While overall NFT transactions and buyers are down, NFT sales jump 2% higher than last week – Markets & Prices Bitcoin News

by James · October 23, 2022

Over the past week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the previous week with $85 million in NFT sales in seven days. However, the number of NFT buyers fell by 12.63% and the number of NFT transactions is down 19.19% on October 23, 2022.

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NFT sales register a slight increase, number of NFT transactions slides 19% lower

While NFT sales are much lower than a few months ago, NFT sales are up 1.9% in the past week with $85,068,480 in sales volume according to cryptoslam.io. The top collection this week selling the most NFTs originated from Sorare as the Ethereum-based project saw $8.5 million in sales.

Bored Ape Yacht Club (BAYC) reigned second in seven-day sales, grossing $6.69 million. Besides Sorare and BAYC, Gods Unchained, Azuki and Cryptopunks hold positions in this week’s top five selling NFT compilations.

While NFT transactions and buyers are down overall, NFT sales jumped 2% higher than last week — The last seven days saw a recorded $85,068,480 in NFT sales, which is up 1.9% higher than last week’s NFT sales.

Ethereum has the most sales of 17 blockchains listed on cryptoslam.io. The Ethereum (ETH) network recorded $64.48 million of the total $85 million in NFT sales this past week. ETH-based NFT sales increased this week by 10.7% higher than last week’s ETH-based NFT sales.

Alongside ETH, Solana, Immutable X, Flow, BNB and Ronin hold the top five spots in terms of NFT sales per blockchain. Immutable X NFT sales rose 79.88% higher than the previous week, while Solana NFT sales fell 29.13% lower than the previous week.

The most expensive NFT sale this past week was Digidaigaku #1632 – Ifrit, which sold for $262,000 four days ago, and the second most expensive NFT sale was V1 PUNK #6915, which sold for $236,000. V1 PUNK #6915 was followed by Azuki #1582, Bored Ape #3429 and Bored Ape #8477 respectively.

Nftpricefloor.com statistics show that the most expensive floor value today is from the BAYC collection followed by the Cryptopunks collection. BAYC and Cryptopunks are followed by Mutant Ape Yacht Club (MAYC), The Sandbox and Autoglyphs respectively. At the time of writing, the cheapest BAYC today is 71.69 ETH or $93,986.

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7 Day NFT Sale, BAYC, bnb, Bored Ape Yacht Club, cryptopunks, cryptoslam.io, Ethereum, Floor Values, Flow, Immutable X, nft, NFT Collection, NFT Collections, NFT Floor Values, NFT Sale, NFT Sales Volume, NFT Weekly Sales, NFT, Non-fungible Token, Opensea, sales, Sales Volume, Solana

What do you think of the last seven days of NFT sales? Let us know your thoughts on this topic in the comments section below.

Jamie Redman

Jamie Redman is the news editor at Bitcoin.com News and a financial technology journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.