The NFT market has seen a significant increase in sales over the past 7 days, with the total trading volume exceeding $224 million.
The surge in NFT sales came as major crypto assets posted mixed trends, with BTC reclaiming the $100,000 mark but ETH facing a pullback from its $4,000 high.
Data from CrtyptoSlam shows that the NFT sector is booming in recent days, with total sales volume jumping 16.36% to $224.2 million.
The NFT market continues to be dominated by Ethereum-based NFTs, recording $118.2 million in sales, an increase of 21.31% as Bitcoin NFTs report sales of $51.8 million . Solana, the most popular blockchain network today, achieved 31% growth with revenue of $21.6 million.
To everyone’s surprise, little-known blockchain network Mythos Chain and ImmutableX round out the top five blockchains, bringing in $10.9 million and $8.5 million in sales, respectively.
In terms of collections, Pudgy Penguins continues to dominate with a 45% increase in sales, reaching almost $30 million. The collection has expanded its influence beyond digital art by venturing into physical products and toys.
This increase in NFT sales highlights the resilience and growing appeal of the market, even amid broader cryptocurrency market volatility.
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