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NFT Market Sales Climb 16% Higher in third week of January

NFT Market Sales Climb 16% Higher in third week of January

At the end of the third week of January 2023, NFT sales assets climbed by 16.39%. This week, there were 320,580 buyers on the NFT market, which is 43.48 percent more than last week. In the past week, NFTs worth a total of $256.69 million were sold, of which $206.06 million were based on Ethereum.

The NFT market is dominated by Ethereum, while Theta, Fantom, Palm, and Wax, which all use blockchains, see the most sales growth.

The sales of non-fungible tokens (NFTs) totaled $256.69 million in the last week, according to data from cryptoslam.io. This means that digital ownership will continue to grow until 2023. This is 16.39% more than the number of NFT transactions from the week before, and it includes 1,355,376 NFT transactions. There were a total of 320,580 buyers at the market, which is 43.48 percent more than the week before.

Ether sold most last week

Out of the 20 different blockchain networks, Ethereum (ETH) had the most sales in the last week, with $206,06 million. ETH-based NFT sales rose by 24.78 percent in the last week. With $36,378,730 in NFT sales this week, Solana (SOL) is the second-best blockchain in terms of NFT sales. Even so, sales of Solana NFT were down 10.44% from the week before.

This week, the blockchains with the biggest seven-day gains in NFT sales were Theta (up 239%), Fantom (up 144%), Palm (up 97%), and Wax (up 73%). This week, people bought the most copies of Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC), Bored Ape Kennel Club (BAKC), Azuki, and Otherdeed.

Seven days ago, Bored Ape Yacht Club #4,025 was sold for $613,000. Five days ago, Cryptopunk #7,674 was sold for $451,000. Three days ago, Cryptopunk #7,644 was sold for about $418,000. At 10 a.m. Eastern Time on Sunday, January 22, 2023, nftpricefloor.com data showed that Cryptopunks had the highest floor value of 66.69 ETH, while BAYC’s floor was just below at 66.247 ETH.

About MahKa

MahKa loves exploring the decentralized world. She writes about NFTs, the metaverse, Web3 and similar topics.

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