According to Cointelegraph, NFT sales reached $181 million in the past seven days, a 94% increase from $93 million last week.
The Ethereum network led the way with $67 million in sales, up 111% from the previous week. NFT sales on the Bitcoin blockchain were $60 million, up 115%.
Solana, Mythos Chain, Immutable, Polygon, and BNB Chain had a total sales volume of $45.5 million. The average NFT sales value also rose to $133.08, an increase of 87% from last week.
In October, NFT sales were $356 million, up 18% from September, breaking a seven-month downward trend. The number of transactions also increased to 7.2 million, up 42%.
The growth in NFT sales is in line with the bullish trend in the crypto market. On November 13, Bitcoin reached a new high of $93,777 and is currently trading around $91,000 with a market capitalization of $1.8 trillion.
