Soaring 138% Sales of Non-Fungible Tokens Last Week – Market Update & Price Trends


The amount of non-fungible tokens (NFTs) sold saw a large jump of 138.15% in the past week, compared to the one before. According to figures recorded on the final Friday of February 24, 2023, $801 million was liquidated in NFT gross sales.

Ethereum Digital Collectibles and Mutant Ape Yacht Club Lead in NFT Sales Increase

Although there was a general decrease in digital asset prices last week, NFT gross sales still experienced a notable surge. Compared to the previous seven days, NFT gross revenue rose by 43%, but an even larger 138.15% rise was recorded over the last week. This resulted in $801 million in NFT gross revenue being sold. Additionally, the number of NFT buyers also increased by 34.7% compared to the previous week.

Ethereum NFT gross sales dominated the market in the last seven days, accounting for $762 million of the total gross sales. Solana followed with $17.717.911, and Ethereum saw a 162.67% increase in gross sales. Solana’s NFT gross revenues, however, fell by 1.86%. Aside from this decline, the rankings of the top 10 blockchains in terms of gross sales remained unchanged over the week. The top NFT selection by gross sales last Friday was Mutant Ape Yacht Club (MAYC), with a 444.58% increase over the previous week. This resulted in over $92 million in settled gross sales.

NFT sales soar 138% last week, Blur Market dominates ETH-based NFT sales this week
The Five of the most expensive NFTs are available within the last seven days.

Otherdeed, Bored Ape Yacht Club (BAYC), Azuki, and Moonbirds all saw a 65% increase in sales over the last seven days. Openen Edition, the sixth largest selection in terms of weekly gross sales, saw a 5,235.80% increase from last week. This brought in $3759,913 in liquidated sales. New NFT markets have been made possible by ETH-based NFT marketplaces such as Blur, which captured 81% of the NFT market share in settled net sales in the past week. Opensea accounted for 13.6% of total NFT gross sales for the seven-day period. Following Blur and Opensea were X2Y2, Immutable X Marketplace, and Looksrare. This week, Cardano’s JPG

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