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  3. NFT Trading Volume Soars by 14.99% to $95.72M, Buyers Drop by 90% in Weekly Report

NFT Trading Volume Soars by 14.99% to $95.72M, Buyers Drop by 90% in Weekly Report

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Record-breaking Week for NFT Sales: Ethereum Dominates, Bitcoin Follows

NFT Sales Surge to $95.72 Million

Increased Volume After Weeks of Decline

Recent data reveals a significant uptick in NFT sales, reaching an impressive $95.72 million this week. This marks a notable 14.99% increase compared to the previous week, breaking the trend of declining trading volume. Despite this surge in sales, the number of buyers dropped by 90.21%, while the number of NFT sellers also saw a significant decrease of 88.80%.

Ethereum Leads Sales with $31.14 Million

Bitcoin and Solana Follow Closely

Out of the various blockchains, Ethereum emerged as the top performer this week, generating seven-day sales of $31.14 million, showcasing a growth of 13.25%. Following closely behind, Bitcoin-centered NFT sales secured the second position with a total of $26.01 million. Solana also made a mark in the NFT market, claiming the third spot with sales amounting to $12.97 million from November 2 to November 9.

ChainCatcher’s Reminder to Readers

A Cautionary Note on Blockchain Investments

ChainCatcher emphasizes the importance of approaching blockchain investments with caution. It encourages readers to maintain a rational view, enhance their risk awareness, and be wary of various virtual token issuances and speculative practices. The content presented on this platform serves as market information and reflects related party opinions. It does not constitute any form of investment advice. If any sensitive information is encountered, readers are urged to utilize the “Report” feature for prompt handling.

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NFT Trading Volume Soars by 14.99% to $95.72M, Buyers Drop by 90% in Weekly Report
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Disclaimer:

The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
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