NFT Market See a Surge in Buyers and Sales, Ethereum (ETH) Maintains Dominance

NFT sales volume has surged past $107 million. NFT buyers have also grown significantly, reaching 488,141. This marks an impressive 89.56% increase.

NFT sales have surged past $107 million, marking a remarkable 89.56% increase in buyers. At the same time, sales rose by 69.8%, totaling 198,450. This rise in both buyers and sellers indicates a more active and engaged market.

Solana and Bitcoin show growth, Ethereum leads

In the NFT market, Ethereum (ETH) still holds the top position. With the assistance of 35,236 buyers, $36.6 million in sales were recorded. Buyers increased by 46.31% from the previous week.

Solana emerged as a strong competitor with revenues of $26.15 million and a growth in buyers of 114.07%.

Bitcoin (BTC) also saw growth in its NFT market. Sales reached $21.4 million, driven by a remarkable 222.29% increase in buyers. This surge highlights Bitcoin’s growing presence in the NFT space.

Among the top NFT collections, Solana Monkey Business stands out with $4.86 million in sales. This represents a 168.38% increase. There was also a notable increase in buyers and transactions for the collection. The DMarket collection on the Mythos blockchain followed with $4.01 million in sales.

Immutable’s Gods Unchained Cards also saw strong performance, with $3.8 million in sales. This reflects a 61.35% increase. The collection experienced notable growth in transactions and buyers, showing increased interest in blockchain-based trading cards.

Best-selling fan tokens and NFTs

In individual sales, Ethereum’s Autoglyphs #167 led with a sale of $274,561. Bitcoin’s Protoshrooms followed at $148,574. Other notable sales included BNB’s kNFT: Locked kUSDT and Arbitrum’s Umoja Synths, showcasing the variety of NFTs across different blockchains.

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