Weekly NFT sales plunge to $73.7m, Solana network sales surge | Headlines | News | CoinMarketCap

09/22/2024 23:39
Weekly NFT sales plunge to $73.7m, Solana network sales surge | Headlines | News | CoinMarketCap

The non-fungible token market has experienced a 4.2% drop in sales volume in the last seven days. This drop comes after a decent surge of 7.68% as …

The non-fungible token market has experienced a 4.2% drop in sales volume in the last seven days.

This drop comes after a decent surge of 7.68% as reported in our last weekly NFT sales column. The latest data from Cryptoslam shows that NFT sales volume in the last seven days stood at $73.75 million.

The numbers are down by 4.2% considering the $109 million sales volume in the week prior.

Even though the NFT sales volume came down to the double digits, there has been a 132% surge in NFT buyers. Cryptoslam data shows that NFT buyers stood at 521,640 while NFT sellers were 270,413.

Interestingly, NFT transactions dropped over 26% in the last seven days to 1,217,967. Let us have a detailed look at the blockchains that ruled during this period.

Ethereum and Solana top the list

As per …

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