NFT sales increased by 18.43% this week

NFT sales increased by 18.43% this week, recording $272.68 million across more than 20 blockchain projects issuing NFTs. Ethereum led the market, accounting for 85.76% of total sales at $233.85 million, up 25.42% from last week.

NFT sales and number of buyers over the past 7 days. Source: cryptoslam.io

Solana ranks second in terms of NFT sales, recording $20,415,068 in the past week. However, this figure decreased by 25.95% from the previous week. Following Ethereum and Solana are Immutable X, Polygon and Cardano. Immutable X had $6,222,375 in sales last week, Polygon $3,469,913 and Cardano $3,132,714.

The 5 most expensive NFTs sold in the past week. Source: cryptoslam.io

The best-selling NFT collection last week was Otherdeed with $18,260,273 in sales. Bored Ape Yacht Club (BAYC) followed with $16,520,662. Other collections in the top 5 include Mutant Ape Yacht Club (MAYC), Checks VV Edition, Doodles and Sewer Pass. Among the five series, BAYC saw the strongest sales growth, up 31.35% from the previous week.

The most expensive NFT sold last week was Cryptopunk #5066, which sold for $1.4 million five days ago. It is followed by BAYC #7090, which sold for $1.3 million four days ago. Cryptopunk #2886 sold for $454,744 a day ago, Otherdeed #54421 sold for $327,796 and Otherdeed #67782 sold for $282,219 this week.

According to statistics from nftpricefloor.com, the current reserve price of BAYC NFT is the highest at 70.97 ETH, followed by Cryptopunk with a reserve price of 63.29 ETH on February 11, 2023.

  • NFT volume up 38% in January, DeFi TVL up nearly 27%
  • BitMEX Confirms Minting of 13,000 NFTs on the Bitcoin Blockchain

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