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NFT Sales Surged 7% Past Week – Here’s This Week’s NFT Market Prediction

July 8, 2024
NFTs
6 min

The global non-fungible tokens (NFT) market is showing signs of revival after a severe downturn, with a notable 7.69% surge in sales over the past week. According to data from CryptoSlam.io, the NFT market recorded a trading volume of $108 million, driven by a 20% increase in the number of investors. Ethereum led the charge with a 15% rise in sales, while Solana and Polygon also saw significant activity. As the market regains momentum, the coming weeks could bring further positive developments, potentially setting the stage for a bullish trend by year-end. Dive in to explore the latest trends and predictions in the NFT market.

NFT Sales Rise 7.69% This Past Week

Data compiled by CryptoSlam.io, an on-chain crypto market aggregator and a multi-chain non-fungible token explorer, indicates that the global non-fungible token market has lightly surged this past week. In the past seven days, the NFT market has recorded a trading sales volume of $108 million, representing a 7.69% surge from the past week.

During this period, the number of investors buying non-fungible token collections has increased by 20% from the previous week. In the past seven days, the global NFT market has seen nearly a million collectors buying NFTs, pushing the number of NFT transactions above 1.5 million.

Top Blockchain Networks in NFT Trading

Ethereum: The Dominant Force

Ethereum, the blockchain network renowned in the NFT market for hosting most blue-chip non-fungible token collections, was past week’s top traded NFT blockchain network. In the past seven days, the Ethereum-based NFT collections amassed a trading sales volume of $36 million. Ethereum NFT sales volume surged 15% last week from the previous week.

Solana: A Rising Star

Solana, a public, open-source blockchain that supports smart contracts, including non-fungible tokens and a variety of decentralized applications, was past week’s second most-traded network in the NFT ecosystem. In the past seven days, the Solana-based NFT collections have amassed a trading sales volume of $22 million, representing a 35% surge from the previous week.

Polygon: The Ethereum Scaling Solution

Polygon, an Ethereum scaling solution blockchain network, was past week’s third most-traded blockchain network in the NFT ecosystem. Polygon-based NFTs have amassed a trading sale volume of $19 million in the past seven days. Polygon NFT trading sales fell 5.14% last week from the previous week.

Bitcoin: The Ordinals and BRC-20 Powerhouse

Bitcoin, the blockchain network renowned in the NFT market for powering Ordinals and BRC-20 non-fungible token collections, was past week’s fourth most-traded blockchain network in the NFT ecosystem. In the past seven days, the Bitcoin-based NFT collections have recorded a sales volume of $15 million, representing a 15.40% drop from the previous week.

Ten Top Selling NFTs In The Past 7 Days

1. DMarket NFT Collection

DMarket, a non-fungible token collection from the virtual asset market platform DMarket hosted on Mythos Chain, was past week’s most-selling NFT collection. In the past seven days, the DMarket has recorded a trading sales volume of $3.8 million. DMarket NFT sales have plunged 8.61% this past week from the previous week.

2. Pudgy Penguins NFT Collection

Pudgy Penguins, a non-fungible token collection from the digital asset firm and toy brand Pudgy Penguins featuring a limited supply of 8888 NFTs hosted on the Ethereum blockchain network, was past week’s top-selling NFT collection. In the past seven days, the Pudgy NFT collection has recorded a trading sales volume of $3.4 million, representing a 6.40% rise from the previous week.

3. Bored Ape Polygon NFT Collection

Bored Ape Polygon, a non-fungible token collection featuring a limited supply of 10,000 NFTs hosted on the Polygon blockchain network, was past week’s third most-selling NFT collection. In the past seven days, the Bored Ape Polygon NFT collection has raised a trading sales volume of $3.1 million. Bored Ape Polygon NFT sales surged 126% last week from the previous week.

4. DogeZuki NFT Collection

DogeZuki, a non-fungible token collection with a fixed set of 2,800 Shiba Inu-inspired NFT items hosted on the Solana blockchain network, was past week’s fourth most-selling NFT collection. In the past seven days, the DogeZuki NFT collection has raised a sales volume of $3.16 million. DogeZuki NFT sales volume has surged 15% past week from the previous week.

5. Mad Lads NFT Collection

Mad Lads, a non-fungible token collection from the infrastructure development project Backpack that features a limited supply of 10,000 NFTs hosted on the Solana blockchain network, was past week’s fifth most-selling NFT collection. In the past seven days, the Mad Lads NFT collection has attracted a trading sales volume of 3.04 million, representing a 5.78% rise from the previous week.

6. Guild Of Guardian NFT Collection

Guild of Guardian, a non-fungible token collection from Guild of Guardians, a mobile RPG where players take teams of heroes through challenging dungeons to collect resources, was past week’s sixth most-selling NFT collection. In the past seven days, the Guild of Guardians NFT collection has recorded a trading sales volume of $2.6 million. The Guild of Guardians NFT sales volume plunged 18.84% past week from the previous week.

7. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, an all-time top-selling NFT collection from the digital asset firm Yuga Labs with a limited supply of 10,000 NFTs hosted on the Ethereum blockchain network, was past week’s seventh most-selling NFT collection. In the past seven days, the Bored Ape NFT collection has attracted a trading sales volume of $2.6 million. The Bored Ape NFT trading sales volume has fallen 21.21% this past week from the previous week.

8. Sea Dragon NFT Collection

Sea Dragon, a non-fungible token collection featuring a limited edition of 10,000 NFTs hosted on the Polygon blockchain network, was past week’s eighth most-selling NFT collection. In the past seven days, the Sea Dragon NFT series has raised a trading sales volume of $2.5 million.

9. Bitcoin Puppets NFT Collection

Bitcoin Puppets, a non-fungible token collection featuring a fixed supply of 10,000 NFTs created on the Bitcoin blockchain network using the Ordinal theory, was past week’s ninth most-selling NFT collection. In the past seven days, the Bitcoin Puppets NFT collection has raised a trading sales volume of $2.2 million. Bitcoin Puppets NFT sales fell 18% past week from the previous week.

10. NodeMonkes NFT Collection

NodeMonkes, another non-fungible token collection featuring a limited edition of

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The global non-fungible tokens (NFT) market is showing signs of revival after a severe downturn, with a notable 7.69% surge in sales over the past week. According to data from CryptoSlam.io, the NFT market recorded a trading volume of $108 million, driven by a 20% increase in the number of investors. Ethereum led the charge with a 15% rise in sales, while Solana and Polygon also saw significant activity. As the market regains momentum, the coming weeks could bring further positive developments, potentially setting the stage for a bullish trend by year-end. Dive in to explore the latest trends and predictions in the NFT market.

NFT Sales Rise 7.69% This Past Week

Data compiled by CryptoSlam.io, an on-chain crypto market aggregator and a multi-chain non-fungible token explorer, indicates that the global non-fungible token market has lightly surged this past week. In the past seven days, the NFT market has recorded a trading sales volume of $108 million, representing a 7.69% surge from the past week.

During this period, the number of investors buying non-fungible token collections has increased by 20% from the previous week. In the past seven days, the global NFT market has seen nearly a million collectors buying NFTs, pushing the number of NFT transactions above 1.5 million.

Top Blockchain Networks in NFT Trading

Ethereum: The Dominant Force

Ethereum, the blockchain network renowned in the NFT market for hosting most blue-chip non-fungible token collections, was past week’s top traded NFT blockchain network. In the past seven days, the Ethereum-based NFT collections amassed a trading sales volume of $36 million. Ethereum NFT sales volume surged 15% last week from the previous week.

Solana: A Rising Star

Solana, a public, open-source blockchain that supports smart contracts, including non-fungible tokens and a variety of decentralized applications, was past week’s second most-traded network in the NFT ecosystem. In the past seven days, the Solana-based NFT collections have amassed a trading sales volume of $22 million, representing a 35% surge from the previous week.

Polygon: The Ethereum Scaling Solution

Polygon, an Ethereum scaling solution blockchain network, was past week’s third most-traded blockchain network in the NFT ecosystem. Polygon-based NFTs have amassed a trading sale volume of $19 million in the past seven days. Polygon NFT trading sales fell 5.14% last week from the previous week.

Bitcoin: The Ordinals and BRC-20 Powerhouse

Bitcoin, the blockchain network renowned in the NFT market for powering Ordinals and BRC-20 non-fungible token collections, was past week’s fourth most-traded blockchain network in the NFT ecosystem. In the past seven days, the Bitcoin-based NFT collections have recorded a sales volume of $15 million, representing a 15.40% drop from the previous week.

Ten Top Selling NFTs In The Past 7 Days

1. DMarket NFT Collection

DMarket, a non-fungible token collection from the virtual asset market platform DMarket hosted on Mythos Chain, was past week’s most-selling NFT collection. In the past seven days, the DMarket has recorded a trading sales volume of $3.8 million. DMarket NFT sales have plunged 8.61% this past week from the previous week.

2. Pudgy Penguins NFT Collection

Pudgy Penguins, a non-fungible token collection from the digital asset firm and toy brand Pudgy Penguins featuring a limited supply of 8888 NFTs hosted on the Ethereum blockchain network, was past week’s top-selling NFT collection. In the past seven days, the Pudgy NFT collection has recorded a trading sales volume of $3.4 million, representing a 6.40% rise from the previous week.

3. Bored Ape Polygon NFT Collection

Bored Ape Polygon, a non-fungible token collection featuring a limited supply of 10,000 NFTs hosted on the Polygon blockchain network, was past week’s third most-selling NFT collection. In the past seven days, the Bored Ape Polygon NFT collection has raised a trading sales volume of $3.1 million. Bored Ape Polygon NFT sales surged 126% last week from the previous week.

4. DogeZuki NFT Collection

DogeZuki, a non-fungible token collection with a fixed set of 2,800 Shiba Inu-inspired NFT items hosted on the Solana blockchain network, was past week’s fourth most-selling NFT collection. In the past seven days, the DogeZuki NFT collection has raised a sales volume of $3.16 million. DogeZuki NFT sales volume has surged 15% past week from the previous week.

5. Mad Lads NFT Collection

Mad Lads, a non-fungible token collection from the infrastructure development project Backpack that features a limited supply of 10,000 NFTs hosted on the Solana blockchain network, was past week’s fifth most-selling NFT collection. In the past seven days, the Mad Lads NFT collection has attracted a trading sales volume of 3.04 million, representing a 5.78% rise from the previous week.

6. Guild Of Guardian NFT Collection

Guild of Guardian, a non-fungible token collection from Guild of Guardians, a mobile RPG where players take teams of heroes through challenging dungeons to collect resources, was past week’s sixth most-selling NFT collection. In the past seven days, the Guild of Guardians NFT collection has recorded a trading sales volume of $2.6 million. The Guild of Guardians NFT sales volume plunged 18.84% past week from the previous week.

7. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, an all-time top-selling NFT collection from the digital asset firm Yuga Labs with a limited supply of 10,000 NFTs hosted on the Ethereum blockchain network, was past week’s seventh most-selling NFT collection. In the past seven days, the Bored Ape NFT collection has attracted a trading sales volume of $2.6 million. The Bored Ape NFT trading sales volume has fallen 21.21% this past week from the previous week.

8. Sea Dragon NFT Collection

Sea Dragon, a non-fungible token collection featuring a limited edition of 10,000 NFTs hosted on the Polygon blockchain network, was past week’s eighth most-selling NFT collection. In the past seven days, the Sea Dragon NFT series has raised a trading sales volume of $2.5 million.

9. Bitcoin Puppets NFT Collection

Bitcoin Puppets, a non-fungible token collection featuring a fixed supply of 10,000 NFTs created on the Bitcoin blockchain network using the Ordinal theory, was past week’s ninth most-selling NFT collection. In the past seven days, the Bitcoin Puppets NFT collection has raised a trading sales volume of $2.2 million. Bitcoin Puppets NFT sales fell 18% past week from the previous week.

10. NodeMonkes NFT Collection

NodeMonkes, another non-fungible token collection featuring a limited edition of

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