This week, the total volume of non-fungible token (NFT) sales hit $302.2 million, marking a 32.93% increase compared to the $224 million recorded last week.
According to data from CryptoSlam, the number of NFT buyers nearly doubled over the past seven days, rising by 92.39% to 349,972. The number of sellers grew by 77.18%, reaching 207,672. A total of 1.65 million NFT transactions were conducted, a 7.28% increase from the previous week.
Ethereum emerged as the most popular blockchain for NFT transactions. Sales volume on the network rose by 73.56% to $199.9 million this week, with the number of buyers increasing by 39.73% to 44,220.
Bitcoin’s blockchain ranked second, although its sales volume dropped by 23% to $39.7 million. The number of buyers on the network surpassed 39,987.
Solana ranked third with a modest growth of 5.14%, achieving $29.9 million in sales. However, the blockchain continues to show strong user engagement, as the number of buyers jumped by 108.45% to 104,958 over the week.
The most popular NFT collection of the week was Pudgy Penguins, with sales surging to $53.9 million, representing a 90% increase compared to the previous year. LilPudgys came in second with $19.4 million in trading volume, reflecting a 53.57% increase. Azuki claimed third place, showing a 108.19% rise in sales to $16.9 million.
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