Continued Resilience of the NFT Market Sees 1.23% Increase In Sales – Ethereum Dominates with 81%

Published:

Non-Fungible Token (NFT) sales remain quite resilient, with a 1.23% increase to $232.49 million in gross sales. The two biggest NFT collections, Otherdeed and Doodles, compared to the previous week, saw growth of 44% to 58%. Ethereum NFTs continue to be the dominant force, accounting for 81% of all NFT gross sales last week with $188.51 million in NFT gross.

7-day NFT Gross Sales Surge; Otherdeed, Doodles See Progress From 44% – 58%

NFT gross sales are flat this week and throughout February 2023: $39.72 million in sales have been recorded to date. Over the last seven days, NFT gross sales increased by 1.23% to $232.49 million, a rise of 1.23% compared to the preceding week.

In that time, there was an increase in NFT gross sales of 481,917 customers, which was 19.30% more than the week before. In addition, 1,390,784 NFT transactions were processed, representing a 3.21% increase over the previous week. Of the total $232.49 million in gross sales, the Ethereum network accounted for the largest share of the 20 listed blockchain networks on cryptoslam.io.

Ethereum accounted for 81% of all NFT gross sales, or approximately $188.51 million in sales. The second-largest NFT blockchain gross sales was Solana, however this saw a 2.65% decrease in transactions compared to the previous week, with $27.40 million in gross sales. Immutable X ranked third in NFT gross revenue, with gross sales increasing 37.85% to $4.5 million.

Related articles

Recent articles