NFT Market Surges as Sales Volume Reaches $256.9 Million
The NFT market has seen a massive boost, with sales volume skyrocketing by 103.11% to $256.9 million. This is a notable improvement from the previous week’s $84.6 million. According to CryptoSlam data, the number of NFT buyers increased by 18.25%, reaching 694,348. Sellers also rose by 17.77%, totaling 584,235. However, NFT transactions decreased slightly by 8.67% to 1,874,619.
The surge in NFT sales coincides with Bitcoin’s (BTC) rally to $122,000 and Ethereum’s (ETH) climb to $4,500. This bullish trend has pushed the global crypto market cap to $4.2 trillion, up from $3.78 trillion last week.
Key NFT Collections:
- Hypurrr leads with $88.77 million in sales.
- Moonbirds secures second place with $18.72 million.
- CryptoPunks claims third with $17.33 million.
- DX Terminal ranks fourth with $8.67 million.
- DMarket rounds out the top five with $7.95 million.
Ethereum remains the top blockchain for NFT sales, with $97.4 million in volume, a 124.35% increase from last week. The Hypurrr collection on HyperEVM took second place with $88.77 million in sales. mythos Chain, Bitcoin, and Base follow in the rankings.
Individual sales were also impressive,with CryptoPunks #1563 leading at $12.05 million. Four Hypurrr NFTs also made the top five individual sales.
