November 16, 2024

This Week’s NFT Sales Jump 26% Higher Than the Week Prior, Bored Ape #6,588 Sells for $1.17M

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Non-fungible token (NFT) sales jumped 26.76% higher this week, as NFT sales statistics show that $180.43 million in NFT trades were recorded this week compared to last week’s $142.33 million. While Ethereum-based NFTs captured the lion’s share of volume this week with $79.2 million, Ethereum-based NFT sales are down 23.65% during the past seven days.

NFT Sales Volume Swells 26% Higher Than Last Week

NFT sales are up this week more than 26% higher than the week prior, according to metrics collected by cryptoslam.io. 17 different blockchain networks raked in over $180 million in NFT sales after recording $142.33 million last week. The top collection this week was Uniswap V3 NFTV1 Polygon with $68.65 million in sales. The week’s top collection was followed by the Bored Ape Yacht Club (BAYC) NFT compilation raking in $7.58 million in sales this week.

Immutaswap.io, Digidaigaku, and Sorare followed the top two collections in terms of sales with $5.9 million to $7.35 million. Ethereum (ETH) recorded the most NFT sales with $79.29 million which was followed by Polygon’s $69.46 NFT sales. Ethereum and Polygon were followed by Solana, Immutable X, and Binance Smart Chain. Flow ranked six this week with $2.02 million in sales, down 54.19% lower than the week before.

During the last week, Polygon (MATIC)-based NFT sales increased by more than 620%. Solana-based NFT sales jumped 46.99% higher than last week and Arbitrum-based NFT sales increased by 142.19%. While ETH-based NFT sales dominated this week, the blockchain’s NFT sales dropped more than 23% lower this week than the week prior.

The top five sales this week included three Bored Apes, one NFTiff, and one Cryptopunk NFT. Bored Ape Yacht Club #6588 was the most expensive NFT sale this week as it sold for 769.9 ether or $1.17 million four days ago. Bored Ape Yacht Club #441 sold for 350,000 DAI six days ago and NFTiff #212 sold for 175 ETH or $271K.

Bored Ape Yacht Club (BAYC) has the most expensive floor price today with 69.95 ETH which is followed by Cryptopunks floor at 65 ETH. Castaways – The Raft is the third largest NFT floor on Sunday, September 4 at 17 ether and Pegz floor value is 14.69 ETH. Lastly, Mutant Ape Yacht Club holds the fifth most expensive floor value at 12.75 ETH.

What do you think about this week’s NFT sales increasing 26% higher than last week’s sales? Let us know what you think about this subject in the comments section below.

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