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Home»Ethereum»NFT Sales Drop 6% To $84.6m. Solana Retains Top Ranking

NFT Sales Drop 6% To $84.6m. Solana Retains Top Ranking

Ethereum By Gavin02/11/2024
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The recent drop in crypto prices has seen the volume of non-fungible token (NFTs) sold fall by 6%, from $84.6mn.

Although the crypto-market showed some signs of positive growth in the past, it seems that all those gains are gone now.

As per CoinMarketCap dataAt press time, the crypto market capitalization had dropped to $2.31 billion.

This week is the last NFT sales volume stood at $89.1 million. According to data recently released by CryptoSlamThe NFT’s sales have fallen by 6 percent.

  • NFT volume sales fell to $84.6 millions.
  • EthereumETHBlockchain still maintains its top position, with sales of $28,3 millions.
  • Solana (SOLFor the second week in a row, ( ) has retained its ranking as runner-up.
  • NFT sales jumped by 21 percent.
  • NFT sales also increased by 30% compared to last week, when they were 385 184.

Ethereum NFT sales fall by more than 6.6%

In the last week, sales of Ethereum NFT NFTs amounted to $31.1 millions. The latest figures show that sales are now below $30 million, at $28.3 millions.

Comparatively speaking, the week was on the low side with a drop of 6.6% in the past seven days. Interesting, NFT purchasers on the Ethereum Blockchain increased from 56 021 to 17,4%.

Source: NFT sales volume (CryptoSlam), source of blockchains

Solana’s position in second place has been held for two consecutive weeks, despite a decline of 11.3% over the last seven-day period.

The data shows that Solana Blockchain’s NFT was $16.1 Million. NFT purchasers have also increased by a healthy 27.7%, reaching 385,272.

BitcoinBTC() showed the lowest sales decline, with only a loss of 2.78% and a total value of $14.12 millions.

Mythos Chain was ranked fourth with $10.9million, a decline of 6.65% in just the last week.

Immutable took fifth place.IMX(which showed modest sales of 6.2%. Ethereum, with $3.66 million in wash trading, accounted for most of the volume.

DMarket remains unflinching at the top ranking

DMarket sales reached $5.744million, which is a decline of 11.62 percent during the same period.

Guild of Guardians Heroes 2, with sales of $3.28 millions, took the number two spot.

NFT sales drop 6% to $84.6m, Solana retains ranking for second-straight week - 2
The top NFT Sales: Statistics from CryptoSlam

According to the latest sales figures, the NFT collections that dominated the market in the past week were:

  • Wrapped Ether Rock No. 91 was sold at 120,000 USDC.
  • Wrapped Ether Rock No. 59 was sold at 119,000 USDC.
  • CryptoPunks #705 was sold for 30.5 Ethereum.
  • Sorare #23580937173…. Sold for 21.888 Ethereum.
  • Art Block #9 was sold at 0.7839 BTC.

“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: crypto.news

ai NFT ola OP SOL Solana
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