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NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023

Closing out the third week of January 2023, non-fungible token (NFT) possessions saw a 16.39% increase in general sales. 320,580 buyers got involved in the NFT market action this previous week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were tape-recorded over the last 7 days, with $206.06 million being Ethereum-based NFTs.

Ethereum Dominates NFT Market as Blockchains Theta, Fantom, Palm, and Wax See Largest Gains in NFT Sales

Digital ownership continues in 2023 with $256.69 million in non-fungible token (NFT) sales over the last 7 days, according to data from cryptoslam.io. This represents a 16.39% increase from the previous week’s NFT sales and consists of 1,355,376 NFT deals. An overall of 320,580 buyers got involved in the marketplace activity, a 43.48% increase from the previous week.

Out of 20 distinct blockchain networks, Ethereum (ETH) controlled, with $206.06 million of the previous week’s sales originating from the ETH chain. ETH-based NFT sales increased by 24.78% over the recently. The second-leading blockchain in terms of NFT sales today is Solana (SOL), which had $36,378,730 in NFT sales. However, Solana NFT sales were down 10.44% compared to the previous week.

The blockchains that saw the biggest seven-day gains in terms of NFT sales were Theta, up 239%; Fantom, up 144%; Palm, up 97%; and Wax, up 73% today. The top-selling cryptographic collections today consisted of Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC), Bored Ape Kennel Club (BAKC), Azuki, and Otherdeed.

The leading 3 most costly NFT sales today consist of Bored Ape Yacht Club #4,025, which offered 7 days ago for $613,000; Cryptopunk #7,674, which cost $451,000 5 days back; and Cryptopunk #7,641, which cost around $418,000 3 days back. At 10 a.m. Eastern Time on Sunday, Jan. 22, 2023, Cryptopunks had the greatest flooring worth at 66.69 ETH, while BAYC’s flooring was simply below at 66.247 ETH, according to information from nftpricefloor.com.

What do you consider today’s increase in non-fungible token sales? Let us understand what you consider this topic in the comments area below.

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