NFT Sales Pump 23% This Week, As NFT Investors Buying NFTs Increase By 43%

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The non-fungible token market has witnessed tremendous growth this last week of February in terms of trading sales volume, market capitalization and floor prices. Based on the most recent international standings and weekly figures, the global sales of NFTs have surged by 23% from the past week.

NFT Sales Pump 23% This Week

Data compiled by cryptoslam.io, an on-chain market data aggregator, shows that the NFT market has seen significant growth this week. In the past seven days, the global NFT market has raised a trading sales volume of $355 million, representing a 23% spike from the past week.

During this period, the number of crypto investors buying non-fungible tokens has increased by 43% to nearly one million. The number of crypto investors selling their NFTs has surged 23% to 617,000. These trading activities have increased the number of transactions by 2.53% to over 2 million.

Ethereum, a blockchain-based computing network that enables crypto developers to build and deploy decentralized applications, is this week’s most traded blockchain network in the NFT ecosystem. Ethereum has amassed a trading sales volume of $145 million in the past seven days, representing a 5.24 spike from the past week.

Bitcoin, the same blockchain network renowned for powering flagship crypto Bitcoin, is this week’s second most-traded blockchain network in the NFT ecosystem. Bitcoin has recorded a trading sales volume of $115 million in the past seven days, representing a 106% surge from the past week.

Solana, BNB Chain, and Mythos Chain are the third, fourth, and fifth most traded blockchain networks in the NFT ecosystem. In the past seven days, Solana has amassed a trading sales volume of $52 million, while BNB Chain and Mythos Chain have recorded a trading sales volume of $9 million and $7 million, respectively.

Top Selling Multi-chain NFTs In The Past 7 Days

1. Bitcoin Ordinals ‘Uncategorized’ NFTs

Bitcoin Ordinals, a non-fungible token collection created exclusively on the Bitcoin blockchain network using Satoshi Nakamoto’s ordinal theory, has been the top-selling in the past seven days. During this period, Bitcoin Ordinals have attracted a sales volume of $24 million, representing a 196% spike from the past week.

2. Pandora NFT Collection

Pandora, an NFT collection that features a limited edition of 10,000 Replicant NFTs hosted on the Ethereum blockchain network, has been the second most selling NFT collection in the past seven days. During this time, the Pandora NFT collection has recorded a trading sales volume of $21 million. The Pandora NFT sales volume has plunged 40% from the past week.

3. NodeMonkes NFT Collection

NodeMonkes, an NFT collection featuring a limited edition of 10,000 NFTs inscribed on the Bitcoin blockchain network, has been the third most-traded NFT collection in the past seven days. During this time, the NodeMonkes NFT collection has amassed a trading sales volume of $19 million. The NodeMonkes NFT sale has surged 337% from the past week.

4. Froganas NFT Collection

Froganas, an NFT collection featuring a limited supply of 5555 humanoid frogs hosted on the Ethereum blockchain network, has been the fourth most-selling NFT collection in the past seven days. During this time, the Froganas NFT collection has recorded a trading sales volume of $8.4 million. The Froganas NFT sales have surged 196% this week.

5. DMarket NFT Collection

DMarket, an NFT collection from the digital asset firm DMarket hosted on the Mythos Chain, has been the fifth most-selling NFT collection. In the past seven days, DMarket NFT collection has recorded a trading sales volume of $7.2 million, representing a 5.80% surge from the past week.

6. Persona NFT Collection

Persona, an NFT collection themed around anime characters, invested in by Binance Labs to become a web3 gaming ecosystem, has been the sixth most selling in the past seven days. The NFT collection has amassed a trading sales volume of $7.1 million.

7. Creepz NFT Collection

Creepz, an NFT collection from the Overload Universe featuring a limited edition of 11,000 lizard avatars hosted on the Ethereum blockchain networks, has been the seventh most-selling NFT collection this week. In the past seven days, the Creepz NFT collection has recorded a trading sales volume of $6.6 million.

8. $MMSS BRC-20 NFT Collection

$MMSS, an NFT collection created on the Bitcoin blockchain network using the BRC-20 protocol, has been the eighth most-selling NFT collection in the past seven days. During this period, the $MMSS BRC-20 NFT collection has amassed a trading sales volume of $6.4 million.

9. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, an NFT collection from the digital asset firm Yuga Labs featuring a limited edition of 10,000 Bored Ape NFTs hosted on the Ethereum blockchain network, has been the ninth most-selling NFT collection this week. In the past seven days, the Bored Ape NFTs have attracted a trading sales volume of $6.1 million.

10. $SATX BRC-20 NFT Collection

$SATX, a new non-fungible token collection created on the Bitcoin blockchain network using the BRC-20 protocol, has been the tenth most-selling NFT collection in the past seven days. During this period, the $SATX BRC-20 NFT collection has recorded a trading sales volume of $5.8 million.

NFT Market Prediction

The non-fungible market continues to showcase bullish signs of thriving even more in the coming months. Before the end of the year, revenue in the NFT market is projected to reach $2.4 billion. The NFT market revenue is expected to grow at an annual growth rate of 9.10% to reach $3.3 billion by 2028.