NFTs Weekly Sales Skyrocket
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Non-fungible tokens (NFTs) experienced a significant surge in weekly sales volume, reaching $181 million.
This 94% increase compared to the previous week was fueled by the rising Bitcoin and broader cryptocurrency market.
Ethereum remained the dominant blockchain for NFT sales, accounting for $67 million, followed closely by Bitcoin with $60 million.
Other notable blockchains included Solana, Mythos Chain, Immutable, Polygon, and BNB Chain, collectively contributing $45.5 million to the weekly sales volume.
In addition to the volume increase, the average value of NFT transactions also saw substantial growth. The average NFT sale reached $133.08, representing an 87% jump from the previous week’s average of $71.11.
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