NFT sales jump 17% to $130.7m, Newcomer collection boasts 470% sales growth

Despite the slight pullback in the crypto market, the NFT sector continues to pump, with sales volume jumping by 17.16% to $130.7 million. According to data from CryptoSlam , market participation has rebounded strongly, with NFT buyers increasing by 138.96% to 259,264. Also, NFT sellers grew by 98.69% to 137,347. NFT transactions have slightly decreased by 1.14% to 1,498,668. As per CoinMarketCap data , Bitcoin ( BTC ) has dropped to the $103,000 level after hitting $105,000. At the same time, Ethereum ( ETH ) has shown a 7% recovery in the last seven days and is hovering at the $2,500 level. The global crypto market cap is now $3.29 trillion, down from last week’s $3.33 trillion. You might also like: Crypto’s second act: The quiet rise of exchange-traded notes | Opinion Ethereum sales are up by 21% Ethereum remains the dominant blockchain for NFTs, with $41.3 million in sales, up 21.47% from the previous week. Ethereum’s wash trading has decreased by 14.85% to $4.5 million. Bitcoin has surged to second place with $22.6 million in sales, showing a growth of 53.53%. Polygon ( POL ) has dropped to third place with $14.5 million, dropping 22.85%. Despite this, Polygon’s wash trading has surged by 49,260.97% to $1.3 million. Source: Blockchains by NFT Sales Volume (CryptoSlam) Mythos Chain holds fourth position with $13.3 million, though sales are down 19.62%. Solana ( SOL ) completes the top five with $8.9 million and rebounded with a 17.31% increase. Buyer counts have increased across all blockchains, with Bitcoin seeing 275.4% growth, Solana 237.33%, and Polygon 233.6%. You might also like: FIFA coin price tumbles as traders confuse it with official NFT initiative In collection rankings, Courtyard on Polygon maintains its top position despite a 31.02% decline to $11.7 million in sales. The collection has seen decreases across all metrics. This includes transactions (29.87%), buyers (17.67%), and sellers (39.82%). DMarket remains in second place with $8.2 million; however, it has fallen 28.01%. Bitcoin’s BRC-20 NFTs have climbed to third place with $7.1 million and posted a 107.81% increase. CryptoPunks has moved up to fourth place with $7 million in sales and has doubled with 97.09% growth. The collection has seen increases in transactions (52.94%), buyers (45.83%), and sellers (62.5%). A newcomer, XSY Deposit on Avalanche ( AVAX ), entered the rankings in fifth place with $6.8 million. The collection’s sales have grown by 469.59%. Notable high-value sales from this week include: Known Origin #30101 sold for 410,532.5625 USDC ($410,532) CryptoPunks #3281 sold for 148 ETH ($384,286) CryptoPunks #1507 sold for 80 ETH ($204,711) CryptoPunks #9460 sold for 81 ETH ($202,324) Mutant Ape Yacht Club #30001 sold for 194,815.0469 USDC ($194,815) Read more: Moo Deng price approaches support: 50% bounce possible on bullish rounded bottom

Source: crypto.news