NFT sales jump 6% to $161.7 million, Pudgy Penguins sales increase 165%

NFT (non-fungible token) sales rose 5.98% to $161.7 million, according to CryptoSlam data.

summary

NFT sales reached $161.7 million, with 382,000 buyers, an increase of 126%.
Ethereum regained dominance, driving $102.7 million in NFT sales.
Pudgy Penguins soared 165% with weekly sales of $15.6 million.

What is noteworthy is that market participation is active. The number of NFT buyers increased by 126.59% to 382,846 people, and the number of sellers increased by 124.15% to 341,290 people. The number of NFT transactions also increased by 2.48% to 1,703,436.

At the same time, Bitcoin (BTC) price continues to fall and is currently at the $106,000 level. Ethereum (ETH) also fell further to $3,800.

The global cryptocurrency market capitalization shrank to $3.62 trillion from $3.78 trillion last week. However, the NFT sector is showing signs of recovery with an increase in market participants.

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45.com leads, followed by Pudgy Penguins

The 45.com collection on Ethereum took the top spot with $31.28 million in sales from 9,607 transactions. This collection had 4,980 buyers and only 5 sellers, resulting in flat growth of 0.00%.

Pudgy Penguins secured second place with sales of $15.61 million, an increase of 165.38% from last week’s $6.63 million.

NFT sales jump 6% to $161.7 million, Pudgy Penguins sales increase 165% - 2

Source: Top collection by NFT sales volume (CryptoSlam)

Ethereum Collection had 252 buyers and 220 sellers participating, and 528 transactions were processed. LilPudgys also did well, rising 27.24% to #7 with $4.6 million.

DX Terminal on Base fell to third place with $9.99 million, down 23.84% from last week’s $13.03 million. This collection recorded 553,255 transactions from 106,605 buyers and 105,740 sellers.

DMarket remained in fourth place with $8.07 million, up 4.78% from last week’s $7.72 million. Mythos-based collections saw 215,010 transactions.

Bored Ape Yacht Club moved into fifth place with $5.47 million, up 2.78% from last week’s $5.3 million. This collection had 127 transactions with 73 buyers and 76 sellers.

Moonbirds came in 6th place with $5.32 million, down 20.23% from last week’s $7.01 million. Ethereum Collection processed 481 transactions.

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Ethereum regains dominance

Ethereum returned to the top spot among blockchains with sales of $102.67 million, an increase of 23.45% from last week’s $86.46 million. The network recorded $12.54 million in wash trades, bringing the total amount to $115.21 million. The number of buyers rapidly increased by 71.47% to 33,535 people.

Bass fell to second place with $13.2 million, down 13.73% from $15.56 million in the previous week. Blockchain recorded $5.03 million in wash transactions with 226,471 buyers, an increase of 138.32%.

Bitcoin fell to third place with $10.11 million, down 27.76% from last week’s $14.04 million. The network had 8,388 buyers, an increase of 163.11%.

Source: Blockchain by NFT sales volume (CryptoSlam)

Mythos Chain remained in 4th place with $8.23 million, up 5.10% from last week’s $12.86 million. Blockchain attracted 23,647 buyers, an increase of 147.15%.

BNB Chain (BNB) came in fifth place with a decline of 6.75% to $6.51 million. Blockchain buyers were 21,523, an increase of 234.68%.

Solana (SOL) secured 6th place with $5.4 million, down 24.56% from last week’s $7.58 million. The network recorded an increase of 129.10% to 21,884 buyers.

Bored Ape Yacht Club #1878 led the private sale for $1.65 million (400 ETH) and was sold 6 days ago.

Four CryptoPunks round out the top five.