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The NFT market has shown strength amid cryptocurrency market volatility, according to the latest data from CryptoSlam.
The total sales volume reached receipt $302.2 million – a significant increase of 32.93%. This is a clear increase from last week Sales of $224 million.
This increase was accompanied by a growth in market participation. Market metrics show strong expansion across all major indices:
- NFT buyers nearly doubled with a 92.39% increase to 349,972
- NFT sellers grew significantly by 77.18% to 207,672
- NFT transactions showed a healthy growth of 7.28% to reach 1,651,950.
Ethereum’s dominance is strengthening
Ethereum (Ethereum) The NFT blockchain showed a strong performance, with sales volume rising to $199.9 million. This is an increase of 73.56% in the past seven days.
The network attracted 44,220 buyers, representing a growth of 39.73%.
It is worth noting that wash trading more than doubled with a 122.67% increase to $105.1 million, indicating increased market activity.
Bitcoin (Bitcoin) The NFT ecosystem takes second place, down 23%, with a sales volume of $39.7 million. However, the network is showing decent growth in user engagement with 38,987 buyers.
Solana (Sol) consolidated its third position with sales of $29.9 million, showing a modest increase of 5.14%. The network continues to show strong user engagement with 104,958 buyers, representing a 108.45% increase.
Mythos Chain (MYTH) retained fourth place with sales of $10.8 million, while ImmutableX (Small and medium enterprises) and polygon (pee) completed the top spots with $6.9 million and $4.8 million, respectively.
The Pudgy Penguins led a historic run
Pudgy Penguins nearly doubled sales to $53.9 million, an increase of 90%. The expansion of its ecosystem has been accompanied by significant growth in both transactions (104% increase) and unique buyers (81% increase).
LilPudgys came in second place with sales of $19.4 million, an increase of 53.57%.
Azuki came in third place with sales of $16.9 million, a growth of 108.19%.
Doodles entered the top five with sales of $13.4 million, showing a growth of 226.08%, while BRC-20 NFTs made the top five with sales of $9.2 million.
Notable individual sales this week include:
- Pudgy Penguins #4611 sold for $493,925 (125 ETH)
- CryptoPunks #6036 sold for $444,019 (110 ETH)
- Pudgy Penguins #7891 sold for $395,140 (100 ETH)
- Azuki No. 6872 sold for $380,659 (108 ETH)
- Azuki No. 6536 sold for $372,866 (95.4774 ETH)
Bitcoin is currently trading at around $97,450.
Ethereum also rebounded to $3,400 from its recent low of $3,098. It is currently trading at around $3,403.48. The global cryptocurrency market cap currently stands at $3.41 trillion, showing a decline from $3.63 trillion last week.
