NFT sales plunge 15% to $64.9m, Solana sales jump 44%

In response to knowledge from CryptoSlam, NFT gross sales quantity fell 15.72% to $64.95 million from final week’s $77.10 million.

Market participation has collapsed, with the variety of NFT patrons falling 68.41% to 154,955 and the variety of sellers falling 71.48% to 115,051. NFT transactions fell 13.25% to 940,713.

On the identical time, the worth of Bitcoin (BTC) has recovered to the $90,000 stage after latest volatility. Ethereum (ETH) has maintained the $3,000 stage and remained steady above this essential threshold.

The worldwide cryptocurrency market cap now stands at $3.07 trillion, up from final week’s $3.05 trillion. Nevertheless, the NFT sector has skilled a pointy downturn with declining market participation.

You may additionally like: ’47 Ronin’ director convicted of financial institution fraud and cash laundering

DMarket retains the lead now that the big collections are declining

DMarket on the Mythos blockchain retained the highest spot with income of $4.50 million, down 40.45% from final week’s $6.73 million. The gathering processed 118,034 transactions with 10,282 patrons and eight,792 sellers.

Algebra Positions NFT-V2 on Ethereum held the second place at $2.39 million, down 49.36% from final week’s $4.47 million. The gathering had 305 transactions with 55 patrons and 144 sellers.

Courtyard on Polygon secured third place with $2.18 million, down 36.18% from final week’s $3.42 million. The direct debit processed 41,269 transactions.

READ  Matt Furie NFTs Crater 97% After Mint Exploit

Supply: Prime Collections by NFT Gross sales Quantity (CryptoSlam)

YES BOND on BNB recorded probably the most resilience in fourth place with $2.04 million, down simply 3.02% from final week’s $2.09 million. The gathering had 1,907 transactions.

Guild of Guardians Heroes on Immutable-Zk fell to fifth place with $1.78 million, down 67.62% from final week’s $5.46 million. The gathering recorded 1,675 transactions.

CryptoPunks completed in sixth place with $1.77 million, down 13.87% from final week’s $2.06 million. The Ethereum assortment had 18 transactions with 16 patrons and 15 sellers.

You may additionally like: Espresso co-founder studies $30,000 crypto theft by way of ThirdWeb contract vulnerability

Solana rises as Ethereum and Immutable decline

Ethereum retained the highest place with income of $23.93 million, down 10.88% from final week’s $27.30 million.

The community recorded $4.43 million in laundry trades, bringing the whole to $28.36 million. The variety of patrons fell by 70.47% to 12,141.

BNB Chain (BNB) climbed to second place with $9.44 million, up 21.18% from final week’s $7.73 million.

The blockchain recorded $118,899 in wash buying and selling, with patrons down 76.66% to 14,599.

Bitcoin took the third place at $6.10 million, down 21.20% from final week’s $7.19 million. The community noticed 3,552 patrons, a drop of 79.51%.

Supply: Blockchains by NFT Gross sales Quantity (CryptoSlam)

Solana (SOL) secured fourth place with $5.54 million, up 44.54% from final week’s $4.03 million.

The blockchain recorded $5.36 million in wash trades, bringing the whole to $10.90 million. Regardless of the rise in turnover, the variety of patrons fell by 80.07% to 14,891.

Mythos Chain fell to fifth place with $4.64 million, down 39.26% from final week’s $6.88 million. The blockchain attracted 13,721 patrons, a drop of 73.74%.

Immutable (IMX) fell to sixth place with $3.15 million, down 63.32% from final week’s $8.51 million. The blockchain had 1,845 patrons, a drop of 74.95%.

Polygon (POL) completed in seventh place with $3.12 million, down 29.38% from final week’s $4.38 million. The blockchain recorded $5.99 million in wash buying and selling, with the variety of patrons falling 70.74% to 27,758.

You may additionally like: Ripple and Circle obtain conditional approvals from OCC’s nationwide banking charters

Bitcoin BRC-20 NFT retains the highest place

The $X@AI BRC-20 NFT ranked first for particular person gross sales at $809,337.16 (8.7195 BTC), bought 9 days in the past.

4 CryptoPunks accomplished the highest 5:

• CryptoPunks #6615 bought 9 days in the past for $153,356.75 (47.99 ETH)
• CryptoPunks #309 bought 9 days in the past for $134,530.52 (42 ETH)
• CryptoPunks #4566 bought 4 days in the past for $123,808.45 (39.9 ETH)
• CryptoPunks #4172 bought three days in the past for $111,232.08 (33 ETH)