NFT Buyers Have Increased By 105% In The Past 7 Days

The non-fungible token market has started showcasing potential signs of recovery after several months of turmoil. The global non-fungible token market broke its recent market resistance and witnessed a notable uptick this last week, marked by a significant surge in people buying NFTs. The number of crypto investors purchasing NFTs has increased by over 100% in the past seven days.

No of Investors Purchasing NFTs Has Soared +100%

Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a non-fungible token collections explorer, shows that the number of investors who bought non-fungible token collections has significantly risen this past week. In the past seven days, the global NFT market has seen over 350,000 crypto investors buying NFTs, showcasing that most crypto investors have already started shifting back attention to the NFT market.

Despite the recent surge in the number of crypto investors seeding in NFTs, the trading sales volume has plunged slightly this past week. In the past seven days, the global non-fungible token market has recorded a trading sales volume of $85 million, down just 2.64% from the past week. During this time, the number of investors who took advantage of the recent market recovery and sold their NFTs surged by 89% to over 170,000.

Ethereum, a decentralized peer-to-peer blockchain network renowned in the non-fungible token market for powering the majority of blue-chip NFT collections, was the most traded network in the NFT market last week. In the past seven days, the Ethereum-based NFT collections have amassed a trading sales volume of $29 million. Ethereum NFT trading sales volume has surged 7% this past week from the previous week.

Solana, an open-source blockchain that supports smart contracts, including non-fungible tokens and various decentralized applications, was past week’s second most-traded blockchain network in the NFT market. In the past seven days, the Solana-based NFT collections have raised a trading sales volume of $17 million. During this time, Solana NFT trading sales have plunged 5.53% from the previous week.

Bitcoin, the blockchain network powering the flagship crypto, Bitcoin, and renowned in the NFT market for hosting the popular Bitcoin Ordinals, Runes and BRC-20 NFT collections, was past week’s third most-traded blockchain network in the NFT market. In the past seven days, the Bitcoin-based NFT collections have amassed a trading sales volume of $13 million. Unlike the Ethereum-based NFTs, the Bitcoin NFT sales volume has dropped by 2.68% from the previous week.

Polygon, an Ethereum scaling solution blockchain network, was past week’s fourth most-traded blockchain network in the NFT market. In the past seven days, the Polygon-based non-fungible token collections have amassed a trading sales volume of $8.3 million. During this time, Polygon NFT trading sales volume has surged by 0.66% compared to the previous week.

The Mythos Chain, another Ethereum-based blockchain network optimized for in-game assets that power the Mythical Games ecosystem, was past week’s fifth most-traded NFT blockchain network. In the past seven days, the Mythos Chain-based NFT collection has recorded a trading sales volume of $5 million. During this time, Mythos Chain NFT trading sales volume has fallen by 41.60 % from the previous week.

Top Selling NFTs In The Past 7 Days

1. DMarket NFT Collection

DMarket, a non-fungible token collection from the DMarket, a renowned NFT and virtual in-game items marketplace created on the Mythos Chain blockchain network, was past week’s top-selling NFT collection. In the past seven days, the DMarket NFT collection has raised a trading sales volume of $4.9 million. DMarket NFT trading sales volume has dropped by 42% this past week from the previous week.

2. Guild of Guardians NFT Collection

Guild of Guardians, a non-fungible token collection from Guild of Guardians, a roguelite mobile RPG game that lets players build their dream team of Guardians to battle against the corrupting threat of the Dread while earning epic rewards, was again past week’s second most-selling NFT collection. In the past seven days, the Guild of Guardians NFT collection has attracted a sales volume of $3.5 million, up 1.02% from the previous week.

3. Sorare NFT Collection

Sorare, a non-fungible token collection from the Sorare, a play-to-win blockchain-based fantasy video game renowned for featuring the world’s best global football players, was past week’s third most-selling NFT collection. In the past seven days, the Sorare NFT collection has amassed a trading sales volume of $3.4 million. Sorare NFT trading sales volume has surged 6.08% this past week from the previous week.

4. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, the flagship non-fungible token collection for the digital asset incubation studio Yuga Labs that features a limited set of 10,000 NFTs hosted on the Ethereum blockchain network, was past week’s fourth most-selling NFT collection. In the past seven days, the Bored Ape Yacht Club NFT collection has recorded a trading sales volume of $3.1 million. The Bored Ape Yacht Club NFT trading sales volume has surged 34% from the previous week.

5. Uncategorized Ordinals

Uncategorized, a non-fungible token collection created on the Bitcoin network using the Ordinal protocol encompassing miscellaneous digital assets on the Bitcoin blockchain that aren’t part of recognized collections, was past week’s fifth most-selling NFT collection. In the past seven days, the Uncategorized Ordinal has amassed a trading sales volume of $3 million, up 410% from the previous week.

6. CryptoPunks NFT Collection

CryptoPunks, a non-fungible token collection featuring a limited supply of 10,000 Ethereum NFTs previously created by the digital asset incubation studio Larva Labs but now managed by the digital asset firm Yuga Labs, was past week’s sixth most-selling NFT collection. In the past seven days, the CryptoPunks NFT collection has attracted a sales volume of $2.4 million. Punks NFT sales volume has surged 27% from the previous week.

7. DogeZuki NFT Collection

DogeZuki, a new non-fungible token collection featuring a fixed supply of 2,800 Shiba Inu dogs- inspired NFTs hosted on the Solana blockchain network, was past week’s seventh most-selling NFT collection. In the past seven days, the DogeZuki NFT collection has raised a trading sales volume of $2.3 million. The DogeZuki NFT trading sales volume has plunged by 16% from the previous week.

8. DeGods NFT Collection

DeGods, a non-fungible token collection from Dust Labs featuring a fixed edition of 4,320 godly characters with modern streetwear and ancient deity-inspired art hosted on the Solana blockchain network, was past week’s eighth most-selling NFT collection. In the past seven days, the DeGods NFT collection has raised a trading sales volume of $2.1 million. DeGods NFT trading sales volume has plunged 10.99% from the previous week.

9. Pudgy Penguins NFT Collection

Pudgy Penguins, a non-fungible token collection from the digital asset firm IglooInc.c featuring a limited supply of 8,888 NFTs hosted on the Ethereum blockchain network, was past week’s ninth most-selling NFT collection. In the past seven days, Pudgy Penguins NFT collection has amassed a trading sales volume of $2 million. The Pudgy Penguins NFT trading sales volume has surged by 21% from the previous week.

10. Solana Monkey Business NFT Collection

Solana Monkey Business, a non-fungible token collection featuring a limited supply of 5,000 unique 24×24 pixels randomly generated Monkeys stored on the Solana blockchain, was past week’s tenth most-selling NFT collection. In the past seven days, the Solana Monkey Business NFT collection has recorded a trading sales volume of $1.9 million. Solana Monkey Business NFT trading sales volume has surged 57% from the previous week.

Top NFT Sales Made In The Past 7 Days

Uncategorized Ordinals was the most expensive non-fungible token sold last week, selling for over $2.4 million three days ago. Bored Ape Yacht Club #2579 was the second most expensive NFT collection sold last week, selling for $342,542 four days ago. Paraluni Perpetual Bond #841 was the third most expensive NFT collection sold last week, selling for $134,751 five days ago.