🌎 NFT Market Sales Surge to $224 Million

The global cryptocurrency market capitalization has slightly contracted to $3.63 trillion, down from last week’s $3.67 trillion. However, despite mixed cryptocurrency price action, the NFT market sales have surged, with a total sales volume reaching $224.5 million.

NFT Market Performance

According to the latest data, the NFT market has seen a 16.36% increase in sales, despite a 73.97% decrease in unique buyers to 180,641. The Ethereum blockchain continues to dominate the NFT market, with $118.9 million in sales, showing a 21.33% increase over the previous period.

Bitcoin’s NFT ecosystem sales have reached $51.8 million, marking a 14.79% increase, while Solana has strengthened its position with $21.4 million in sales, with a growth of 32.12%. Mythos Chain (MYTH) and ImmutableX complete the top five, with sales of $10.9 million and $8.5 million, respectively.

Collection Rankings

The collection rankings have seen major changes, with Pudgy Penguins retaining its first position. Their sales volume reached $30 million, marking a 51.53% increase from the previous period. Pudgy Penguins has evolved beyond just digital art, exploring various licensing opportunities, including physical merchandise and toys inspired by the NFT characters.

BRC-20 NFTs have maintained strong performance with $15.5 million in sales, showing a 54.63% increase. A notable newcomer, LilPudgys, has shown a 1,021.54% surge in sales, reaching $13.5 million. Azuki and Guild of Guardians Heroes round out the top five, with Azuki showing particular strength with a 179.46% increase in sales.