Ethereum leads NFT sales despite market dip
03/23/2024 02:41Ethereum remains the top NFT platform despite a 63% sales dip in the last 24 hours, followed by Bitcoin and Solana.
Ethereum retained its position as the leading blockchain in non-fungible token (NFT) sales for the third consecutive day to close the week, CryptoSlam data shows.
Ethereum sales dipped by 63% on Friday, falling from Thursday’s US$32.81 million which was boosted by a single CryptoPunk NFT selling for US$16.38 million.
Following Ethereum, Bitcoin and Solana ranked second and third, with sales volumes of US$7.99 million and US$6.10 million respectively in the same period.
Bitcoin experienced a 23% decrease in sales volume. This is the first time Bitcoin NFTs fell below US$10 million this week.
Solana sales fell 7.62%.
These figures reflect a market that, while experiencing a general downturn, still sees fluctuations in activity across different blockchains.
BNB Chain had one of the strongest performances on Friday with a 12% sales increase to US$1.22 million. Its “lucky start” collection accounted for US$668,236 of those sales.