NFT (non-fungible token) sales rose 5.98% to $161.7 million, according to CryptoSlam data.
summary
- NFT sales reached $161.7 million, with 382,000 buyers, an increase of 126%.
- Ethereum regained dominance, driving $102.7 million in NFT sales.
- Pudgy Penguins soared 165% with weekly sales of $15.6 million.
What is noteworthy is that market participation is active. The number of NFT buyers increased by 126.59% to 382,846 people, and the number of sellers increased by 124.15% to 341,290 people. The number of NFT transactions also increased by 2.48% to 1,703,436.
At the same time, Bitcoin (BTC) price continues to fall and is currently at the $106,000 level. Ethereum (ETH) also fell further to $3,800.
The global cryptocurrency market capitalization shrank to $3.62 trillion from $3.78 trillion last week. However, the NFT sector is showing signs of recovery with an increase in market participants.
You may also like: Cryptocurrency price decline: Why is “Uptober” not progressing as expected?
45.com leads, followed by Pudgy Penguins
The 45.com collection on Ethereum took the top spot with $31.28 million in sales from 9,607 transactions. This collection had 4,980 buyers and only 5 sellers, resulting in flat growth of 0.00%.
Pudgy Penguins secured second place with sales of $15.61 million, an increase of 165.38% from last week's $6.63 million.
Source: Top collection by NFT sales volume (CryptoSlam)
Ethereum Collection had 252 buyers and 220 sellers participating, and 528 transactions were processed. LilPudgys also did well, rising 27.24% to #7 with $4.6 million.
DX Terminal on Base fell to third place with $9.99 million, down 23.84% from last week's $13.03 million. This collection recorded 553,255 transactions from 106,605 buyers and 105,740 sellers.
DMarket remained in fourth place with $8.07 million, up 4.78% from last week's $7.72 million. Mythos-based collections saw 215,010 transactions.
Bored Ape Yacht Club moved into fifth place with $5.47 million, up 2.78% from last week's $5.3 million. This collection had 127 transactions with 73 buyers and 76 sellers.
Moonbirds came in 6th place with $5.32 million, down 20.23% from last week's $7.01 million. Ethereum Collection processed 481 transactions.
You may also like: HBAR price plummets further amid Hedera ecosystem crisis
Ethereum regains dominance
Ethereum returned to the top spot among blockchains with sales of $102.67 million, an increase of 23.45% from last week’s $86.46 million. The network recorded $12.54 million in wash trades, bringing the total amount to $115.21 million. The number of buyers rapidly increased by 71.47% to 33,535 people.
Base fell to second place with $13.2 million, down 13.73% from the previous week's $15.56 million. Blockchain recorded $5.03 million in wash transactions with 226,471 buyers, an increase of 138.32%.
Bitcoin fell to third place with $10.11 million, down 27.76% from last week's $14.04 million. The network had 8,388 buyers, an increase of 163.11%.
Source: Blockchain by NFT sales volume (CryptoSlam)
Mythos Chain remained in 4th place with $8.23 million, up 5.10% from last week's $12.86 million. Blockchain attracted 23,647 buyers, an increase of 147.15%.
BNB Chain (BNB) came in fifth place with a decline of 6.75% to $6.51 million. Blockchain buyers were 21,523, an increase of 234.68%.
Solana (SOL) secured 6th place with $5.4 million, down 24.56% from last week's $7.58 million. The network recorded 21,884 buyers, an increase of 129.10%.
Bored Ape Yacht Club #1878 led the private sale for $1.65 million (400 ETH) and was sold 6 days ago.
Four CryptoPunks round out the top five.
- CryptoPunks #854 was sold 6 days ago for $195,823.70 (47.46 ETH)
- CryptoPunks #5054 was sold 5 days ago for $194,037.84 (47 ETH)
- CryptoPunks #8746 was sold 5 days ago for $193,859.75 (46.69 ETH)
- CryptoPunks #9537 was sold 3 days ago for $192,416.83 (46 ETH)
read more: Bitcoin ETF outflows surge after recent liquidation
