NFT Sales Drop 15% to $64.9 Million, While Solana Sales Surge 44%
NFT Sales Decline: NFT sales volume dropped by 15.72% to $64.95 million, with buyer participation falling by 68% and seller participation by 71%, indicating a significant downturn in market activity.
Cryptocurrency Market Performance: While Bitcoin recovered to $90,000 and Ethereum held steady at $3,000, the overall crypto market cap increased to $3.07 trillion, contrasting sharply with the NFT sector's decline.
Top NFT Collections: Major NFT collections like DMarket and Algebra Positions saw significant sales declines, with DMarket leading at $4.50 million, down 40.45% from the previous week.
Blockchain Sales Rankings: Ethereum maintained the top sales position among blockchains at $23.93 million, despite a 10.88% drop, while Solana experienced a 44.54% increase in sales, reaching $5.54 million.
About the author









