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    Home»NFT
    NFT

    NFT sales drop 28% to $98m, Bored Ape Yacht Club sales surge 100%

    News RoomBy News Room1 month agoNo Comments3 Mins Read
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    According to CryptoSlam’s data, NFT (non-fungible token) sales volume has declined by 28.42% to $98.18 million, down from last week.

    However, market participation has bucked the trend, with NFT buyers surging by 22.86% to 626,341 and sellers climbing by 13.54% to 469,316.

    NFT transactions fell by 5.08% to 1,458,311. The global crypto market cap has also dropped and now stands at $3.71 trillion, down from last week’s $3.75 trillion.

    Summary

    • NFT sales fell 28% to $98.18M, but buyers surged 22.86% to 626,341.
    • BAYC sales jumped 108%, while DMarket and DX Terminal saw declines.
    • Ethereum led networks with $41.72M in NFT sales, up nearly 20% weekly.

    You might also like: XRP price prediction: Is a $20 Ripple rally realistic or too good to be true?

    DMarket’s decline, BAYC’s comeback

    DMarket, on the Mythos blockchain, is down 34.09% from last week’s $9.05 million. Yet it still maintains first place with $5.92 million in sales. The collection processed 209,894 transactions with 17,852 buyers and 13,838 sellers.

    DX Terminal on Base held second position at $5.62 million, down 18.23% from last week’s $7.56 million. The collection recorded 294,979 transactions.

    Source: Top collections by NFT Sales Volume (CryptoSlam)

    Bored Ape Yacht Club stormed back into the top rankings at third place with $5.22 million in sales, surging 108.47%.

    The Ethereum (ETH) collection had 180 transactions with 115 buyers and 115 sellers.

    Pudgy Penguins climbed to fourth with $4.85 million, up 21.07% from last week’s $3.80 million. The collection saw 182 transactions with 99 buyers and 105 sellers.

    Guild of Guardians Heroes on Immutable-Zk secured fifth place at $3.88 million, up 11.11% from last week’s $3.45 million. The collection had 3,100 transactions.

    CryptoPunks entered the top six with $3.79 million, surging 49.48%. The Ethereum collection processed just 21 transactions with 14 buyers and 16 sellers.

    You might also like: Stellar taps Chainlink solutions to power next-gen DeFi applications

    Ethereum extends lead

    Ethereum strengthened its position at the top with $41.72 million in sales, up 19.72% from last week’s $35.04 million.

    The network recorded $3.59 million in wash trading, bringing its total to $45.31 million. Buyers increased by 14.66% to 54,401.

    Bitcoin (BTC) held second place with $11.55 million, down 11.47% from last week’s $13.17 million. The network saw 18,316 buyers, up 36.06%.

    Source: Blockchains by NFT Sales Volume (CryptoSlam)

    Base remained in third with $10.36 million, up 7.34% from last week’s $10.19 million. The blockchain recorded $4.93 million in wash trading, with buyers rising 7.92% to 277,561.

    Immutable (IMX) climbed to fourth position with $6.56 million, up 12.54% from last week’s $5.73 million. The network had 7,981 buyers, up 32.75%.

    Solana (SOL) secured fifth place with $6.16 million, surging 30.28% from last week’s $4.92 million. The blockchain attracted 40,011 buyers, up 30.29%.

    Mythos Chain dropped to sixth at $6.09 million, down 33.27% from last week’s $9.27 million. The blockchain had 46,981 buyers, up 39.03%.

    BNB Chain (BNB) rounded out the top seven with $5.25 million, down 3.76% from last week’s $5.33 million. Buyers jumped 33.18% to 43,642.

    You might also like: Theta Network adds Deutsche Telekom as enterprise validator

    CryptoPunk leads high-value transactions

    • CryptoPunks #8407 topped individual sales at $413,469.94 (100 ETH), sold five days ago.
    • Bored Ape Yacht Club #3105 placed second at $359,769.63 (90 ETH), sold three days ago.
    • V1 Cryptopunks Wrapped #4350 sold for $248,839.14 (62.9 ETH) seven days ago.
    • Autoglyphs #256 fetched $222,558.91 (59 WETH) two days ago.
    • CryptoPunks #7378 completed the top five at $212,360.44 (51 ETH), sold five days ago.

    Read more: From exposure to yield: Idle institutional capital activates Bitcoin-native DeFi | Opinion

    Read the author’s full story here
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    News Room is the editorial team behind BlockedCubed, delivering timely news and insights on cryptocurrency, blockchain, and digital finance. Dedicated to clarity and accuracy, the team covers global trends shaping the future of crypto.

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