Over the span of the last seven days, sales of Non-fungible tokens (NFTs) experienced a significant surge, marking an impressive 11.62% increase to reach a total of $442.02 million. The standout transaction of the week was the sale of the ‘Alien’ Cryptopunk #3,100, characterized by its headband, fetching a remarkable $16 million. Notably, Bitcoin-based NFTs dominated the sales landscape across 22 different blockchains.
The surge in NFT transactions over the past week was particularly notable, with Bitcoin-based NFTs leading the charge, accumulating a staggering $166,090,817 in sales. According to data from cryptoslam.io, demand for Bitcoin digital collectibles saw a significant uptick of 14.26% compared to the previous week.
At the forefront of the NFT market were two notable collections hosted on the Bitcoin blockchain, namely Uncategorized Ordinals and Nodemonkes, which amassed impressive sales figures of $41.46 million and $37.02 million, respectively. Additionally, the Natcats Tap NFTs collection made a significant impact, securing the fourth position with total sales reaching $11,227,067.
Following closely behind Bitcoin-based NFTs were transactions on the Ethereum blockchain, registering the second-highest sales volume at $165,264,274. Among Ethereum collections, Cryptopunks emerged as the third-largest contributor to weekly sales, raking in $27,041,685.
Moreover, the Bored Ape Yacht Club (BAYC) and Pudgy Penguins played pivotal roles in bolstering Ethereum’s performance this week, contributing significantly with sales ranging between $11,210,023 and $10,978,077. In total, Ethereum NFT sales experienced an impressive 11.72% surge compared to the previous week.
Ranking third to fifth in terms of NFT sales were the Solana, BNB Chain, and Mythos Chain blockchains. Notably, the Blast blockchain witnessed the most substantial weekly growth, soaring by an impressive 196.64% to reach a sales volume of $5,306,912.
The week’s standout moment, as featured on Bitcoin.com News, was the sale of the ‘Alien’ Cryptopunk #3,100, fetching an impressive $16 million. Other notable transactions included the sale of Solana’s Boogle #071 for $355,368 and an Uncategorized Ordinal NFT for $353,833.
In addition, Friday witnessed the auction of the largest Ordinal inscription, the Runestone, which was sold for 8 BTC, equivalent to $544,713. Leonidas, the creator of Runestop, announced that all proceeds from this auction would be directed towards supporting the network fees for the Runestone airdrop initiative.
