The global non-fungible tokens market has started showing light signs of revival after facing a brutal meltdown in recent months, which left the majority of floor prices dropping 23% from their previous resistance levels. The global NFT market has surged 7.69% this past week from the previous week.
NFT Sales Rose 7.69% Past Week
Data compiled by CryptoSlam.io, an on-chain crypto market aggregator and a multi-chain non-fungible token explorer, indicates that the global non-fungible token market has lightly surged this past week. In the past seven days, the NFT market has recorded a trading sales volume of $108 million, representing a 7.69% surge from the past week.
During this period, the number of investors buying non-fungible token collections has increased by 20% from the previous week. In the past seven days, the global NFT market has seen nearly a million collectors buying NFTs, pushing the number of NFT transactions above 1.5 million.
Ethereum, the blockchain network renowned in the NFT market for hosting most blue-chip non-fungible token collections, was past week’s top traded NFT blockchain network. In the past seven days, the Ethereum-based NFT collections amassed a trading sales volume of $36 million. Ethereum NFT sales volume surged 15% last week from the previous week.
Solana, a public, open-source blockchain that supports smart contracts, including non-fungible tokens and a variety of decentralized applications, was past week’s second most-traded network in the NFT ecosystem. In the past seven days, the Solana-based NFT collections have amassed a trading sales volume of $22 million, representing a 35% surge from the previous week.
Polygon, an Ethereum scaling solution blockchain network, was past week’s third most-traded blockchain network in the NFT ecosystem. Polygon-based NFTs have amassed a trading sale volume of $19 million in the past seven days. Polygon NFT trading sales fell 5.14% last week from the previous week.
Bitcoin, the blockchain network renowned in the NFT market for powering Ordinals and BRC-20 non-fungible token collections, was past week’s fourth most-traded blockchain network in the NFT ecosystem. In the past seven days, the Bitcoin-based NFT collections have recorded a sales volume of $15 million, representing a 15.40% drop from the previous week.
Ten Top Selling NFTs In The Past 7 Days
1. DMarket NFT Collection
DMarket, a non-fungible token collection from the virtual asset market platform DMarket hosted on Mythos Chain, was past week’s most-selling NFT collection. In the past seven days, the DMarket has recorded a trading sales volume of $3.8 million. DMarket NFT sales have plunged 8.61% this past week from the previous week.
2. Pudgy Penguins NFT Collection
Pudgy Penguins, a non-fungible token collection from the digital asset firm and toy brand Pudgy Penguins featuring a limited supply of 8,888 NFTs hosted on the Ethereum blockchain network, was past week’s top-selling NFT collection. In the past seven days, the Pudgy NFT collection has recorded a trading sales volume of $3.4 million, representing a 6.40% rise from the previous week.
3. Bored Ape Polygon NFT Collection
Bored Ape Polygon, a non-fungible token collection featuring a limited supply of 10,000 NFTs hosted on the Polygon blockchain network, was past week’s third most-selling NFT collection. In the past seven days, the Bored Ape Polygon NFT collection has raised a trading sales volume of $3.1 million. Bored Ape Polygon NFT sales surged 126% last week from the previous week.
4. DogeZuki NFT Collection
DogeZuki, a non-fungible token collection with a fixed set of 2,800 Shiba Inu-inspired NFT items hosted on the Solana blockchain network, was past week’s fourth most-selling NFT collection. In the past seven days, the DogeZuki NFT collection has raised a sales volume of $3.16 million. DogeZuki NFT sales volume has surged 15% past week from the previous week.
5. Mad Lads NFT Collection
Mad Lads, a non-fungible token collection from the infrastructure development project Backpack that features a limited supply of 10,000 NFTs hosted on the Solana blockchain network, was past week’s fifth most-selling NFT collection. In the past seven days, the Mad Lads NFT collection has attracted a trading sales volume of 3.04 million, representing a 5.78% rise from the previous week.
6. Guild Of Guardians NFT Collection
Guild of Guardian, a non-fungible token collection from Guild of Guardians, a mobile RPG where players take teams of heroes through challenging dungeons to collect resources, was past week’s sixth most-selling NFT collection. In the past seven days, the Guild of Guardians NFT collection has recorded a trading sales volume of $2.6 million. The Guild of Guardians NFT sales volume plunged 18.84% past week from the previous week.
7. Bored Ape Yacht Club NFT Collection
Bored Ape Yacht Club, an all-time top-selling NFT collection from the digital asset firm Yuga Labs with a limited supply of 10,000 NFTs hosted on the Ethereum blockchain network, was past week’s seventh most-selling NFT collection. In the past seven days, the Bored Ape NFT collection has attracted a trading sales volume of $2.6 million. The Bored Ape NFT trading sales volume has fallen 21.21% this past week from the previous week.
8. Sea Dragon NFT Collection
Sea Dragon, a non-fungible token collection featuring a limited edition of 10,000 NFTs hosted on the Polygon blockchain network, was past week’s eighth most-selling NFT collection. In the past seven days, the Sea Dragon NFT series has raised a trading sales volume of $2.5 million.
9. Bitcoin Puppets NFT Collection
Bitcoin Puppets, a non-fungible token collection featuring a fixed supply of 10,000 NFTs created on the Bitcoin blockchain network using the Ordinal theory, was past week’s ninth most-selling NFT collection. In the past seven days, the Bitcoin Puppets NFT collection has raised a trading sales volume of $2.2 million. Bitcoin Puppets NFT sales fell 18% past week from the previous week.
10. NodeMonkes NFT Collection
NodeMonkes, another non-fungible token collection featuring a limited edition of 10,000 NFTs created on the Bitcoin blockchain network using the ordinal protocol, was past week’s tenth most-selling NFT collection. In the past seven days, the NodeMonkes NFT collection has attracted a trading sales volume of $2.2 million. NodeMonkes NFT sales volume has plunged 37% this past week from the previous week.
NFT Market Prediction For This Week
The global non-fungible token market has showcased strong market resilience, maintaining positive growth in the past week. The non-fungible token market is expected to see positive development again in the coming weeks, and a market bull run may be retested before the end of this year.
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