NFT Sales Surge to $129.1 Million, Pudgy Penguins Rebound by 15%
The NFT sector has experienced impressive growth, with sales volume increasing by 8.13% to $129.1 million. This marks the third week in a row of positive growth, despite the overall downturn in the crypto market.
Summary
- NFT sales rose by 8% to $129.1 million, achieving three weeks of consecutive growth
- Market activity surged, with buyers more than doubling and sellers increasing by 140%
- BNB Chain climbed to second place in blockchain rankings, showing nearly 200% growth
Data from CryptoSlam indicates that market engagement has expanded, with NFT buyers increasing by 112.37% to 587,381, and sellers rising by 140.76% to 496,112. However, NFT transactions have seen a decline of 7.99% to 2,088,311.
The market remains volatile as Bitcoin (BTC) has dropped to around $119,000, while Ethereum (ETH) has fallen to the $4,000 mark.
The global crypto market capitalization is currently at $3.78 trillion, down from last week’s $4.04 trillion.
BNB Chain Rises to Second Place
Ethereum continues to hold the top position with $45.2 million in sales, showing slight growth of 1.49%. The wash trading in Ethereum has decreased by 10.26% to $8.9 million.
BNB Chain (BNB) has ascended to second place with $25.5 million, marking a significant 197.21% growth.
Base has moved up to third place with $13.7 million, experiencing a small decline of 0.02%. Mythos Chain remains in fourth with $11 million, down by 11.11%.
Bitcoin stands in fifth place with $7.8 million, down 25.73%, while Immutable (IMX) is sixth with $6.3 million, a decline of 24.83%.
Solana (SOL) is in seventh place with $5.2 million, down 28.38%, and Polygon (POL) completes the top eight with $4.1 million, declining by 29.45%.
The number of buyers has increased across the majority of blockchains, with Ethereum leading at 129.93% growth, followed by BNB Chain at 10.49% and Solana at 38.59%.
Pudgy Penguins Gain 15%
The top NFT collection on BNB Chain remains Vesting NFT with $17.9 million in sales, consistent with the previous period. This collection is largely influenced by a single seller who has 22 buyers.
DX Terminal on Base has reached second place with $8.6 million, though it has seen a 3.55% decline in sales. The collection has experienced a drop in buyers (17.18%) and sellers (16.64%).
DMarket holds third position with $5.9 million, down 17.73%. Moonbirds is fourth with $5.5 million, a rise of 30.44%.
DKTNFT on BNB Chain takes fifth place with $3.6 million, declining 3.49%. Panini America is sixth with $3.6 million, showing a 40.19% increase.
Guild of Guardians Heroes ranks seventh with $3.5 million, falling 23.82%, while Pudgy Penguins rounds out the top eight with $3.4 million, increasing by 15.21%.
Notable high-value sales this week include:
- CryptoPunks #9286 sold for 48.97 ETH ($220,299)
- CryptoPunks #6482 sold for 48.89 ETH ($218,454)
- CryptoPunks #2406 sold for 48.85 ETH ($217,892)
- BOOGLE sold for 950 SOL ($205,400)
- CryptoPunks #3091 sold for 48 ETH ($201,125)