The NFT market just recorded its strongest weekly performance in months, with sales volumes rising 41% to $221.5 million amid a wider crypto shakeup.
Ethereum (Eth) leads in fees, with blue chip collections like Cryptopunks (nearly 590%) with regenerated domination. Transaction counts fell slightly, but the number of buyers and sellers has skyrocketed, showing renewed interest across blockchains such as Solana (SOL), Binance Coin (BNB), and Bitcoin (BTC).
summary
- Cryptopunks has regained its status as a dominant NFT collection with 590% surges
- The NFT market recorded its biggest weekly acquisition in months, increasing its 40% growth to a total sales volume of $221.5 million.
- The top 5 individual NFT sales are all crypto plants, reaching the highest 250 ETH ($906,371)
Solana jumps to third place
Ethereum has experienced 4.5% spikes in the last seven days, reaching $3,700. The global cryptocurrency market capitalization is currently at $3.87 trillion, which remains unchanged since last week.
According to Cryptoslam data, NFT buyers rose 163.29% to 466,370, while NFT sellers rose 158.30% to 291,510. However, NFT transactions fell 4.05% to 1,531,437.
The BNB chain held $10.1 million in fifth place, up 40.10%. Mythos Chain ranked sixth in the 6th place, $7.5 million, down 33.07%. Immutable (IMX) will close the top seven at $6.7 million, up 2.22%.
Buyers are growing on most blockchains, with polygon leading with growth of 359.06%, followed by 126.35% and Bitcoin at 54.43%.
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Cryptopunks Sales Jump 590%
Cryptopunks took the top spot in the collection rankings with sales of $33.7 million, up 589.56%. Polygon courtyard fell to second place at $9.6 million, down 32.24%.
This collection saw a significant decline in buyers (85.10%) and sellers (97.45%).
Pudgy Penguins ranked third at $8.8 million, down 3.86%. F(x)WSTET’s position was fourth in the fourth place, an increase of 41.52%.
The boring APE Yacht Club has made its top five with $5.5 million, with a surge of 55.32%. This shows the notable return of another blue chip collection.
Here are some notable high value sales this week:
- Cryptopunks #4668 is for sale for 250 ETH ($906,371)
- Cryptopunks #7674 is for sale at 199.99 ETH ($744,063)
- Cryptopunks #1484 is for sale at 148.5 ETH ($538,384)
- Cryptopunks #1946 is for sale for 145 ETH ($525,695)
- Cryptopunks #8968 is for sale for 135 ETH ($489,440)
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