NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises  – News Bitcoin News

The volume of non-fungible token sales improved last week. This was despite the fact that they had been falling week after week. This week, NFT sales are down 2.15% from last week’s $544.6 million to this week’s $539.2 million. Azuki’s collection of collectibles was the top NFT item in weekly sales, with a 318% increase in sales in the past seven days.

Weekly NFT Sales Fall 2%. Cronos and Solana NFT Sale Spike

According to data from NFT economy, sales fell by 2.15% this week. According to statistics, NFT sales in 16 blockchain networks totaled $539.2 millions this week. Metrics from cryptoslam.io show that the blockchain Ethereum captured most of the week’s sales with $443 million settled. This week, however, Ethereum’s NFT sales fell by 7.3%.

Cronos has been the top-selling blockchain for NFT this week, with $1.3million in NFT sales. This is an increase of 236% in seven days. Following Cronos was Solana’s sales, as $44.7 million in NFT sales stemmed from the Solana network. Solana-based NFT sales are up 96% this week, which is followed by Binance Smart Chain’s 86% sales increase this week. In terms of 7-day NFT sales, the biggest losers are the Blockchain Polygon which dropped 51% and Waves which saw a drop of 92%.

Azuki Collection Takes the Top Sales Position This Week, Art Blocks’ NFT Fidenza #692 Sells for $993K

Azuki was this week’s top selling collection, with $50.2million in seven-day sales. Azuki’s NFT sales were followed by Bored Ape Yacht Club ($45.9M), Mutant Ape Yacht Club ($38.9M), and World of Women Galaxy ($36.1M) in terms of total weekly sales volume. Notable NFT collections this week include Muri, Crabada and Clonex as well as World of Women (WoW), Cryptopunks as well as the Bored Ape Kennel Club.

NFT Fidenza 692 from Art Blocks NFT was this week’s top selling NFT. It sold three days earlier for 320 ether, or $993K. Two days ago, Cryptopunk #7971 was sold for 235ether or $733K. Bored Ape Yacht Club #3250 traded hands for 250ether or $720K at the start of the week. Additionally, the ‘Queen of Pop’ Madonna recently acquired Bored Ape #4988 for 180 ether or $564K at the time of settlement, and the American rapper Wiz Khalifa bought Bored Ape #1506 for 115 ether or $364K.

What do you think about the week’s NFT sales action? Please comment below on your views.

Jamie Redman

Jamie Redman is the News Lead for Bitcoin.com News. He also lives in Florida and works as a journalist covering financial technology. Redman is an active participant in the cryptocurrency community from 2011. Redman is passionate about Bitcoin and open-source codes. Redman has contributed more than 5,000 articles to Bitcoin.com News since September 2015. These articles are about disruptive protocols that are emerging.