NFT Market Shows Resilience Amid Crypto Decline
Despite the crypto market’s downturn, the NFT sector is holding strong. Sales volume has risen by 4.5%, reaching $102.8 million. This is a positive shift from last week’s $100.9 million,as reported by CryptoSlam.
Bitcoin’s price has fallen below $83,000, and Ethereum is at $1,800.The global crypto market cap is now $2.71 trillion, down from $2.77 trillion last week.
NFT buyers have surged by 28.9% to 451,436. Sellers have also increased by 26.5% to 285,272. however, transactions have dipped by 2.8% to 1,614,680.
Ethereum Leads NFT Sales
Ethereum remains the top blockchain for NFT sales, with $32 million in transactions, up 19.4%. Polygon follows with $18.1 million, a 33.1% increase. Solana has dropped to third place with $8.7 million in sales.
Mythos Chain ranks fourth with $13.7 million, despite a 12.8% decrease. Bitcoin’s NFT sales have fallen by 40.7% to $10.1 million.
Top NFT Collections
courtyard on Polygon leads with $15.7 million in sales. DMarket is second with $8.5 million. CryptoPunks has seen a 141.4% growth to $6.3 million. The top sale was CryptoPunks #2967 for 420 ETH ($843,070).
Other high-value sales include:
- CryptoPunks #6935 for 135 ETH ($271,890)
- CryptoPunks #3007 for 120 ETH ($239,342)
- CryptoPunks #2301 for 115 ETH ($234,959)
- Autoglyphs #364 for 105 ETH ($210,172)
