The total number of NFT sales across over a dozen blockchains has officially exceeded $36 billion according to statistics. Although there are many competing blockchains providing NFTs for sale, Ethereum-based NFTs have a greater share of sales than 75%. Ronin is the most popular NFT seller, but Axie Infinity NFTs have been the best-selling for a while, and they’ve sold more than $4B worldwide.
$16 Billion All-Time Sales of NFTs, Ethereum Tops Sales by More than 75%
As the NFT industry has grown to be a multi-billion dollar business, it has made blockchain-based digital collectibles a powerful force to reckon. This week’s metrics indicate that all-time NFT sales have surpassed $36 billion to date.
The $36 billion in sales recorded on cryptoslam.io’s NFT dashboard stems from 18 different blockchains like Ethereum, Ronin, Solana, Avalanche, Wax, Polygon, and Flow to name a few. Ethereum’s $27 billion in NFT sales, however, represents 75.02% of the total number of sales across all the chains.
Ronin (USD 4B), Solana (USD 2.2B), Polygon (591M), Wax (342M), Avalanche (277M), Wax (342M), Wax ($430M), Wax ($430M), Wax ($430M), Wax ($430M), Wax ($430M), Wax ($530M), Wax ($430M), Wax ($430M), Avalanche (277M), Immutablex ($98.7M), Palm (50.5M), Tezos) ($40.4M) and Tezos (40.4M). The total NFT sales of all nine top blockchains amounts to 24.61%.
The remaining nine blockchains below Tezo’s position only represent 0.37% of the $36 billion in all-time NFT sales volume. Ethereum’s 1,300,118 NFT buyers and Ronin’s 1,742,207 NFT buyers are the only two chains with more than a million unique NFT buyers.
Axie Infinity has sold more than $4Billion of NFTs, out of the total $36 billion. Cryptopunks has the second-largest sales collection with $2.24 Billion.
Bored Ape Yacht Club is next to Cryptopunks, with $2.12B in total sales. BAYC is closely followed by Mutant Ape Yacht Club (1.52M), Artblocks (1.25M), NBA Top Shot (1M), Otherdeeds(906K), Azuki (556K), Clonex (771K), Veefriends (338K).
Most Expensive NFTs Stem from Veefriends, BAYC, Cryptopunks, Cyberkong — Opensea Still Commands the Most Amount of Sales by an NFT Marketplace
All-time sales metrics from cryptoslam.io’s dashboard indicate that the most expensive NFT sold is Veefriends’ “Thoughtful Three Horned Harpik,” which sold for 100,000 ether or $316 million. Cryptopunk 5822 is the next NFT, selling for 23.7 million ether (8,000 Ethereum)
The top ten most costly NFTs have been sold out five times, with two being Cryptopunks. Cyberkong VIII 8252 and Meebits 10761 were two other collections that made it to the most valuable NFT top ten.
Out of all the NFTs sold, most are purchased on the NFT marketplace Opensea with the market Looksrare following the platform’s lead. Other notable NFT marketplaces include Magic Eden, Flow’s NBA Top Shot market, Mobox, Solanart, Wax’s Atomicmarket, Bloctobay, and Rarible.
NFTs sold for billions in recent weeks have seen a drop in sales. The weekly NFT trade volume is down, and the weekly NFT sales are also falling over these past weeks. The NFT sector will have to deal with the downturn if the crypto market is in a bearish cycle.
Let us know what you think of the 18 blockchains which have sold $36 Billion in NFTs. Please comment below to let us know your thoughts on this topic.
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