NFTs are selling well again, which means that there is some spare money in the market. It is a good sign that funds are more abundant.

NFT transaction volume has increased by 8.1% month-on-month in the past seven days, reaching 109 million US dollars.

According to News.bitcoin on July 7, NFT transaction volume rebounded in the past seven days, up 8.1% month-on-month to 109 million US dollars. The number of NFT buyers increased by 20.93% to 809,923, and the number of sellers increased by 14.05% to 363,190; the number of NFT transactions was 2,042,431, an increase of 45.57% from the previous week.

This week, Ethereum-based NFT sales reached 36.48 million US dollars, an increase of 14.04% from the previous week. Solana ranked second with sales of 22.46 million US dollars, an increase of 39.03%. Polygon came in third with $19.66 million in sales, down 5.36%. The Bitcoin Network came in fourth with $15.72 million in sales, down 14.7%. Mythos came in fifth this week with $4.21 million in NFT sales, down 4% from the week before. The highest-priced NFT this week was Cryptopunk #2, which sold yesterday for $386,916. Solana’s Boogle#089sold for $191,517 five days ago, while Arbitrum’s GUSDC Locked Deposit#201sold two days ago for $90,744.

$SOL