{"id":17818,"date":"2023-02-18T20:09:11","date_gmt":"2023-02-18T20:09:11","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/nft-sales-surge-over-43-in-past-week-topping-397-million-markets-and-prices-bitcoin-news\/"},"modified":"2023-02-18T20:09:11","modified_gmt":"2023-02-18T20:09:11","slug":"nft-sales-surge-over-43-in-past-week-topping-397-million-markets-and-prices-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/nft-sales-surge-over-43-in-past-week-topping-397-million-markets-and-prices-bitcoin-news\/","title":{"rendered":"NFT Sales Surge Over 43% in Past Week, Topping $397 Million \u2013 Markets and Prices Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Sales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and roughly 1.62 million transactions.<\/strong><\/p>\n

NFT Sales Continue to Rise in 2023, Ethereum Dominates NFT Sales with 90% Market Share<\/h2>\n

In the past week, sales of non-fungible tokens (NFTs) have surged, rising more than 43% higher than the previous week, according to statistics<\/a> from cryptoslam.io. NFT sales totaled $397.86 million this week, with the number of buyers increasing by more than 77% to 345,716. Sales of NFTs on the Ethereum blockchain dominated, accounting for $360.32 million, or just over 90% of total sales.<\/p>\n

\"NFT<\/p>\n

Sales of non-fungible tokens (NFTs) on the Ethereum blockchain led the way, with $360.32 million in sales, a 54.77% increase from the previous week. Solana-based NFT sales followed with $18,790,359, down 7.47% from last week. In terms of seven-day sales, Ethereum and Solana were followed by Polygon, Immutable X, and Binance Smart Chain, respectively.<\/p>\n

\"NFT<\/p>\n

The top-selling collection of non-fungible tokens (NFTs) this week was Otherdeed, with total sales of $47,043,296. Otherdeed\u2019s sales increased 160.21% compared to the previous week. Following Otherdeed were Azuki, Moonbirds, Mutant Ape Yacht Club (MAYC), and Bored Ape Yacht Club (BAYC). While Azuki\u2019s sales increased by 174.98% this week, Moonbirds\u2019 NFT sales rose 502.43% from last week.<\/p>\n

According to weekly metrics<\/a> from both dappradar.com and Dune Analytics, the NFT marketplace Blur has outpaced the leading market, Opensea, this week. Dune\u2019s statistics<\/a> show that Blur captured more than 66% of the market share, while Opensea accounted for 23.9%. Dappradar.com shows that the top five marketplaces this week across various chains were Blur, Opensea, X2Y2, Immutable X Marketplace, and Lookrare, respectively.<\/p>\n

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\nTags in this story
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art world.<\/a>, Auctions<\/a>, Azuki<\/a>, Binance Smart Chain<\/a>, Blockchain<\/a>, Blur<\/a>, Bored Ape Yacht Club<\/a>, Buyers<\/a>, Collectors<\/a>, Cryptocurrency<\/a>, dappradar.com<\/a>, Digital Art<\/a>, digital ownership<\/a>, Dune Analytics<\/a>, Ethereum<\/a>, Immutable X<\/a>, investment<\/a>, Lookrare<\/a>, Market Share<\/a>, Marketplace<\/a>, Moonbirds<\/a>, Mutant Ape Yacht Club<\/a>, NFTs<\/a>, Non-fungible tokens<\/a>, Opensea<\/a>, Otherdeed<\/a>, Polygon<\/a>, sales<\/a>, Solana<\/a>, X2Y2<\/a><\/div>\n<\/div>\n

What are your thoughts on the recent surge in NFT sales this week? Do you think this trend will continue in the future? Share your thoughts in the comments section 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<\/em><\/p>\n

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