{"id":17527,"date":"2023-02-11T16:05:34","date_gmt":"2023-02-11T16:05:34","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/nft-sales-rise-18-43-this-week-led-by-ethereums-233-85-million-in-nft-settlements-markets-and-prices-bitcoin-news\/"},"modified":"2023-02-11T16:05:34","modified_gmt":"2023-02-11T16:05:34","slug":"nft-sales-rise-18-43-this-week-led-by-ethereums-233-85-million-in-nft-settlements-markets-and-prices-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/nft-sales-rise-18-43-this-week-led-by-ethereums-233-85-million-in-nft-settlements-markets-and-prices-bitcoin-news\/","title":{"rendered":"NFT Sales Rise 18.43% This Week, Led by Ethereum’s $233.85 Million in NFT Settlements \u2013 Markets and Prices Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Non-fungible token (NFT) sales rose 18.43% this week, totaling $272.68 million. However, the number of NFT buyers declined by 60.31% to approximately 195,716. Ethereum NFT sales continue to lead the market, accounting for $233.85 million of the total sales, a 25.42% increase from the previous week.<\/strong><\/p>\n

Top NFT Collection of the Week: Otherdeed Leads with $18.26 Million in Sales<\/h2>\n

NFT sales rose 18.43%<\/a> this week, with $272.68 million in sales recorded across more than 20 blockchain projects that issue NFTs. Ethereum led the market, accounting for 85.76% of the total sales with $233.85 million. ETH-based NFT sales also increased by 25.42% from the previous week.<\/p>\n

\"NFT
NFT sales and the number of NFT buyers over the last seven days.<\/figcaption><\/figure>\n

Solana ranked second in NFT sales, with $20,415,068 recorded over the past week. However, this figure represents a 25.95% decrease from the previous week. Ethereum and Solana were followed by Immutable X, Polygon, and Cardano in NFT sales, respectively. Immutable X saw $6,222,375 in sales, Polygon recorded $3,469,913, and Cardano had $3,132,714 in total sales last week.<\/p>\n

\"NFT
The top five most expensive NFTs sold this past week, according to cryptoslam.io data.<\/figcaption><\/figure>\n

The top-selling NFT collection last week was Otherdeed, which generated $18,260,273 in sales. Bored Ape Yacht Club (BAYC) followed with $16,520,662 in sales. The other collections in the top five were Mutant Ape Yacht Club (MAYC), Checks VV Edition, Doodles, and Sewer Pass. Of these five collections, BAYC saw the largest increase in sales, rising 31.35% from the previous week.<\/p>\n

The most expensive NFT sold last week was Cryptopunk #5,066, which sold for $1.4 million five days ago. This sale was followed by BAYC #7,090, which sold for $1.3 million four days ago. Cryptopunk #2,886 sold for $454,744 a day ago, Otherdeed #54,421 sold for $327,796, and Otherdeed #67,782 sold for $282,219 this week. According to nftpricefloor.com stats<\/a>, BAYC NFTs currently have the highest floor value at 70.97 ETH<\/a>, followed by Cryptopunks at 63.29 ETH<\/a> as of 9:30 a.m. ET on February 11, 2023.<\/p>\n

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\nTags in this story
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BAYC<\/a>, Blockchain<\/a>, Bored Ape Yacht Club<\/a>, Buyers<\/a>, Cardano<\/a>, Checks VV Edition<\/a>, cryptopunk<\/a>, cryptoslam.io<\/a>, Decrease<\/a>, Doodles<\/a>, ETH<\/a>, Ethereum<\/a>, Floor Value<\/a>, Immutable X<\/a>, increase<\/a>, market leader<\/a>, MAYC<\/a>, Mutant Ape Yacht Club<\/a>, nft<\/a>, NFT collectibles<\/a>, NFT investment<\/a>, NFT Market<\/a>, NFT market trends<\/a>, NFT sales figures<\/a>, nftpricefloor.com<\/a>, Non-fungible Token<\/a>, Otherdeed<\/a>, Percentage<\/a>, Polygon<\/a>, previous week<\/a>, sales<\/a>, Sewer Pass<\/a>, Solana<\/a>, top-selling collection<\/a>, total sales<\/a><\/div>\n<\/div>\n

What are your thoughts on the continued growth of NFT sales and Ethereum\u2019s dominance in the market? Share your opinions in the comments below.<\/strong><\/em><\/p>\n

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\nJamie Redman <\/h6>\n

\nJamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons, Editorial photo credit: Rokas Tenys \/ Shutterstock.com<\/em><\/p>\n

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Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

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