NFT Sales Jump 6.59%: A Week of Growth, Dominance of Ethereum, and Record-Breaking Collections

In the past seven days, the non-fungible token (NFT) market has seen a slight rise, recording sales of $106.87 million — an increase of 6.59% from the previous week. Ethereum-based NFTs made a significant contribution, accounting for 56.35% of the total weekly sales, or roughly $60.23 million, a modest 0.98% climb from the week before.

From Ethereum to Draftkings: Unpacking a Week of NFT Sales

The past week marked a small uptick in NFT sales, rising 6.59% higher than the preceding week, with the total reaching $106.87 million according to metrics provided by cryptoslam.io. Ethereum-based NFTs led the market, capturing $60.23 million, while Polygon-based NFTs took second place in weekly sales, commanding $13 million — an increase of 92.07% over the previous week.

Solana’s NFT sales seized just over $9 million, a 30.54% rise from the previous week. Following Solana, Mythos, Immutable X, BNB Chain, and Bitcoin rounded out the list. Bitcoin-based NFT sales settled in the seventh position for the week, capturing $2.7 million. However, the seven-day sales from BTC dipped 24.90% lower than the previous week. Tezos made a notable stride, jumping 50.44% higher, yet only contributed a mere $376,024 to the week’s NFT sales.

This week’s crown for the top-selling NFT collection went to Draftkings issued on Polygon, with a staggering $7,891,650 in sales. Trailing behind were Dmarket ($6.17M), Degods ($5.03M), Gods Unchained ($4.85M), and Bored Ape Yacht Club ($4.46M). The Draftkings collection experienced a remarkable 359.51% rise since last week, while Degods’ sales soared by 113.88%. Other collections that witnessed notable gains included Tensorian Shards ($1.89M) and Y00ts ($1.25M).

The past week’s top-selling NFT was the Clonex NFT #9,418, fetching $360K just a day ago. Cryptopunk #4,757 claimed the second spot, selling for $326K about four days ago, and the third position went to Autoglyphs #203, selling for $304K. Interestingly, all five of the week’s top-selling NFTs were Ethereum-based. In fact, the week’s top 30 sold NFTs were all crafted atop the Ethereum blockchain.

What do you think about this week’s NFT sales stats? Share your thoughts and opinions about this subject in the comments section below.