NFT Sales Surge Over 43% in Past Week, Topping $397 Million


18 February 2023 20:00, UTC


Studying time: ~2 m

Gross sales of non-fungible token (NFT) property over the past seven days rose 43.97% in comparison with the earlier week, based on statistics recorded on Feb. 18, 2023. The amount of NFT gross sales reached $397.86 million this week, with 345,716 NFT consumers and roughly 1.62 million transactions.

NFT Gross sales Proceed to Rise in 2023, Ethereum Dominates NFT Gross sales with 90% Market Share

Previously week, gross sales of non-fungible tokens (NFTs) have surged, rising greater than 43% larger than the earlier week, based on statistics from NFT gross sales totaled $397.86 million this week, with the variety of consumers growing by greater than 77% to 345,716. Gross sales of NFTs on the Ethereum blockchain dominated, accounting for $360.32 million, or simply over 90% of whole gross sales.

Gross sales of non-fungible tokens (NFTs) on the Ethereum blockchain led the best way, with $360.32 million in gross sales, a 54.77% improve from the earlier week. Solana-based NFT gross sales adopted with $18,790,359, down 7.47% from final week. When it comes to seven-day gross sales, Ethereum and Solana have been adopted by Polygon, Immutable X, and Binance Good Chain, respectively.

The highest-selling assortment of non-fungible tokens (NFTs) this week was Otherdeed, with whole gross sales of $47,043,296. Otherdeed’s gross sales elevated 160.21% in comparison with the earlier week. Following Otherdeed have been Azuki, Moonbirds, Mutant Ape Yacht Membership (MAYC), and Bored Ape Yacht Membership (BAYC). Whereas Azuki’s gross sales elevated by 174.98% this week, Moonbirds’ NFT gross sales rose 502.43% from final week.

In accordance with weekly metrics from each and Dune Analytics, the NFT market Blur has outpaced the main market, Opensea, this week. Dune’s statistics present that Blur captured greater than 66% of the market share, whereas Opensea accounted for 23.9%. exhibits that the highest 5 marketplaces this week throughout varied chains have been Blur, Opensea, X2Y2, Immutable X Market, and Lookrare, respectively.

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