NFT Market Sees Notable Revival Amid crypto Rally
The NFT market is bouncing back strongly. Sales have surged by 22.43%, reaching $107.1 million. Data from CryptoSlam shows a 33.82% rise in buyer count to 523,950. Sellers have also increased by 20.75% to 269,713. Transactions are up 22.68% to 1,711,931.
This recovery coincides with Bitcoin’s price hitting $96,000. Ethereum has seen a 1.6% increase over seven days, now at $1,800. The global crypto market cap is now $3 trillion, up from $2.97 trillion last week.
Ethereum leads NFT sales with $26.3 million, a 10.03% jump. Ethereum’s wash trading fell by 13.89% to $3.1 million. Polygon is second with $19.8 million in sales, growing 160.48%. Solana rounds out the top five with $9.2 million in sales, up 3.45%.
Courtyard on Polygon tops collection rankings with $17.3 million in sales, up 98.93%. DMarket is second with $9.4 million, down 5.04%. Guild of Guardians Heroes is third with $5.5 million,up 52.08%.
Notable sales include Pudgy Penguins #6873 for 200 WETH ($360,238) adn CryptoPunks #6472 for 144 ETH ($264,271).
