In the past week, NFT sales were much higher than expected, going up by 31.22%. In just one week, NFT sales added up to $208.17 million.
This big rise can be explained by the fact that there are digital items that come from the bitcoin blockchain.
Bitcoin NFT Sales
According to data from Cryptoslam.io gathered on 14 May 2023, Bitcoin NFT sales across 21 distinct blockchains have emerged as a major contributor to the digital collectibles landscape.
Despite the fact that Ethereum continues to dominate the market with $111.26 million. However, Bitcoin-based NFTs, also known as straightforward fiat, took second place.
According to the data, Bitcoin NFT sales reached $53,433,451. In terms of blockchain sales, it thus ranks second among the 21 chains.
In the past week, the price of Bitcoin collectibles increased by an astounding 187.54 percent. In addition, the value of Mythos Blockchain’s collectibles increased by 69.66% to $11.73 million. This increase propelled Mythos to the third position in terms of volume among the leading blockchains.
Solana, which previously held the second-largest position in terms of NFT sales per blockchain, now rates fourth.
In the past seven days, Solana’s revenue was $8,789,106, representing a decrease of 21.16 percent from the previous week. Polygon ranked fifth with earnings totaling $7.79 million, a decrease of 7.07%.
Data from CryptoSlam shows that “unclassified ordinals,” which are basically random ordinals that aren’t part of any collection, are the most popular digital items. The number of sales for Unclassified Ordinal was $15.62 million.
This week, the second place went to the Ethereum-based Bored App Yacht Club (BAYC), which made $13.80 million in sales over the past seven days. The Mythos chain’s Dmarket collection came in third place. Most of the Mythos NFT sales came from deals in the Dmarket collection.
ORDI BRC-20 tokens sold $11,044,110 in weekly sales, placing fourth, while Ethereum’s Milady Maker collection sold $10,376,102, ranking fifth. Over the past week, bitcoin-based Space Peps’ sales rose 2,142.35% to $4,607,834.
The week’s most expensive sale was a series NFT sold for $4.5 million. The remaining five most valuable NFT sales over the past week were all Unclassified Ordinals.
Content Source: nftevening.com
The post Last week’s NFT sales skyrocketed by 31% appeared first on NFT News Pro.