{"id":3672,"date":"2023-02-12T13:57:33","date_gmt":"2023-02-12T13:57:33","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/02\/12\/nft-sales-soar-again-rise-18-43-this-week\/"},"modified":"2023-02-12T13:57:33","modified_gmt":"2023-02-12T13:57:33","slug":"nft-sales-soar-again-rise-18-43-this-week","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/02\/12\/nft-sales-soar-again-rise-18-43-this-week\/","title":{"rendered":"NFT Sales Soar Again! Rise 18.43% This Week"},"content":{"rendered":"

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NFT sales are soaring again! A bull run is underway as the total NFT sales across chains rose by 18.43% this week. Although, the total number of NFT buyers fell by 60% to about 195,716. The Ethereum (ETH) network sales lead the market, with about $230 million NFT trades. The top selling NFT, of course, was a CryptoPunk<\/a>. Here\u2019s what\u2019s happening in NFTs this week.<\/p>\n

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NFT Sales: Up, Up & Away!<\/span><\/h2>\n

The total NFT sales are up by 18.43% this week. With over $270 million recorded across blockchains, sales across most projects are moving on an upwards trend. The Ethereum network leads the way, making up ~85% of the total figure. Moreover, ETH-based NFTs led the way, increasing total sales by 25.42%. The top selling NFT collection on Ethereum was Otherdeed, generating $18,260,273 in sales. Fellow Yuga Labs brand BAYC (Bored Ape Yacht Club) is next with $16,520,662 in sales.<\/p>\n

Following Ethereum is of course Solana, with $20,415,068 worth of recorded sales in the last week. Other blockchains that closely followed are Immutable X ($6,222,375), Polygon ( $3,469,913) , and Cardano ($3,132,714) in total NFT sales, respectively.<\/p>\n

Furthermore, the highest selling NFT last week is CryptoPunk #5066<\/a>. A zombie CryptoPunk with a golden earring and a knitted cap.The #5066 NFT sold for over US $1.4 million. Other NFTs that sold high are a BAYC #7090 ($1.3 million),\u00a0 CryptoPunk #2886, and a couple of Otherdeeds. For the week that was, Autoglyphs see the highest floor price, being around 247.00 ETH ($380,029) as of the time of writing.<\/p>\n

Can NFTs lead the charge to a full blown bull run? It\u2019s still early to say, but with the outing of bad actors and a recent inflow of brands into the space, we see the redemption of trust around digital artifacts. This year has already seen its fair share of scams, hacks, and frauds<\/a>, all within its first 1.5 months. The web3 ecosystem pushes forward in full force, as crypto prices seem to modulate in a stable zone.<\/p>\n

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NFT sales are soaring again! A bull run is underway as the total NFT sales across chains rose by 18.43% this week. Although, the total number of NFT buyers fell by 60% to about 195,716. The Ethereum (ETH) network sales lead the market, with about $230 million NFT trades. The top selling NFT, of course, […]<\/p>\n","protected":false},"author":1,"featured_media":3673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/Untitled-design-35.png","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/3672"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=3672"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/3672\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/3673"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=3672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=3672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=3672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}