On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based NFTs accounted for $86.59 million or 76.8% of the $112 million in sales volume.
Seven-day NFT sales down 5.23% over the past week Cryptopunk #4,181 sells for $187K in top NFT sales this week
According to Cryptoslam.io statistics, approximately $112.70 million worth of NFT sales were recorded in the past seven days. The volume is down 5.23% from last week’s sales volume and metrics show a 2.4% increase in NFT transactions.
Most of the sales volume stemmed from Ethereum-based NFTs as there was $86.59 million in ETH-based NFT sales during the last seven days. However, ETH-based NFT sales are 10.06% lower than the NFT sales stemming from the Ethereum blockchain.
Solana saw an increase of 29.57% in NFT sales and recorded $16.11 million in NFT sales last week. Algorand saw an increase of 55.15% over the previous week in ALGO-based NFT sales, but ALGO NFTs only saw $93,242 in total sales during the past week.
Arbitrum also saw an increase this week jumping 50.10% higher than the network’s NFT sales recorded last week. Arbitrum NFT sales, however, only account for $269,453 of the total $112.70 million in NFT sales.
The fourth largest blockchain in terms of weekly NFT sales was Cardano with $1,680,901 in NFT sales. Cardano NFT sales grew 8.89% more than the blockchain’s NFT sales volume last week.
Immutable X captured the third-largest number of sales with $4,128,023, but sales slipped 2.73% lower than the week before. Over the last seven days, the NFT collection with the highest number of sales was Otherdeed as it captured $8,632,529 in sales across 3,990 transactions.
Other acts followed were the Bored Ape Yacht Club (BAYC), which sold $6,448,670, and the Mutant Ape Yacht Club, which recorded $5,872,336 in seven days of sales. Clonex, Light Years Mint Pass, Sorare, Y00t, Gods Unchained, Cryptopunks and Azuki followed, respectively, in terms of seven-day sales.
The most expensive NFT sold during the last week was Cryptopunk #4,181, an ETH-based NFT that sold for $187K two days ago. Cryptopunk #4,181 was followed by BAYC #276 which sold for $179K and Azuki #9,143 that sold for $174K. At the time of writing, between the Cryptopunks collection and the BAYC compilation, BAYC has the most expensive floor price value on Dec. 5, 2022.
