Weekly NFT sales rise to $85.9m, Ethereum network leads the pack

The non-fungible token market has undergone a 10.10% surge in sales volume in the last seven days.

The present data acquired from Cryptoslam shows that NFT sales volume surged in the last seven days and stands at $85.97 million.

The numbers are higher in comparison to the weekly NFT sales in the last two weeks of September.

Alongside the rise in the NFT sales volume, there has been a 21.73% surge in NFT buyers. As per the latest data, NFT buyers rose to 794,763, and the NFT sellers came down to more than half at 377,711.

Supporting the rise in NFT sales volume, NFT transactions pumped by over 64.72% in the last seven days to 1,2956,201. We will take an in-depth look at the networks that have done the top sales during this time.

Ethereum stands tall in the leaderboard

Weekly NFT sales rise to $85.9m, Ethereum network leads the pack - 1 — Source: Blockchains by NFT Sales Volume (CryptoSlam)

According to Cryptoslam data, Ethereum (ETH) has stood tall at the first ranking with $27.48 million in NFT sales volume.

However, $3.3 million worth of the sales accounted for wash trading. The number of Ethereum NFT buyers rose by 12.49% and stood at 55,859.

Bitcoin (BTC) ranks second on the list with $12.62 million in total sales. However, there has been a 40% drop in the sales during the last seven days.

Solana (SOL) stands in the third position with $11.8 million in sales. Mythos Chain (MYTH), Polygon (POL) and Binance Coin (BNB) bagged the next spots with $11.8 million, $10.6 million and $3.35 million in sales, respectively.

Bitcoin and Solana accounted for $887,810 and $701,810 in wash trading. The highest number of buyers were recorded for Solana, which stood at 393,044.

DMarket records highest sales

Weekly NFT sales rise to $85.9m, Ethereum network leads the pack - 2 — NFT Collection Rankings by Sales Volume (CryptoSlam)

DMarket is the NFT collection that has recorded the highest sales in the last seven days. The sales stood at $11.29 million, which happened in over 396,801 transactions.

Guild of Guardians made it to the second position with $3.19 million in sales in over 5389 transactions. Third on the list is Ethereum-based CryptoPunks. CryptoPunks recorded a sales volume of $2.89 million during this period.

Talking about the top NFT collectible sales, here are the top NFT sales that happened during this period:

Autoglyphs #209 sold for $240,347.95 (99 ETH).
Known Origin #70104 sold for $200,000 (200,000 USDC).
Autoglyphs #512 sold for $160,000 (160,000 USDC).
Autoglyphs #293 sold for $150,008.23 (56 WETH).
Beeple Special Edition #100030016 sold for $123,542.80 (50 WETH).