NFT sales increased by 10.6% to $115 million, with Doodles Rally 500%

The NFT market continues to drive positively, with sales volumes increasing by 10.69%, with $115 million.

This is the second consecutive week of growth for the sector, according to data from Cryptoslam. Bitcoin (BTC) prices have recovered to the $103,000 level. At the same time, Ethereum (ETH) has recovered 35% over the past seven days, hovering at the $2,400 level.

Global crypto market capitalization went from $3.33 trillion last week. Despite rising sales, market participation fell sharply, with NFT buyers falling 76.8% to 126,075. NFT sellers also fell 74.42% to 72,336. NFT transactions also fell by 11.57% to 1,524,846.

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Ethereum NFT Sales Surge54%

Ethereum strengthened its position with $37.5 million sales, surged 54.17% from the previous week. Ethereum’s wash trading also rose 50.24% to $4.9 million.

Polygon (Pol) is second in line despite a 8.08% decline in sales. Mythos Chain took third place with $15.6 million.

Source: Blockchain based on NFT sales volume (Cryptoslam)

Bitcoin ranked fourth at $14 million, up 4.65% from last week. Solana (Sol) closes the top five with $7.9 million. This means sales volumes will be reduced by 5.71%.

Buyers have fallen across all major blockchains, with Bitcoin seeing its biggest drop at 86.99%. Solana tracked this at 86.51% and 76.68% on Mythos Chain.

In the collection rankings, the Polygon Courtyard is still a market leader with sales of $17.4 million. The number of sellers for the collection fell by 42.18%.

DMARKET ranked second at $10.5 million, up 4.59%. Guild of Guardian Heroes remained third at $5.6 million, showing a 15.44% increase.

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The most notable changes to the ranking include Doodles. The Doodles placed in the top five in fourth place, up 490.68% over the past seven days with sales of $5.6 million.

This collection grew on all metrics, with transactions up 769.68%, buyers up 618%, sellers up 469.57%. Surges could be due to the launch of their native token dood.

Cryptopunks ranked fifth with sales of $3.5 million. This collection has experienced an increase in transactions (18.52%), buyers (83.33%) and sellers (15.79%).

Here are some notable high value sales this week:

• Known Origin #30101 is available for sale at 410,532.5625 USDC ($410,532)
• Cryptopunks #7261 is for sale for 150 ETH ($274,119)
• Mutant Ape Yacht Club #30001 is for sale at 194,815.0469 USDC ($194,815)
• Mutant Ape Yacht Club #30003 is for sale at 194,815.0469 USDC ($194,815)
• Cryptopunks #5767 is for sale at 69 ETH ($155,383)

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