The NFT market has experienced strong gatherings, with sales volumes increasing by 37.10% to $144.8 million.
According to Cryptoslam data, this represents the sector’s largest weekly profit in recent months.
The spikes coincides with recent Bitcoin (BTC) climbing to $105,000. Ethereum (ETH) also rose just 2.5% over the past seven days. Last week, the global cryptocurrency market capitalization total rose from $3.28 trillion to $3.29 trillion.
NFT buyers have increased by 50.56% to 1,061,348, while NFT sellers have increased by 8.09% to 38,494, with a significant surge in market participation. NFT transactions also increased by 7.88% to 1,749,437.
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The unchanging abdication in sales Ethereum
Interestingly, Immutable (IMX) has surpassed Ethereum to charge for the top position with sales of $401.7 million. This has skyrocketed by 156.01% from the previous week. This is one of the first time Ethereum has lost its major position in a few months.
Source: Blockchain based on NFT sales volume (Cryptoslam)
With sales of $31.5 million, Ethereum has dropped to its second position, but still shows strong growth of 6.69%. At $1.9 million, Ethereum’s wash trading fell 2.91%.
Bitcoin at $19.4 million is still third after a 22.55% rise. Polygons (POL) has increased by 32.91% and is now fourth at $18.5 million. The $14.1 million Mythos chain completes the top five.
The BNB (BNB) chain joined the top rankings at 6th place at $8.4 million, jumping to 47.59%. Solana (Sol) ranked 7th at $7.3 million, up 5.30%.
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Buyers are growing across all major blockchains, with polygon growing at 35.63%, followed by Bitcoin with 27.41% and Solana with 23.22%.
Guild of Guardians Heroes took the top spot in the collection rankings with sales of $24.7 million. It has more than doubled with a growth of 132.53%. This game collection benefits directly from the ever-changing surge.
Polygon courtyard ranked second at $17.2 million, with a high growth rate of 36.33%. The Guild of Guardian Avatar holds its third position at $10.3 million, doubling its growth of 108.61%.
DMARKET remains in fourth place at $8.9 million with a minimal growth rate of 0.15%. Bitcoin’s uncategorized ordinance entered the top five at $7.6 million, with a surge of 1,556.66%.
Cryptopunks has completely disappeared from the top collection rankings. This is a marked drop from the previous sixth place position.
Here are some notable high value sales this week:
- Cryptopunks #1831 is for sale for 150 ETH ($389,846)
- Cryptopunks #9778 is for sale for 150 ETH ($377,958)
- Cryptopunks #4868 is for sale for 76.5 ETH ($201,933)
- Cryptopunks #5586 is for sale at 70.07 ETH ($185,292)
- Cryptopunks #7516 is for sale for 60 ETH ($158,378)
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