The past week witnessed a significant rise in non-fungible token (NFT) sales, with transactions amounting to $442.02 million, marking an 11.62% increase compared to the previous seven days. Leading the surge were NFTs based on Bitcoin, which dominated sales volume across 22 different blockchains.
The standout transaction of the week was the sale of the ‘Alien’ Cryptopunk #3,100, featuring a distinctive headband, which fetched an astonishing $16 million. Bitcoin-based collectibles transactions led the charge, accumulating $166,090,817 in sales, representing a notable 14.26% increase from the previous week, according to data from cryptoslam.io.
Collections such as Uncategorized Ordinals and Nodemonkes on the Bitcoin blockchain made significant contributions, with sales reaching $41.46 million and $37.02 million, respectively. The Natcats Tap collection also made an impact, generating $11,227,067 in sales. Ethereum-based collectibles transactions closely followed, registering the second-highest sales at $165,264,274.
Cryptopunks emerged as the top collection on the Ethereum blockchain, with weekly sales totaling $27,041,685. Additionally, Bored Ape Yacht Club (BAYC) and Pudgy Penguins made substantial contributions to Ethereum’s success, with sales ranging between $11,210,023 and $10,978,077. Overall, Ethereum sales saw an 11.72% increase from the preceding week.
Other blockchains, including Solana, BNB Chain, and Mythos Chain, also experienced notable activity in NFT sales. The Blast blockchain witnessed the most significant weekly growth, surging by 196.64% to reach $5,306,912 in sales. The sale of the ‘Alien’ Cryptopunk #3,100 for $16 million marked the pinnacle of the week’s transactions.
Notable sales on Solana included Boogle #071, which sold for $355,368, and an Uncategorized Ordinal NFT, which fetched $353,833. Furthermore, a significant auction took place on Friday, with the largest Ordinal inscription, the Runestone, fetching 8 BTC ($544,713). Leonidas, the creator of Runestop, announced that all proceeds from the auction would support the network fees for the Runestone airdrop initiative.
The past week witnessed a surge in NFT transactions, with Bitcoin-based NFTs leading in sales volume. Ethereum-based NFTs closely followed, with collections like Cryptopunks and Bored Ape Yacht Club driving sales on the Ethereum blockchain.
As interest in NFTs continues to grow, various blockchains are experiencing increased activity, highlighting the expanding landscape of digital collectibles and unique assets in the cryptocurrency space. The sale of the ‘Alien’ Cryptopunk #3,100 for $16 million serves as a testament to the growing value and popularity of NFTs in the digital marketplace.