🌎 Crypto Market Sees Surge in NFT Sales

NFT Sales Volume Surges Amid Crypto Market Rally

The recent surge in the crypto market has led to a significant increase in non-fungible token (NFT) sales volume, with a notable jump of 16.3% to $96.1 million.

Crypto Market Capitalization Hits New Highs

The global crypto market capitalization has risen by 3.29% at press time, reaching an all-time high of $2.6 trillion, according to the latest data from CoinMarketCap.

NFT Sales by Blockchain

Ethereum remains the leading blockchain for NFT sales, with a volume of $31.19 million, a 14% increase from the previous week. The number of NFT buyers on the Ethereum blockchain has dropped significantly to 21,575.

Bitcoin Overtakes Solana for Second Place

Bitcoin has taken the second spot, with an impressive 93% increase in NFT sales volume over the last seven days. The Bitcoin blockchain’s NFT volume stands at $26.3 million.

NFT Sales Volume by Chain

The rankings for NFT sales volume by chain are as follows:

BTC (Bitcoin): $26.3 million (93% increase)
Ethereum: $31.19 million (14% increase)
Solana: $12.9 million (19.3% drop)
MYTH (Mythos Chain): $10.8 million (1.3% drop)
POL (Polygon): $12.3 million (12.3% increase)

DMarket Loses First Ranking

DMarket, which previously held the first ranking, has lost its position to $BRC-20 NFTs, which has seen a 462% surge in NFT sales volume to $10.45 million.