NFT Sales Rise +10% To $115M This Week – InsideBitcoins

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The non-fungible token market has seen significant growth this week and is projected to continue expanding in the coming weeks. In the past seven days, the global NFT market has recorded a sales volume of $115 million, up 10% from the past week. The global NFT market surge appears amid the crypto market rally, which has left the flagship crypto “Bitcoin (BTC)” approaching its initial all-time highs. In this article, we shall explore the full state of NFTs this week.

NFT Sales Rise 10% This Week

Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and multi-chain non-fungible token collection explorer, shows that the NFT market has recorded positive gains again this week. In the past seven days, the global NFT market has attracted a trading sales volume of $115 million, up 10.85% from the past week. The NFT market recorded $106 million last week.

NFT sales this week

Ethereum, the blockchain network renowned in the NFT market for powering most of the blue-chip NFTs, is this week’s most-traded blockchain network in the NFT market. In the past seven days, the Ethereum-based NFT collections have amassed a trading sales volume of $37 million. During this period, the Ethereum-based NFT trading sales volume has surged by 55% from the past week.

Polygon, an Ethereum scaling solution blockchain network, is this week’s second-most-traded blockchain network in the NFT market. In the past seven days, the Polygon-based non-fungible token collections have amassed a trading sales volume of $19 million. During this period, the Polygon NFT trading sales volume has plunged by 6.29% from the past week. Polygon’s NFT has been fueled by the Courtyard NFT explosion.

NFT sales volume by chains this week

Source: CryptoSlam

Mythos Chain, the Ethereum Virtual Machine EVM -compatible blockchain network that ensures secure and efficient transactions in the Mythos NFT gaming ecosystem, is this week’s third most-traded blockchain network in the NFT market. In the past seven days, the Mythos Chain-based NFT collections have recorded a trading sales volume of $15 million. During this time, the Mythos Chain NFT sales volume has surged by 0.03% from the past week.

Bitcoin, the blockchain network renowned in the NFT market for powering the popular Ordinals and BRC-20 NFT collections and known for hosting the flagship crypto Bitcoin, is this week’s fourth most-traded blockchain in the NFT market. In the past seven days, the Bitcoin-based NFT collections have raised a trading sales volume of $13 million. During this time, the Bitcoin NFT trading sales volume has surged by 4.89% from the past week.

Solana, an open-source blockchain network that supports smart contracts, including non-fungible tokens and a variety of decentralized applications, is this week’s fifth most-traded blockchain network in the global NFT market. In the past seven days, the Solana-based NFT collection has amassed a trading sales volume of $7.9 million. During this period, the Solana NFT trading sales volume surged by 5.72% from the past week.

Five Top Selling NFTs This Week

1. Courtyard NFT Collection

Courtyard, a non-fungible token collection featuring a limited edition of 80,461 unique digital items living on the Polygon blockchain network, is this week’s most-selling non-fungible token collection in the NFT market. In the past seven days, the Courtyard NFT collection has recorded a trading sales volume of $17 million. During this time, the Courtyard NFT trading sales volume has plunged by 1.84% from the past week.

2.DMarket NFT Collection

DMarket, a renowned non-fungible token collection that features in-game virtual items from the popular online NFT games, like Counter-Strike, Rust, and Dota 2, is this week’s second most-selling NFT collection in the NFT market. In the past seven days, the DMarket NFT collection has raised a sales volume of $10 million. During this time, the DMarket NFT sales volume rose by 0.73% from the past week.

Top selling NFTs this weekTop selling NFTs this week

Source: CryptoSlam

3. Doodles NFT Collection

Doodles, a non-fungible token collection from the digital artist Burnt Toast featuring a fixed set of 10,000 cartoon NFTs hosted on the Ethereum blockchain network, is this week’s third most-selling NFT collection in the NFT market. In the past seven days, the Doodles NFT collection has recorded a trading sales volume of $5.6 million. During this period, the Doodles NFT sales surged by 491% from the past week. This massive market surge was fueled by the $DOOD airdrop.

4. Guilds Of Guardians Heroes NFT Collection

Guild of Guardians Heroes, a non-fungible token series from the Guild of Guardians, an action, mobile role-playing game that allows players to role-play as heroes and go through dungeons to gather redeemable resources, is this week’s fourth most-selling NFT collection in the global NFT market. In the past seven days, the Guild of Guardians Heroes NFT collection has recorded a sale volume of $5.5 million.

5. CryptoPunks NFT Collection

CryptoPunks, a globally acknowledged non-fungible token collection featuring a fixed supply of 10,000 pixilated NFTs hosted on the Ethereum blockchain network, is this week’s fifth most selling NFT collection in the NFT market. In the past 24 hours, the CryptoPunks NFT collection has amassed a trading sales volume of $3.6 million. During this time, the Punk NFT trading sales volume surged by 36% from the past week.

The NFT Market Prediction – Expect Another Bull Run In 2025

Many industry experts in the global NFT market are optimistic that NFTs will experience another significant price increase. Crypto Kaleo, known for his insightful analysis of the cryptocurrency landscape, has predicted that there will be another major bull market for non-fungible tokens. In a tweet that has sparked discussions among investors and analysts, he claims the upcoming bull run market will dwarf the 2021-2022 boom, creating unprecedented opportunities in the NFT space.

The crypto and NFT market analyst expresses confidence that the forthcoming NFT season will be so impactful that it will make previous market peaks seem negligible in comparison. This optimism stems from a few key factors, including the growing adoption of NFTs in various industries beyond just art and collectibles, as well as ongoing innovation and development within the global NFT space.

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