Weekly NFT Sales Witness Minor Dip, Bitcoin Remains Supreme

Non-fungible token (NFT) sales saw a 1.31% decline to $308.23 million this week, with Bitcoin leading among 21 blockchains. The priciest NFT, an Ethereum-based RBX Voucher, fetched $741,910. Despite a slight dip, the market remains robust, witnessing a 48% month-over-month revenue increase, reaching $1.71 billion in total NFT sales.

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NFT sales encountered a minor setback, declining by 1.31% to $308.23 million this week. Notably, Bitcoin retained its dominance, marking a 4.10% uptick in sales, reaching $138.58 million. Ethereum secured the second spot with $69.51 million in NFT sales, while Solana experienced a 32.60% downturn, reporting $49 million in sales.

The highest-priced NFT this week was the Ethereum-based RBX Vesting Voucher #42, fetching $741,910, followed by an ORDI BRC-20 NFT selling for approximately 9.72 BTC or $428,277. The Uncategorized Ordinals compilation led in collections, contributing $52.15 million in sales.

Despite the slight dip, the market remains robust, witnessing a 48% month-over-month increase, with total NFT sales reaching $1.71 billion. The week’s standout performers include Polygon with a 147.24% surge, contributing $21.36 million, and Avalanche reporting $8.6 million in sales, a significant rise of 102.04%.

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