Bitcoin and Ethereum Fuel $158 Million in NFT Sales
NFT sales hit $158 million in the past week, which is a bit lower than the previous week’s $181 million. The big players in these sales are Ethereum and Bitcoin.
According to CryptoSlam, the NFT market is going strong, even though there was a slight dip compared to the previous week. But hey, these sales are still way higher than they were earlier in November. Sales volumes have increased by a whopping 69% since the beginning of the month.
Ethereum continues to dominate the NFT sales volume, raking in $49 million last week, although that’s a 25.9% drop from the week before. In second place is Bitcoin with $43 million in sales, a decrease of 29%.
Solana held on to its third-place position with $23.9 million in sales, a 9% decrease from the previous week. Other blockchains like Polygon, Mythos Chain, Immutable, and BNB Chain contributed to a total of $35.8 million in sales.
Solana really stood out in terms of NFT buyers, with over 185,000 buyers in the past week. That’s a significant increase from the 117,000 buyers the week before. Looks like Solana is the place to be for NFT enthusiasts!
