🧩 NFTs weekly sales surge 94% as crypto market continues bullish run ✨️
The Ethereum network led the week with $67 million in NFT sales, while Bitcoin-based NFTs recorded $60 million in sales over the last seven days.
Non-fungible tokens saw a weekly sales volume of $181 million, fueled by significant gains in Bitcoin and other cryptocurrency markets.
On Nov. 17, digital collectible data tracker CryptoSlam showed that NFTs recorded a sales volume of $181 million over the last seven days. The data shows a 94% increase compared to the week before when NFTs only had a $93 million weekly sales volume.
The surge in weekly NFT sales volume comes as the market saw a resurgence, breaking its downturn in the monthly sales charts.
In October, digital collectibles recorded $356 million in sales, up 18% from September when NFTs hit a record monthly low of about $300 million.
This breaks a seven-month downturn for digital collectibles. Apart from sales volumes, NFT transactions also increased in October. The total transaction count for NFTs in the month reached 7.2 million, a 42% increase compared to the previous month.
