Sunday, September 24, 2023

A 6.59% Surge in NFT Sales: Weekly Growth Analysis, Ethereum’s Leadership, and Groundbreaking Collections

Over the last week, there has been a minor increase in the non-fungible token (NFT) market, with the total sales reaching $106.87 million, up by 6.59% compared to the week before. NFTs on the Ethereum blockchain made a noteworthy impact, making up 56.35% of the total sales, or around $60.23 million, a slight increase of 0.98% from the previous week.

A Week in Review: From Ethereum to Draftkings’ NFT Market Analysis

The previous seven days saw a minor surge in NFT sales, growing 6.59% above the week earlier, with an overall value of $106.87 million, as per data from Leading the market were Ethereum-based NFTs, securing $60.23 million, while NFTs on the Polygon network claimed second place, garnering $13 million—an impressive jump of 92.07% over the prior week.

Solana’s NFT sales claimed slightly more than $9 million, reflecting a 30.54% increase from the week before. Following Solana were Mythos, Immutable X, BNB Chain, and Bitcoin. Bitcoin’s NFT sales occupied the seventh spot for the week, obtaining $2.7 million, though they witnessed a 24.90% drop compared to the previous week. Tezos also marked a significant increase, leaping 50.44% higher, but only added a nominal $376,024 to the week’s NFT transactions.

The top-selling NFT collection of the week was awarded to Draftkings, issued on Polygon, with an astonishing $7,891,650 in sales. Close behind were Dmarket ($6.17M), Degods ($5.03M), Gods Unchained ($4.85M), and Bored Ape Yacht Club ($4.46M). Draftkings’ collection saw an extraordinary 359.51% growth since the prior week, while sales for Degods surged by 113.88%. Other collections that saw significant gains were Tensorian Shards ($1.89M) and Y00ts ($1.25M).

The best-selling NFT over the past week was Clonex NFT #9,418, which commanded $360K just a day prior. Cryptopunk #4,757 took the second position, trading at $326K approximately four days earlier, and the third place was claimed by Autoglyphs #203, which sold for $304K. Intriguingly, each of the top five NFTs sold over the week was Ethereum-based, with the top 30 NFTs sold all originating from the Ethereum blockchain.

What are your perspectives on this week’s NFT sales trends? We invite you to share your insights and viewpoints on this topic in the comments section below.

Frequently Asked Questions (FAQs) about fokus keyword: NFT sales

What was the total NFT sales figure for the past week, and which blockchain led the market?

The total NFT sales over the past week reached $106.87 million, marking a 6.59% increase from the previous week. Ethereum-based NFTs led the market, accounting for 56.35% of the total weekly sales, or roughly $60.23 million.

Who were the top sellers in the NFT collections, and what was the most notable increase?

The top-selling NFT collection of the week was Draftkings issued on Polygon, with sales of $7,891,650. Other notable sellers included Dmarket, Degods, Gods Unchained, and Bored Ape Yacht Club. The most remarkable increase was seen in Draftkings’ collection, experiencing a 359.51% rise since the previous week.

What were the trends in NFT sales among different blockchains?

Ethereum led the market with $60.23 million in sales. Polygon-based NFTs took second place, with $13 million, marking a 92.07% increase. Solana’s NFT sales rose by 30.54%, while Bitcoin-based NFT sales dipped by 24.90%. Tezos made a notable stride, jumping 50.44% higher, contributing $376,024 to the week’s sales.

What were the top-selling individual NFTs of the week?

The past week’s top-selling NFT was Clonex NFT #9,418, selling for $360K. Cryptopunk #4,757 claimed the second spot at $326K, and Autoglyphs #203 took the third position, selling for $304K. All of the week’s top five selling NFTs were Ethereum-based.

How did Polygon-based NFTs perform compared to the previous week?

Polygon-based NFTs took second place in weekly sales, commanding $13 million—an impressive increase of 92.07% over the previous week.

More about fokus keyword: NFT sales


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SaraInTech August 13, 2023 - 7:38 am

i think the rise in Solana’s NFT sales is really something. 30.54% is not small. Very promising, will be watching closely.

Katie_lovesCrypto August 13, 2023 - 12:09 pm

This is amazing news, especially for Draftkings! The market seems so lively and dynamic; this report is super useful. Thanks for sharing.

JamesT92 August 13, 2023 - 4:06 pm

I cant believe how fast the NFT market is growin! Ethereum’s dominance doesn’t surprise me though, it’s been a strong player from the start.

cryptoFanatic3000 August 13, 2023 - 10:40 pm

Polygon’s growth at 92.07% is something to keep an eye on! What a week for the NFT world! any one know where I can find more about Draftkings collections?

JohnDoe42 August 14, 2023 - 3:41 am

Bitcoin NFTs dipped by 24.90%? That’s concerning but not surprising with all the changes happening. Great report though, very informative!


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