Sales of non-fungible tokens (NFTs) increased this week, rising over 14.99% compared to last week's figures for total sales over seven days.
Ethereum and Bitcoin dominate as NFT sales recover
From November 2 to November 9, 2024, NFT sales reached $95.72 million, marking a 14.99% increase compared to the previous week, after several weeks of declining activity. Despite this positive change, the number of buyers of digital collectibles has significantly decreased by 90.21%, while NFT sellers have dropped by 88.80%.
Ethereum leads the week as the top blockchain for sales over seven days, reaching $31.14 million and increasing by 13.25%. Following behind, NFT sales focused on Bitcoin ranked second with $26.01 million, and Solana placed third with $12.97 million in revenue recorded from November 2 to November 9.
In terms of collections, Bitcoin's BRC20 NFT tops the rankings, accumulating revenue of $10.45 million - a significant increase of 424.97% compared to last week. Mythos's Dmarket stands in second place with $5.5 million, although Dmarket's sales have decreased by 2.97% compared to last week. Ethereum-based Cryptopunks secured third place with revenue just over $3 million, up 94.72%.
The highest priced NFT sold this week is the Wise Lending NFT based on Ethereum, valued at $361,274 yesterday. A BNB-based Lock Deal NFT follows, sold for $162,977 three days ago, while Bitcoin's S Shroom was sold for $142,742. According to cryptoslam.io, a total of about 1,660,036 NFT transactions occurred this week, although that number has decreased by 2.31% compared to last week.
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