So, like, the crypto market is having a moment, you know? Despite a little hiccup, the NFT sector is still going strong, with sales jumping by a cool 17.16% to $130.7 million. According to some data from CryptoSlam, there’s been a solid rebound in market participation. NFT buyers are up by a whopping 138.96% to 259,264, and sellers have grown by almost 100% to 137,347. Transactions have dipped slightly by 1.14% to 1,498,668.
Bitcoin is doing its Bitcoin thing, dropping to $103,000 after hitting $105,000. Meanwhile, Ethereum is making a comeback, showing a 7% recovery in the last week and hovering around $2,500. The global crypto market cap is now $3.29 trillion, down from last week’s $3.33 trillion. Ethereum sales are on the rise, up by 21.47% to $41.3 million, making it the top blockchain for NFTs. Wash trading for Ethereum has decreased by 14.85% to $4.5 million.
Bitcoin has climbed to second place with $22.6 million in sales, a growth of 53.53%. Polygon has dropped to third place with $14.5 million, down by 22.85%. Despite the drop, Polygon’s wash trading has surged by a crazy 49,260.97% to $1.3 million. Mythos Chain is chilling in fourth place with $13.3 million, even though sales are down by 19.62%. Solana rounds out the top five with $8.9 million and a rebound of 17.31%.
Buyer counts are up across all blockchains, with Bitcoin seeing a massive 275.4% growth, Solana with 237.33%, and Polygon with 233.6%. In the collection rankings, Courtyard on Polygon is still holding onto the top spot, despite a 31.02% decline to $11.7 million in sales. DMarket is in second place with $8.2 million, but it’s fallen by 28.01%. Bitcoin’s BRC-20 NFTs have moved up to third place with $7.1 million and a 107.81% increase. CryptoPunks is now in fourth place with $7 million in sales, doubling with 97.09% growth.
A newbie, XSY Deposit on Avalanche (AVAX), has entered the rankings in fifth place with $6.8 million in sales, showing a crazy 469.59% growth. Some notable high-value sales from this week include Known Origin #30101 selling for 410,532.5625 USDC ($410,532), CryptoPunks #3281 going for 148 ETH ($384,286), CryptoPunks #1507 selling for 80 ETH ($204,711), CryptoPunks #9460 going for 81 ETH ($202,324), and Mutant Ape Yacht Club #30001 selling for 194,815.0469 USDC ($194,815).
And that’s the latest buzz in the NFT world, folks. Looks like things are heating up despite a few bumps in the road. Who would’ve thought, right? But hey, that’s the crypto game for you.
