Explore our NFT sales news section to understand the latest happenings and the hottest NFT sales in the NFT world.

NFT Sales News

The NFT sales over the past week witnessed a very slight decline, as they went down by only 0.66% at the time of writing.&nbsp;



Over the past seven days, the NFT sales amounted to more than 81.031 million, over&nbsp;<a target="_blank" href="https://www.cryptoslam.io/blockchains/ethereum" rel="noreferrer noopener">$43.460</a>&nbsp;million of which were from the Ethereum blockchain, around 3% up from the previous week.&nbsp;



Out of the top 20 blockchains, Ethereum had the lion&#8217;s share of the NFT sales seven days ago, accounting for around 54% of the total sales.&nbsp;



Meanwhile, Mythos Chain is still in second place in terms of NFT sales for weeks, accounting for over 10% of the total sales (<a target="_blank" href="https://www.cryptoslam.io/blockchains/bitcoin" rel="noreferrer noopener">$</a><a target="_blank" href="https://www.cryptoslam.io/blockchains/mythos" rel="noreferrer noopener">8.237</a>&nbsp;million), a 4.53% increase from the previous week.&nbsp;



Most of the blockchains over the past week saw a growth in sales except Solana and BNB Chain. Blockchains of Polygon, Solana, Immutable X, Bitcoin, BNB Chain, and Flow followed Mythos Chain regarding the total sales over the past week, respectively.&nbsp;



Most of the NFT collections witnessed an increase in their sales, topped by Nouns and Milady Maker, which went up by 202.43% and 190.23%, respectively. At the same time, NFT collections of Bored Ape Yacht Club and Mutant Ape Yacht Club witnessed growth over the past week, 18.85% and 45.95%, respectively.



Regarding the NFT price floor, Bored Ape Yacht Club is still in second place in terms of the highest floor value at 24.59 ETH, following CryptoPunks, whose floor was just 46.69 ETH, according to&nbsp;<a target="_blank" href="https://nftpricefloor.com/" rel="noreferrer noopener">data</a>&nbsp;from nftpricefloor.com.



Last week, The most expensive NFT was CryptoPunks #3609, which sold for over $682 million. The following top expensive NFTs sold over the past seven days were sold from $106.7 million and downwards.&nbsp;



As for the NFT marketplaces, Blur leads the NFT marketplaces, followed by OpenSea. Blur&#8217;s sales over the past week reached $38.63 million, while the sales on OpenSea were $13.26 million (-17.91%).&nbsp;

Nouns NFT

Sales of Nouns NFT Collection Went up around 203% over Past Week

The NFT sales over the past week witnessed a decline, as they went down by 6.92% at the time of writing.&nbsp;



Over the past seven days, the NFT sales amounted to more than&nbsp;<a target="_blank" href="https://www.cryptoslam.io/nftglobal" rel="noreferrer noopener">$79.791</a>&nbsp;million, over&nbsp;<a target="_blank" href="https://www.cryptoslam.io/blockchains/ethereum" rel="noreferrer noopener">$41.877</a>&nbsp;million of which were from the Ethereum blockchain, around 11.35% 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 around 53% of the total sales.&nbsp;



Meanwhile, Mythos Chain is still in second place in terms of NFT sales for weeks, accounting for over 9% of the total sales (<a target="_blank" href="https://www.cryptoslam.io/blockchains/bitcoin" rel="noreferrer noopener">$</a><a target="_blank" href="https://www.cryptoslam.io/blockchains/mythos" rel="noreferrer noopener">7.891</a>&nbsp;million), a 7% incline from the previous week.&nbsp;



Most of the blockchains over the past week saw a decrease in sales except Polygon, Solana and Mythos Chain. Blockchains of Polygon, Solana, Immutable X, BNB Chain, Bitcoin, and Flow followed Mythos Chain regarding the total sales over the past week, respectively.&nbsp;



Most of the NFT collections witnessed a decrease in their sales, topped by Gods Unchained Cards, Sorare, and CryptoPunks, which declined by 24%, 19.43%, and 18.22%, respectively. While NFT collections of DraftKings and Art Block witnessed growth over the past week, 54.68% and 18.31%, respectively.



Regarding the NFT price floor, Bored Ape Yacht Club is still in second place in terms of the highest floor value at $44,702, following CryptoPunks, whose floor was just $75,160, according to&nbsp;<a target="_blank" href="https://nftpricefloor.com/" rel="noreferrer noopener">data</a>&nbsp;from nftpricefloor.com.



Last week, The most expensive NFT was CryptoPunks #3983, which sold for more than $252.8 million. The following top expensive NFTs sold over the past seven days were sold from $105.7 million and downwards.&nbsp;



As for the NFT marketplaces, Blur leads the NFT marketplaces, followed by OpenSea. Blur’s sales over the past week reached $36.2 million, while the sales on OpenSea were $14.81 million (-17.91%).&nbsp;

NFTs

NFT Sales Dropped around 7% Over Past Week

The NFT sales over the past week witnessed a decline compared to the week prior, as they went down by 16% at the time of writing.&nbsp;



Over the past seven days, the NFT sales amounted to more than&nbsp;<a target="_blank" href="https://www.cryptoslam.io/nftglobal" rel="noreferrer noopener">$89.311</a>&nbsp;million, over&nbsp;<a target="_blank" href="https://www.cryptoslam.io/blockchains/ethereum" rel="noreferrer noopener">$54,538</a>&nbsp;million of which were from the Ethereum blockchain, around 16% down from the previous week.&nbsp;



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.&nbsp;



While Solana is still in second place in terms of <a href="https://upyo.com/en/news/tags/nft-sales">NFT sales</a> for weeks, accounting for only 9% of the total sales ($8.159 million), a 17% incline from the previous week. 



All blockchains over the past week saw a decrease in sales except Cardano. Blockchains of Solana, Polygon, Mythos Chain, Immutable X, BNB Chain, and Bitcoin followed Ethereum regarding the total sales over the past week, respectively.&nbsp;



Most of the NFT collections witnessed a decrease in their sales, except Bored Ape Yacht Club (BAYC), Cross The Ages, and CryptoPunks, whose sales surged over the past week by 76%, 1087%, and 93%, respectively.&nbsp;&nbsp;



Regarding the NFT price floor, Bored Ape Yacht Club is trying to restore gains in terms of with a value hitting $42,710 ETH, following CryptoPunks, whose floor was just $78,495 ETH, according to&nbsp;<a target="_blank" href="https://nftpricefloor.com/" rel="noreferrer noopener">data</a>&nbsp;from nftpricefloor.com.



The most expensive NFT sold last week was BAYC #7485, which sold for around $173 million. The following top expensive NFTs sold over the past seven days were sold from $165 million and downwards.&nbsp;



As for the NFT marketplaces, Blur leads the NFT marketplaces, followed by OpenSea. Blur’s sales over the past week reached $39.83 million, while the sales on OpenSea were $17.44 million (-32.26%).&nbsp;

Cross The Ages NFTs

Cross The Ages NFTs Spiked 1087% over Past Week’s Sales

The NFT sales over the past week witnessed a slight increase, as they went up by only 2%, according to Cryptoslam, an NFT data aggregator.&nbsp;



Over the past seven days, the NFT sales amounted to more than&nbsp;$107.623 million, over $66.203 million of which were from the Ethereum blockchain, an 5% increase from the previous week.



Out of the top 20 blockchains, Ethereum had the lion’s share of the&nbsp;<a href="https://upyo.com/en/news/tags/nft-sales">NFT sales</a>&nbsp;seven days ago, accounting for more than 61% of the total sales.&nbsp;



While Solana became in second place in <a href="https://upyo.com/en/news/tags/nft-sales">NFT sales</a>, accounting for only 9% of the total sales ($9.97 million), 7% up from the previous week. 



Several blockchains of the top ten over the past week saw a decline in their sales, except Ethereum, Solana, and Mythos Chain. Blockchains of Solana, Polygon, Mythos Chain, Immutable X, BNB Chain, and Bitcoin followed Ethereum regarding the total sales over the past week, respectively. Bitcoin is still in seventh place after dominating the second for weeks.&nbsp;



Most of the NFT collections witnessed a growth in their sales, topped by Bored Ape Yacht Club (BAYC) and DeGods, while NFT collections such as DraftKings and Gods Unchained Cards witnessed a decrease in their weekly sales by 50% and 14%, respectively.



Regarding the NFT price floor, BAYC significantly dropped, recording $39,210, following CryptoPunks, whose floor was just $79,873, according to&nbsp;<a target="_blank" href="https://nftpricefloor.com/" rel="noreferrer noopener">data</a>&nbsp;from nftpricefloor.com.



The most expensive NFT sold last week was Autoglyphs #490, which was sold at only $287.331 million. The following top expensive NFTs sold over the past seven days were priced from $255 to downwards.&nbsp;



As for the NFT marketplaces, Blur leads the NFT marketplaces, followed by OpenSea. Blur’s sales over the past week reached $69.7 million, while the sales on OpenSea were $22.94 million.&nbsp;

BAYC NFT

BAYC NFTs’ Weekly Sales Increase 42%

The NFT sales over the past week witnessed a slight increase, as they went up by around 14%, recording 13.88%, according to Cryptoslam, an NFT data aggregator.&nbsp;



Over the past seven days, the NFT sales amounted to more than $111.269 million, over&nbsp;<a target="_blank" href="https://www.cryptoslam.io/blockchains/ethereum" rel="noreferrer noopener">$63.785</a>&nbsp;million of which were from the Ethereum blockchain, an 9.85% increase from the previous week.



Out of the top 20 blockchains, Ethereum had the lion’s share of the<a href="https://upyo.com/en/news/tags/nft-sales">&nbsp;NFT sales</a>&nbsp;seven days ago, accounting for more than 57% of the total sales.&nbsp;



While Polygon replaced Solana, becoming second place in terms of NFT sales, accounting for 12% of the total sales ($<a target="_blank" href="https://www.cryptoslam.io/blockchains/polygon" rel="noreferrer noopener">13.799</a>&nbsp;million), 103.08% up from the previous week.&nbsp;



Over the past week, The top ten blockchains saw a sales hike, except BNB Chain, Bitcoin, and Immutable X. Blockchains of Polygon, Solana, Mythos Chain, Immutable X, BNB Chain, Bitcoin, and Cardano followed Ethereum regarding the total sales over the past week, respectively. Bitcoin is now in seventh place after dominating the second for weeks.&nbsp;



Most of the NFT collections witnessed a growth in their sales, except CryptoPunks and Gods Unchained Cards, whose sales declined by 27.47% and 2.91%, respectively.&nbsp;



Regarding the NFT price floor, Bored Ape Yacht Club is still in second place in terms of the highest floor value at $53,348, following CryptoPunks, whose floor was just $88,276, according to&nbsp;<a target="_blank" href="https://nftpricefloor.com/" rel="noreferrer noopener">data</a>&nbsp;from nftpricefloor.com.



The top seven most expensive NFTs sold last week was Clonex #11164, which was sold at only $360.440 million. The following top expensive NFTs over the past seven days were sold from $326.8 million to downwards.&nbsp;



As for the NFT marketplaces, Blur leads the NFT marketplaces, followed by OpenSea. Blur’s sales over the past week reached $53.94 million, while the sales on OpenSea were $17.02 million.&nbsp;

Polygon

NFT Sales on Polygon Hiked 103% over Past Week

Theft of NFTs has decreased for the fifth consecutive month as NFT market sentiment continues to remain weak.



Recent research shows that stolen NFTs in July were valued at $1.73 million. This is a 24% decrease from the previous month, which had $2.27 million in thefts.



Moreover, it is down almost 90% from the worst month of the year, February, which saw $16.2 million in NFT thefts. Stolen NFTs are sold quickly, as half of the stolen NFTs were sold on various marketplaces within 165 minutes, according to PeckShield.



According to the report, Blur is the most popular marketplace among NFT thieves, accounting for 67.3% of all resales. Opensea comes in second place with approximately 20% of the stolen NFTs being sold on its platform. Shockingly, over $40 million worth of NFTs have already been stolen in the year 2023.



The NFT market had a rough month in July as the trading volume for NFTs decreased by 29% to $632 million in July, while the total number of <a href="https://upyo.com/en/news/tags/nft-sales">NFT sales</a> fell by 23% to 3.7 million. This decline follows a previous report by DappRadar indicating a 38% drop in NFT trading volume during the second quarter of this year, according to BeInCrypto.



In June, the company experienced a 44% decrease in the number of unique daily active wallets in the NFT sector. In May, DappRadar observed a 44% decline in NFT trading volume. This month, the market has continued to shrink, with DappRadar reporting a 19% drop in the number of daily active wallets to 70,338, accounting for only 4% of the industry&#8217;s overall activity.



Blockchain analyst Sara Gherghelas attributed this drop to many reasons, including the overall market downturn since the second half of 2022, the price of Bitcoin and Ethereum, and the wild hype and speculation around NFTs that led to many scams and rug pulls.

NFT Theft

NFT Thefts in July Experience 24% Decline Compared To June

In the first week of August, the NFT sales over the past week witnessed a slight increase, as they went up by around 11%, recording 10.98% according to Cryptoslam, an NFT data aggregator.&nbsp;



Over the past seven days, the NFT sales amounted to more than&nbsp;<a target="_blank" href="https://www.cryptoslam.io/nftglobal" rel="noreferrer noopener">$109.948</a>&nbsp;million, over $70.52 million of which were from the Ethereum blockchain, an 18.26% increase from the previous week.



Out of the top 20 blockchains, Ethereum had the lion’s share of the&nbsp;<a target="_blank" href="https://upyo.com/en/news/tags/nft-sales" rel="noreferrer noopener">NFT sales</a>&nbsp;seven days ago, accounting for more than 64% of the total sales.&nbsp;



While Solana became in second place in terms of <a href="https://upyo.com/en/news/tags/nft-sales" target="_blank" rel="noreferrer noopener">NFT sales</a>, accounting for only 6% of the total sales ($7.29 million), 10.30% up from the previous week. 



The top ten blockchains over the past week saw slight increase in sales, except Bitcoin and Cardano. Blockchains of Solana, Polygon, , Mythos Chain, Immutable X, BNB Chain and Bitcoin followed Ethereum regarding the total sales over the past week, respectively. Bitcoin is now in seventh place after dominating the second for weeks.&nbsp;



Most of the NFT collections witnessed a growth in their sales, except Bored Ape Yacht Club (BAYC) and Gods Unchained Cards, whose sales declined by 42.90% and 20.44%.&nbsp;



Regarding the NFT price floor, BAYC is still in second place in terms of the highest floor value at $53,511, following CryptoPunks, whose floor was just $88,041, according to&nbsp;<a target="_blank" href="https://nftpricefloor.com/" rel="noreferrer noopener">data</a>&nbsp;from nftpricefloor.com.



The most expensive NFT sold last week was CryptoPunks #3307, which was sold at only $916.703 million. The following top expensive NFTs sold over the past seven days were priced from $433,260 to downwards.&nbsp;



As for the NFT marketplaces, Blur leads the NFT marketplaces followed by OpenSea. Blur’s sales over the past week reached $51.3 million, while the sales on OpenSea were $18.34 million.&nbsp;

NFT Sales Increased In 1st Week of August

The NFT market had a rough month in July as the trading volume for NFTs decreased by 29% to $632 million in July.



This decline follows a previous report by DappRadar indicating a 38% drop in NFT trading volume during the second quarter of this year, according to BeInCrypto.



In June, the company experienced a 44% decrease in the number of unique daily active wallets in the NFT sector. The previous month, in May, DappRadar observed a 44% decline in NFT trading volume. This month, the market has continued to shrink, with DappRadar reporting a 19% drop in the number of daily active wallets to 70,338, accounting for only 4% of the industry&#8217;s overall activity.



The NFT market was not the only sector that suffered in July. The total value that the DeFi sector holds has decreased by 2.27% and currently stands at $75.91 billion. Unfortunately, this decline in DeFi&#8217;s value is not expected to bring any happiness to NFT traders.



Blockchain analyst Sara Gherghelas attributed this drop to many reasons, including the overall market downturn since the second half of 2022, the price of Bitcoin and Ethereum, and the wild hype and speculation around NFTs that led to many scams and rug pulls.



Some people have questioned the value of NFTs, arguing that they are simply digital assets that can be easily copied. As a result of these factors, the NFT market has cooled significantly in 2023. The total trading volume of NFTs has fallen by more than 90% since its peak in January 2022. The average price of an NFT has also fallen by about 70%, according to Gherghelas.

NFT Trading Volume in July Dropped 29%, DappRadar Says

The NFT sales over the past week witnessed a slight increase, as they went up by around 8%, recording 50.18% according to Cryptoslam, an NFT data aggregator.&nbsp;



Over the past seven days, the NFT sales amounted to more than&nbsp;$107.745 million, over&nbsp;<a rel="noreferrer noopener" href="https://www.cryptoslam.io/blockchains/ethereum" target="_blank">$69.690</a>&nbsp;million of which were from the Ethereum blockchain, an 17.14% increase from the previous week.



Out of the top 20 blockchains, Ethereum had the lion’s share of the <a href="https://upyo.com/en/news/tags/nft-sales" target="_blank" rel="noreferrer noopener">NFT sales</a> seven days ago, accounting for more than 64% of the total sales. 



While Solana replaced Bitcoin after being in second place in terms of NFT sales, accounting for only 6% of the total sales ($<a target="_blank" href="https://www.cryptoslam.io/blockchains/solana" rel="noreferrer noopener">6.513</a>&nbsp;million), 11.57% up from the previous week.&nbsp;



The top ten blockchains over the past week saw a hike in sales, except Solana, Bitcoin, and Polygon. Blockchains of Solana, BNB Chain, Mythos Chain, Polygon, Immutable X, and Bitcoin followed Ethereum regarding the total sales over the past week, respectively. Bitcoin is now in seventh place after dominating the second for weeks.&nbsp;



Most of the NFT collections witnessed a growth in their sales, except CryptoPunks and Gods Unchained Cards, whose sales declined by 42.90% and 20.44%.&nbsp;



Regarding the NFT price floor, Bored Ape Yacht Club is still in second place in terms of the highest floor value at $56,203, following CryptoPunks, whose floor was just $89,974, according to&nbsp;<a target="_blank" href="https://nftpricefloor.com/" rel="noreferrer noopener">data</a>&nbsp;from nftpricefloor.com.



The top seven most expensive NFTs sold last week was Autoglyphs #346, which was sold at only $373.927 million. The following top expensive NFT sold over the past seven days was CryptoPunks #8713.&nbsp;



As for the NFT marketplaces, Blur leads the NFT marketplaces followed by OpenSea. Blur’s sales over the past week reached $69.71 million, while the sales on OpenSea were $19.42 million.&nbsp;

Solana NFTs

Solana Replaces Bitcoin in NFT Sales over Past Week

The NFT sales over the past week witnessed a decline compared to the week prior, as they went down by more than 20% little bit at the time of writing. 



Over the past seven days, the NFT sales amounted to more than&nbsp;$109.102 million, over&nbsp;<a rel="noreferrer noopener" href="https://www.cryptoslam.io/blockchains/ethereum" target="_blank">$70.197</a>&nbsp;million of which were from the Ethereum blockchain, around 9.61% down from the previous week.&nbsp;



Out of the top 20 blockchains, Ethereum had the lion’s share of the NFT sales seven days ago, accounting for more than 64% of the total sales.&nbsp;



While Bitcoin is still in second place in terms of <a href="https://upyo.com/en/news/tags/nft-sales">NFT sales</a> for weeks, accounting for only 5% of the total sales ($6.534 million), a 73.20% incline from the previous week. 



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



Most of the NFT collections witnessed a decrease in their sales, topped by CryptoPunks and Uncateogratized Ordinals, which declined by more than 35%. While NFT collections of DMarket, and&nbsp;



Gods Unchained Cards witnessed a slight growth over the past week.&nbsp;



Regarding the NFT price floor, Bored Ape Yacht Club is still in second place in terms of the highest floor value at $61.662, following CryptoPunks, whose floor was just $ 90.012, according to&nbsp;<a target="_blank" href="https://nftpricefloor.com/" rel="noreferrer noopener">data</a>&nbsp;from nftpricefloor.com.



The most expensive NFT sold last week was Fidenza #545, which sold for more than $1.17 million. The following top expensive NFTs sold over the past seven days were sold from $530 million and downwards.&nbsp;



As for the NFT marketplaces, Blur leads the NFT marketplaces followed by OpenSea. Blur’s sales over the past week reached $71.05 million, while the sales on OpenSea were $9.18 million (-70.77%).&nbsp;

OpenSea Sales Declined over 70% In Past Week

The NFT sales over the past week witnessed a decline compared to the week prior, as they went down by around 10% at the time of writing. 



Over the past seven days, the NFT sales amounted to more than $143.746 million, over $87.860 million of which were from the Ethereum blockchain, around a 42% increase 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 more than 61% of the total sales. 



While Bitcoin is still in second place in terms of NFT sales for weeks, accounting for over 15% of the total sales ($21.721 million), a 36.94% incline from the previous week. 



Most of the blockchains over the past week saw a decrease in sales except Ethereum and Cardano. Blockchains of Solana, Polygon, Immutable X, BNB Chain, Cardano, and Mythos Chain followed Bitcoin regarding the total sales over the past week, respectively.&nbsp;



Most of the NFT collections witnessed a decrease in their sales, topped by Bored Ape Yacht Club (BAYC), Azuki, and Uncateogratized Ordinals, which declined by more than 65%. While NFT collections of CryptoPunks and Sorare witnessed growth over the past week.&nbsp;



Regarding the NFT price floor, Bored Ape Yacht Club is still in second place in terms of the highest floor value at $64,026, following CryptoPunks, whose floor was just $96,376, according to data from nftpricefloor.com.



The most expensive NFT sold last week was $FRAM BRC-20 NFTs, which sold for more than $1.68 million. The following top expensive NFTs sold over the past seven days were sold from $1.2 million and downwards.&nbsp;



As for the NFT marketplaces, Blur leads the NFT marketplaces followed by OpenSea. Blur’s sales over the past week reached $77.56 million, while the sales on OpenSea were $32.24 million (-29.2%).&nbsp;

NFT Sales Over Past Week Surpassed 143 Mln Dollars

The NFT sales over the past week witnessed a slight increase compared to the week prior, as they grew by 18.43%, according to Bitcoin News.&nbsp;



Over the past seven days, the NFT sales amounted to $251.69 million, $216.06 million of which were from the Ethereum blockchain, a 25.42% hike 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 more than 85% of the total sales.&nbsp;



While Solana came in second place in terms of NFT sales, accounting for over 7% of the total sales ($18.006 million). Blockchains of Immutable X, Polygon, and Cardano followed Solana regarding the total sales over the past week, respectively, Bitcoin News quoted data from CryptoSlam.&nbsp;



The NFT collections which saw high sales over the past week were Otherdeed, Bored Ape Yacht Club, Checks &#8211; VV Edition, the Mutant Ape Yacht Club (MAYC), Pudgy Penguins, Sewer Pass, Doodles, Clonex, Azuki, respectively.&nbsp;



The top-selling NFT collection was Otherdeed recording, $15.342 million, while Bored Ape Yacht Club, Checks &#8211; VV Edition reported an increase in the last week&#8217;s sales by 28.46% and 21.39%, respectively.&nbsp;



Bored Ape Yacht Club had the highest floor value at 68.06&nbsp;<a target="_blank" href="https://markets.bitcoin.com/crypto/ETH" rel="noreferrer noopener">ETH</a>, followed by CryptoPunks, whose floor was just 61.88&nbsp;<a target="_blank" href="https://markets.bitcoin.com/crypto/ETH" rel="noreferrer noopener">ETH</a>, according to&nbsp;<a target="_blank" href="https://nftpricefloor.com/" rel="noreferrer noopener">data</a>&nbsp;from nftpricefloor.com.



The most expensive NFT sold last week was Cryptopunk #5,066, which sold for $1.4 million. This sale was followed by BAYC #7,090, which sold for $1.3 million. Cryptopunk #2,886 sold for $454,744, Otherdeed #54,421 sold for $327,796, and Otherdeed #67,782 sold for $282,219.



However, the past week saw an increase in sales for some blockchains, topped by ImmutableX (42.69%) and BNB Chain (37.79%) and for NFT collections also, like Pudgy Penguins (313.75%) and Clonex (136.27%).

MAYC-NFTs

NFT Sales Grow up over 18% Compared To Prior Week

UPYO, the largest <a href="https://upyo.com/en/news/tags/nft-marketplace">NFT marketplace</a> in the Middle East, announced its first surprise in 2023 by canceling all fees imposed on trading, buying, and selling NFTs on its marketplace.



UPYO&#8217;s move comes within a framework of its keenness to encourage Arab NFT artists in the region to release more digital collectibles and those who are interested to join the Web 3.0 world.



This step will motivate investors to handle digital assets on the platform as it will reduce the cost of buying and selling NFTs from UPYO without commission fees. Over the past period, the platform attempts to create a safe environment for the handling processes of digital collectibles to preserve the artists&#8217; intellectual property.



The recent decision aimed to gain the trust of the Arab audience and build strong relations with the platform in light of the current hesitance of Arab people toward the NFTs, despite the high participation in this domain in the last year. The market is still ambiguous to many consumers who are not yet aware of what an NFT digital asset is and how to use it.



Earlier, UPYO launched initiatives to encourage the Arab public to acquire NFTs through it, as the platform had previously launched its own set of free giveaways from the ENS to encourage them to enter the NFT world. These giveaways were announced during its galleries in the metaverse. They were made up of five characters, including ENS code 3838. eth, and ENS code 7676. eth, and ENS code 8166. eth.



UPYO also held two NFT galleries in 2022, the first of which was on September 16 and the second one was on October 23.

UPYO Fees

UPYO Cancels Fees on Trading NFTs

The NFT sales over the past week witnessed a slight increase compared to the week prior, as they grew by 16.39%, according to Bitcoin News.&nbsp;



Over the past seven days, the NFT sales amounted to&nbsp;$248.391&nbsp;million,&nbsp;$197,977 million of which were from the Ethereum blockchain. Out of the top 20 blockchains, Ethereum had the lion’s share of the NFT sales from January 16 to 23, accounting for more than 79% of the sales.&nbsp;



While Solana came in second place in terms of NFT sales, accounting for over 14% of the total sales (<a target="_blank" href="https://www.cryptoslam.io/blockchains/solana" rel="noreferrer noopener">$36.437</a>&nbsp;million). Blockchains of Cardano, Immutable X and Polygon followed Solana regarding the total sales over the past week, respectively, Bitcoin News quoted data from CryptoSlam.&nbsp;



The NFT collections which saw high sales over the past week were the Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC), Bored Ape Kennel Club (BAKC), Azuki, Otherdeed, DeGods, and Artblocks, respectively.&nbsp;



The top-selling NFT collection of MAYC recorded a more than 60% increase in terms of sales, representing around 8% of the $208 million in sales in the past week.&nbsp;



Cryptopunks had the highest floor value at 66.69&nbsp;<a target="_blank" href="https://markets.bitcoin.com/crypto/ETH" rel="noreferrer noopener">ETH</a>, followed by BAYC, whose floor was just below 66.247&nbsp;<a target="_blank" href="https://markets.bitcoin.com/crypto/ETH" rel="noreferrer noopener">ETH</a>, according to&nbsp;<a target="_blank" href="https://nftpricefloor.com/" rel="noreferrer noopener">data</a>&nbsp;from nftpricefloor.com.



The most expensive NFT sold over the past week was Bored Ape Yacht Club #4,025, which sold for $613,000, While the second-most selling NFT was Cryptopunk #7,674, which sold for $451,000, followed by Cryptopunk #7,641, which sold for around $418,000&nbsp;



However, the past week saw an increase in sales for some blockchains, topped by Wax (74.88%) and Polygon (28.29%) and for NFT collections also, like Bored Ape Kennel Club (47.90%) and MAYC (60.07%).&nbsp;



In the first week of 2023, the NFT sales grew by 26%, compared to the final week of 2022.&nbsp;

NFT Sales Up in Third Week of January

The NFT sales over the past week witnessed a significant decrease compared to the week prior, as they dropped by 59.35%, <a href="https://news.bitcoin.com/nft-sales-drop-59-in-second-week-of-2023-ethereum-dominates-top-20-blockchains-with-75-of-sales/" target="_blank" rel="noreferrer noopener">according to Bitcoin News</a>.&nbsp;



Over the past seven days, the NFT sales amounted to $208.68 million, $157.20 million of which were from the Ethereum blockchain. Out of the top 20 blockchains, Ethereum had the lion&#8217;s share of the NFT sales from January 8 to 13, accounting for more than 75% of the sales.&nbsp;



While Solana came in second place in terms of NFT sales, accounting for around 18% of the total sales ($37.66 million). Blockchains of Immutable X, Cardano, and BNB followed Solana regarding the total sales over the past week, respectively, Bitcoin News quoted data from CryptoSlam.&nbsp;



The NFT collections which saw high sales over the past week were the Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Azuki, Art Blocks, Bored Ape Kennel Club, Otherdeed, and Sorare, respectively. The top-selling NFT collection of BAYC recorded $16.69 million in terms of sales, representing 7.998% of the $208 million in sales in the past week.&nbsp;



BAYC also recorded the highest floor price, reaching 70.4 ETH, followed by the Cryptopunks, whose floor price hit 66.19 ETH.&nbsp;



The most expensive NFT sold over the past week was Cryptopunk #4,608, which was sold at $329,000. While the second-most selling NFT was Cryptopunk #6,994, which was sold at $283,000, followed by Otherdeed #89,263 and BAYC #7,576, respectively.&nbsp;



However, the past week saw an increase in sales for some blockchains, topped by Binance Coin (<a target="_blank" href="https://markets.bitcoin.com/crypto/BNB" rel="noreferrer noopener">BNB</a>) (62.20%) and Immutable X (8.51%) and for NFT collections also, like Artblocks (62.94%) and MAYC (8.10%).&nbsp;



In the first week of 2023, the NFT sales grew by 26%, compared to the final week of 2022.&nbsp;

NFT Sales Down around 60% in 2nd Week of 2023

The sales of NFTs in November showed some advancement compared to the prior month, as it witnessed an increase of %14.64%, recording $547.73 million at the time of writing, <a href="https://news.bitcoin.com/nft-sales-jumped-22-higher-this-month-with-568-million-in-nfts-sold-across-20-blockchains/" target="_blank" rel="noreferrer noopener">Bitcoin News reported</a>.



According to Cryptoslam.io, NFT sales went up 4.63% over the past seven days, as well as the NFT buyers by %13.80. However, the number of NFT buyers last month plunged 32.26% over the past 30 days and the quantity of NFT transactions went down 22.68% lower than last month’s number of NFT transactions.



Out of the $547.73 million in NFT sales, $423.61 million worth of those sales were Ethereum-based NFTs. Ethereum-based NFT sales are up 32.10% higher than last month, according to Cryptoslam&#8217;s figures.



The blue-chip NFTs were Bored Ape Yacht Club (BAYC) NFTs, which recorded sales worth $63.78 million, with an increase of %104.73, and CryptoPunks. The floor prices of BAYC and CryptoPunks during this period were 62.63 ether and 65.94 ether, respectively.



BAYC topped the NFTs collections in terms of sales over the past 30 days at the time of writing. Art Globbers NFTs followed BAYC NFTs in November, hitting $37.14 million in terms of sales with a jump of %84.25. BAYC and Art Globbers saw a remarkable rise in their transactions and buyers.



The top six NFTs, which saw an increase whether in sales or transactions or the number of buyers or sellers are Ethereum-based NFTs.



The blockchains that saw significant month-over-month declines include Cardano NFT sales down 58.39%, BNB shed 57.73%, Polygon NFT sales down by 67.33%, and Ronin-based and Avalanche-based NFT sales have dropped by 57.67% and %41.10 lower than the month prior, respectively.



The most expensive NFT sold over the past 30 days was Bored Ape Yacht Club #8,633 as it sold for $953,056 14 days ago, followed by BAYC #1,268, which sold eight days ago for $923,870 BAYC #232 which sold for $908,670 eight days ago. While the most expensive CryptoPunk NFT was #8,191 which sold for $438,158 28 days ago.

NFT Sales

NFT Sales in November Improved, 14.46% Up Compared to October

In light of its efforts to encourage the Arab world to join the NFT world, UPYO, the largest NFT marketplace in the Middle East region, began to offer discounts on its NFT marketplace, up to 70%



Celebrating White Friday, UPYO started its deals from November 18 to the end of this month. UPYO gives NFTs maniacs discounts ranging between 30%, 50%, and up to 70%.



All UPYO users in the Arab world enjoy a feature through which they can put their NFTs on discount. The NFT artists on the platform are free whether they want to put their digital collectibles on discount or not.



Regarding those, who want to purchase NFTs, they enjoy the NFTs&#8217; prices without an increase as the platform will offer discounts on several NFTs in coordination with NFT creators and artists.



UPYO&#8217;s move comes to encourage the Arab audience to join the world of Web 3.0 and digital assets in various ways to expand its footprint in the Arab world as a pioneering platform for all that is new in the world of NFTs, blockchain, and the virtual world.



As of April 15, 2021, the volume of NFT sales on the Ethereum, Ronin, and Flow blockchains over the past 30 days recorded a total value of about $78 million. While as of October 15, 2022, the total sales of NFTs over 30 days is approximately $24.7 million.



These figures are expected to increase in the coming period, especially with the huge development that is taking place in the virtual world in the current period as the Arab market is not considered a real player in all of these events.



Therefore, UPYO encourages the Arab audience to take part in the NFT marketplace by placing the Arab artists&#8217; artworks as NFTs to be handled as investments.



Don&#8217;t miss the White Friday deals on UPYO and get your NFT from your favorite artist at a cheap price till the end of November. And if you are an artist, do not miss the opportunity to promote your NFTs during the White Friday deals.

UPYO

UPYO Gives Discounts on NFTs Up to 70%

OpenSea, the world&#8217;s first and biggest crypto collectibles and non-fungible tokens (NFTs), earned $144.5 million in the third quarter of 2022 in fees from users as most of the money goes to the creators, the Token Terminal platform said.&nbsp;



According to <a href="https://beincrypto.com/opeansea-recorded-144-5m-in-revenue-in-q3/" target="_blank" rel="noreferrer noopener">Beincrypto</a>, OpenSea&#8217;s profits reached only $35 million, which means 76% of the total fees go to the creators.&nbsp;



It is worth mentioning that OpenSea only collects fees worth 2.5% of the sale, while creators can set up to 10% as fees on a collection.



However, the overall sales on OpenSea, during this year, declined from $5.2 billion in January to about 349 million in September.&nbsp;



Beincrypto attributed the reasons for the decline to several factors, including the bear market, the macroeconomic conditions that affected the liquidity in the market, and the reducing interest in the NFTs.&nbsp;



The Volume of NFT Sales This Month&nbsp;



In September, the volume of NFT sales was $1.26 billion, with a decrease of 24.4% compared to August, according to Dune Analytics.&nbsp;



About 88% of the total NFT sales goes to Ethereum in September, a drop of 5% compared to 95% in August, while Solana hiked 6% in September to reach 10% of the total sales after it was only 4% in August.&nbsp;



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Overall USD volume in September was $1.26B, a 24.4% fall in comparison to August. &#8211; ETH NFT vol represented 88% of the total NFT vol, a decrease from 95% in Aug. &#8211; SOL NFT vol saw a 91% rise in comparison to Aug, now representing 10% of the total NFT vol (4% in Aug). <a href="https://t.co/IM0Nfil6xy">pic.twitter.com/IM0Nfil6xy</a>&mdash; NFTgators 🐊 (@NFTgators) <a href="https://twitter.com/NFTgators/status/1576509461644316672?ref_src=twsrc%5Etfw">October 2, 2022</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Moreover, the number of users went up 0.5% to record more than 569,000 in September. Ethereum users fell by 9.5% to reach 393,000, however, Solana users increased by 41%, amounting to 155,000, representing 27% of the total users in September, while they were 19% in August.&nbsp;



Beincrypto pointed to a strong start in October for the NFTs, indicating that NFT sales on Ethereum surpassed $10 million over the past 24 hours, with 18,895 transactions.&nbsp;



In addition, sales on Solana increased by 28%, recording $2.1 million in 24 hours.



It is worth noting that the volume of trade of NFTs went down around 97% since the beginning of 2022, according to figures released by&nbsp;<a target="_blank" href="https://dune.com/thomas_m/NFT-stats" rel="noreferrer noopener">Dune Analytics</a>.&nbsp;



Dune&#8217;s figures showed a decline in the trading volume from $17 billion in January this year to $466 million in September, reflecting the loss of about $2 trillion in the market capitalization of the crypto market between November 2021 and July 2022.&nbsp;

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