Bitcoin Blockchain Suffers Losses over NFT’s Past Week Sales

The NFT sales over the past week witnessed a slight growth compared to the week prior, as they went up by 7.26% at the time of writing. 

Over the past seven days, the NFT sales amounted to more than $144.819 million, over $88.887 million of which were from the Ethereum blockchain, around 16.31% down from the previous week. 

Out of the top 20 blockchains, Ethereum had the lion’s share of the NFT sales seven days ago, accounting for over 61% of the total sales. While Bitcoin is still in second place in terms of NFT sales for weeks, accounting for over 12% of the total sales ($17.934 million), a 13.77% incline from the previous week. 

Most of the blockchains over the past week saw an increase in sales except BNB Chain, Mythos Chain, and Bitcoin. Blockchains of Solana, Polygon, Immutable X, Mythos Chain, BNB Chain, and Cardano followed Bitcoin regarding the total sales over the past week, respectively. 

Most of the NFT collections witnessed growth in their sales, topped by Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC), which went up by more than 50%. While sales of NFT collections of DMarket, and Uncateogratized Ordinals declined over the past week. 

Regarding the NFT price floor, Bored Ape Yacht Club is still in second place in terms of the highest floor value at $68,126 ETH, following CryptoPunks, whose floor was just $93,803 ETH, according to data from nftpricefloor.com.

Eight of the top most expensive NFTs sold last week were from the Uncateogratized Ordinals and BAYC collections, the most expensive NFT of which was sold for more than $663 million. The following top expensive NFTs sold over the past seven days were sold from $611 million and downwards. 

As for the NFT marketplaces, Blur leads the NFT marketplaces followed by OpenSea. Blur’s sales over the past week reached $116.97 million (-14.04%), while the sales on OpenSea were $36.18 million (-2.28%).