English | Español | Français
Market Cap: $ 3.47 T 24h Vol: $ 120.70 B BTC Share: 62.67%
BTCNEWS
  • Bitcoin
  • ETF
  • Prices
  • Exchanges
  • Glossary
bitcoinBTC/USD
$ 109,287.28 2.15%
No Result
View All Result
BTCNEWS
  • Bitcoin
  • ETF
  • Prices
  • Exchanges
  • Glossary
BTCNEWS
No Result
View All Result
Home Latest

NFT Market Dips by 6% but Solana Continues to Dominate for Another Week

Despite Slight Recent Uptick in Crypto Market, NFT Sales Suffer Amidst Continuous Fluctuations, with Solana Maintaining its Position at the Top

Mark Valerius by Mark Valerius
November 2, 2024
Share on FacebookShare on Twitter

Key Points

  • The non-fungible token (NFT) sales volume has decreased by 6% to $84.6 million amidst recent crypto market price drop.
  • Ethereum NFT sales experienced a 6.6% drop, while the number of NFT buyers increased by 17.4%.

Despite recent mild positive signs in the crypto market, all gains have vanished.

Data from CoinMarketCap shows that the global crypto market cap has fallen by 1.39% to $2.31 trillion.

NFT Sales Volume Decline

Last week, the NFT sales volume was $89.1 million. However, recent data from CryptoSlam indicates a 6% slump in NFT sales volume, bringing it down to $84.6 million.

The Ethereum (ETH) blockchain retains its top position with $28.3 million in sales, while Solana (SOL) holds its second rank for the second consecutive week.

Interestingly, the number of NFT buyers rose by 21%, and the number of NFT sellers increased by 30% from last week’s 385,184.

Ethereum NFT Sales Experience Drop

The Ethereum NFT blockchain sales volume was at $31.1 million last week. However, the latest data shows a drop below the $30 million mark to $28.3 million.

This week’s sales are comparatively lower, with a 6.6% drop in the last seven days.

Despite the drop in sales, the number of NFT buyers on the Ethereum blockchain rose by 17.4% to 56,021.

Solana, despite a 11.3% drop in the last seven days, retains its second-place ranking.

Solana blockchain’s NFT volume is at $16.1 million, with the number of NFT buyers increasing by 27.7% to 385,272.

Bitcoin (BTC) showed the smallest sales drop, with a 2.78% loss, standing at $14.12 million.

Mythos Chain (MYTH) is in the fourth position at $10.9 million, with a 6.65% drop over the last seven days.

Immutable (IMX) earned the fifth place, showing a modest 6.2% drop in NFT sales volume. Ethereum accounted for the majority of wash trading at $3.66 million.

DMarket Retains First Ranking

DMarket’s sales volume was at $5.744 million, with an 11.62% drop during this period.

Guild of Guardians Heroes 2 secured the second place with $3.28 million in sales.

The most recent data shows that the following NFT collections topped the sales last week: Wrapped Ether Rock #91 sold for 120,000 USDC, Wrapped Ether Rock #59 sold for 119,000 USDC, CryptoPunks #705 sold for 30.5 ETH, Sorare #23580937173 sold for 21.888 ETH, and ART BLOCK #9 sold for 0.7839 BTC.

Tags: Bitcoin (BTC)

Related News

crypto scam phone

Cybersecurity Firm Kaspersky Warns Against Crypto Malware ‘SparkKitty’

June 27, 2025
xrp ripple

Ripple Co-Founder Breaks 14-Year Silence – What’s Next For XRP?

June 25, 2025
spain crypto

Major Spanish Bank Recommends 7% Crypto Investment For Wealthy Clients

June 18, 2025
bitcoin debate

Core Developers Are ‘Risk To Bitcoin’ In Governance Battle, Says JAN3 CEO Samson Mow

June 10, 2025
bitcoin
Bitcoin (BTC)
Rank: 1
$ 109,287.28
Price (BTC)
Ƀ1.00000000
Marketcap
$ 2.17 T
Volume
$ 36.24 B
24h Change
2.15%
Total Supply
19.89 M BTC

  • About Us
  • Contact
  • Advertise
X-twitter Telegram Facebook Instagram Youtube Medium Linkedin

Information you can trust

BTCNews.com provides Bitcoin news and other cryptocurrency news, reaching millions of crypto enthusiasts daily.

It offers comprehensive coverage of business, financial, and international news related to digital assets.

Serving professionals through digital platforms, industry conferences, and direct updates, BTCNews.com is a premier provider of blockchain and crypto news.

Disclaimer: The information provided by BTCNews.com is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments are highly volatile and involve significant risks.

Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. BTCNews.com is not responsible for any losses incurred due to the use of information provided on this site.

  • © 2008 - 2024 BTCNews.com
  • Terms of Use
  • Privacy
  • Cookies
No Result
View All Result
  • Market
    • Crypto Prices
    • Crypto Exchanges
  • Learn
    • Glossary
  • News
    • Latest

© 2008 - 2024 BTCNews.com