top Selling NFTs This Week
1. CryptoPunks NFT Collection
CryptoPunks, a non-fungible token collection featuring a limited of 10,000 Ethereum NFTs previously created by Larva Labs and currently managed by the digital asset firm Yuga Labs, is this week’s NFT market leader. In the past seven days, the CryptoPunks NFT collection has raised a trading sales volume of $5.4 million. The Punks NFT sales volume has plunged by 23% this week from the past week.
2. DMarket NFT Collection
DMarket, a non-fungible token collection from the virtual asset market platform DMarket hosted on the Mythos Chain network, is again this week’s second most-selling NFT collection. In the past seven days, the DMarket NFT collection has recorded a trading sales volume of $3.8 million. However, the DMarket NFT trading sales volume has plunged by 22% from the past week.
3. Solana Monkey Business NFT Collection
Solana Monkey Business, a non-fungible token collection featuring a fixed set of 5,000 unique 24×24 pixilated monkeys randomly generated and stored on the Solana blockchain network, is this week’s third most-selling NFT collection. In the past seven days, the Solana Monkey Business NFT collection has raised a trading sales volume of $3.7 million. During this period, the Solana Monkey Business sales volume has surged by 63% from the past week.
4. Guild Of Guardians NFT Collection
Guild of Guardians, a non-fungible token collection from Guild of Guardians, a renowned role-playing mobile game that allows players to compete with a team of heroes through challenging dungeons to collect resources, has been this week’s fourth most-selling NFT collection. In the past seven days, the Guild of Guardians NFT collection has garnered a trading sales volume of $3.5 million. The Guild of Guardians NFT trading sales volume has surged by 14% this week from the past week.
5. Bored Ape Yacht Club NFT Collection
Bored Ape Yacht Club, an all-time top-selling NFT collection from the digital asset incubation studio Yuga Labs that features a fixed set of 10,000 NFTs hosted on the Ethereum blockchain network, has been this week’s fifth most-selling NFT collection. In the past seven days, the Bored Ape Yacht Club NFT collection has amassed a trading sales volume of $2.9 million. During this time, Bored Ape NFT trading sales volume has surged by 12 % from the past week.
6. Sorare NFT Collection
Sorare, a non-fungible token collection from Sorare, the fantasy sport crypto-based video game that operates on the Ethereum network, is this week’s sixth most-selling NFT collection. The fantasy NFT game is renowned for offering games from more than 300 football clubs and over 40 football leagues from around the world. In the past seven days, the Sorare NFT collection has recorded a trading sales volume of $2.6 million. Sorare NFT trading sales volume has plunged by 5.63% from the past week.
7. DogeZuki NFT Collection
DogeZuki, a recently launched non-fungible token collection featuring a fixed supply of 2,800 Shiba Inu dogs-inspired NFTs hosted on the Solana blockchain network, is this week’s seventh most-selling NFT collection. In the past seven days, the DogeZuki NFT collection has raised a trading sales volume of $2.5 million. During this period, the trading sales volume for the DogeZuki NFT collection has surged by 14.85% from the past week.
8. NodeMonkes NFT Collection
NodeMonkes, a non-fungible token collection featuring a limited edition of 10,000 NFTs created on the Bitcoin blockchain network using Satoshi Nakamoto’s ordinal protocol, has been this week’s eighth most-selling NFT collection. In the past seven days, the NodeMonkes NFT collection has raised a trading sales volume of $2.3 million. NodeMonkes NFT sales volume has surged by 70.44% from the past week.
9. Pudgy Penguins NFT Collection
Pudgy Penguins, a non-fungible token collection from the digital asset firm Igloo Inc. featuring a limited edition of 8,888 NFTs hosted on the Ethereum blockchain network, is this week’s ninth most-selling NFT collection. In the past seven days, the Pudgy Penguins NFT collection has amassed a trading sales volume of $2 million. During this period, the Pudgy Penguins NFT sales volume has surged by 16.53% from the past week.
10. MKgirl NFT Collection
MKgirl, a non-fungible token collection featuring a limited supply of 2,000 NFTs hosted on the Polygon blockchain network, is this week’s tenth most-selling NFT collection. In the past seven days, the MKgirl NFT collection has recorded a trading sales volume of $1.8 million, closing our ten top-selling NFT list. During this time, the MKgirl NFT collection has surged over 100% from the past week.
Top NFT Collectible Sales Made This Week
The Autoglyphs #366 has been the most costly NFT series sold this week, selling for $255,350 twenty hours ago. gUSDC Locked Deposit #249 has been the second most expensive NFT sold this week, selling for $184,956 four days ago. Ordinal Maxi Biz has been the third most-costly NFT collection sold this week, selling for $81,499 two days ago. Lastly, Paraluni Perpetual Bond is the fourth most costly NFT, selling for $69,035 two days ago.
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