Despite the recent downturn in cryptocurrency prices, the Non-Fungible Token (NFT) market has shown resilience and growth. The global crypto market cap has dropped to $3.18 trillion, with Bitcoin and Ethereum struggling to break past $96,000 and $2,700, respectively. However, the NFT market has seen a significant increase in sales volume, with a 19.60% growth to $152.9 million.

NFT Market Performance

The latest data reveals a surge in market activity, with NFT sales volume rising to $152.9 million from $112.7 million. Additionally, the number of NFT buyers increased by 64.53% to 335,666, while NFT sellers grew by 49.30% to 237,123. NFT transactions also climbed by 4.73% to 1,574,998.

Top Performing Blockchains

Ethereum NFT sales jumped by 42.71% to $79.1 million, with buyers up 36.09% to 41,619. Bitcoin took second place with $20.6 million, despite a 26.59% drop. However, buyer numbers rose by 40.65% to 23,097.

Other notable performers include:

  • Mythos Chain, with $15.4 million in sales, up 4.25%
  • Solana, with $10.9 million, rising 13.86%
  • Polygon, with $9.2 million, growing 23.35%

Top NFT Marketplaces

DMarket maintained its lead with $10.2 million in sales, up 6.59%. The platform kept strong volume with 344,394 transactions and 24,012 buyers.

Doodles claimed second place with $9.9 million, rising 32.80%. Other notable marketplaces include:

  • Pudgy Penguins, with $8.8 million, bouncing back with an 83.01% increase
  • Courtyard, with $8.2 million, up 23.52%
  • LilPudgys, with $6.3 million, posting a 133.39% surge

Notable NFT Sales

Some notable NFT sales this week include:

  • CryptoPunks #7685: $166,289 (60 ETH)
  • CryptoPunks #3963: $139,515 (50 ETH)
  • CryptoPunks #5774: $122,773 (44 ETH)
  • CryptoPunks #9813: $121,059 (44.99 ETH)
  • CryptoPunks #8046: $120,659 (44.69 ETH)

Stay up-to-date with the latest news and trends in the cryptocurrency and NFT markets on Global Crypto News.

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