In line with the most recent statistics, gross sales of non-fungible tokens (NFTs) have taken a 14% dip in comparison with the previous week, tallying as much as $91.86 million previously seven days. Curiously, the rely of purchasers rose by 38%; nonetheless, NFT transactions witnessed a decline of over 30% throughout this week.
NFT Transactions Dip Over 30% Amid 14% Gross sales Lower
From Sunday, August 20, to Sunday, August 27, 2023, the journey of non-fungible token gross sales led to a complete of $91.86 million exchanging fingers all through the week. Nonetheless, there was a slip in gross sales, marking a 14.06% decline from the earlier week. Amongst these figures, Ethereum gross sales, although 13.87% decrease this week, maintained a lion’s share, contributing $56.35 million to the general complete of $91.86 million. Solana secured the second spot in blockchain gross sales, amassing a sum of $8,592,656 over the course of the previous seven days.

Seven-day NFT gross sales in accordance with cryptoslam.io metrics.
However, Solana gross sales confronted an 8.95% drop in comparison with final week’s SOL-based NFT gross sales. The gross sales leaderboard showcased Ethereum and Solana on the forefront, adopted by Polygon, Mythos, Immutable X, BNB, and Bitcoin. Bitcoin’s place remained constant in seventh place for 3 consecutive weeks, having slipped from its former second place. BTC-centric NFTs garnered $2,130,582 this week, but these numbers had been 22.05% decrease than the earlier week’s information. Among the many high ten blockchains, Cardano and Arbitrum had been the only real gainers by way of share development this week.

The highest 5 costliest NFTs bought this previous week between Sunday, August 20, to Sunday, August 27, 2023.
Shifting the main focus to essentially the most distinguished collections over the previous seven days, the Bored Ape Yacht Membership (BAYC) emerged because the frontrunner, securing $10.18 million. Regardless of dealing with turbulent occasions in current weeks, leading to a major lower within the assortment’s ground worth, BAYC NFT gross sales defied the chances by surging 99% larger than the earlier week. Following intently behind BAYC had been Dmarket, Sorare, Draftkings, Cross the Ages, and Mutant Ape Yacht Membership, in that order. Notably, Cross the Ages skilled an astonishing 1,025.50% surge in gross sales in comparison with the earlier week.
Topping the checklist of notable NFT gross sales this week was BAYC #7485, which fetched $175,923 merely 15 hours in the past. A detailed second was an NFT named “Crown,” which modified fingers six days prior for $168,187. The third and fourth spots had been claimed by two BAYC NFTs, whereas the fifth place was secured by a Cryptopunks NFT that commanded a value of $128,371. Curiously, a major majority of the highest 20 NFT gross sales this week hailed from the Cryptopunks NFT assortment.