This week, the following five NFT platforms dominated sales: Ethereum, Polygon, Bitcoin, Solana, and Mythos. Despite an 11.55% drop on the network, Ethereum dominated the digital collectibles sales with $32.42 million, accounting for $101.46 million in total.
Sea Dragon, Sunny Girl, Milady NFT, and ONFA collections have recently joined Polygon, increasing the platform’s collection variety. Pudgy Penguins Ethereum experienced a significant value decrease of 20.84%, whereas Bitcoin Puppets gained 11.20%. In a noteworthy sale just a few days ago, Cryptopunk #627 was sold for a staggering $836,149, making it the most expensive NFT transaction of the week. Additionally, Urbannode on the Solana network was sold for $37,749, and Punk #50 on the Bitcoin blockchain fetched $306,725, completing the trio of notable sales. Interestingly, despite the cryptocurrency market’s recent slump, these highlighted NFT sales demonstrate a contradictory trend. While Ethereum remains dominant despite the market volatility, the recent gains of Polygon indicate a shift in focus among NFT traders towards digital collectibles.
There was a 42.92% increase to $22.19 million in Polygon this week, and a 1.55% increase to $17.87 million in Bitcoin.
Cryptopunks on Ethereum was the top-selling NFT collection of the week, with a sales volume of $5.7 million. The second-place Mythos Dmarket NFT sales reached $4.13 million, despite a 5.9% decline. With $3.56 million in revenue, an increase of 4.54%, Bored Ape Yacht Club (BAYC) secured third place. The fourth-place finishers were Nodemonkes, which is based on Bitcoin, and Gods Unchained, developed by Immutable X.
With the addition of Sea Dragon, Sunny Girl, Milady NFT, and ONFA collections, the variety of collections on Polygon has grown substantially since last week. Pudgy Penguins Ethereum lost 20.84% of its value, while Bitcoin Puppets gained 11.20%.
Polygon has seen a significant increase of 42.92% to $22.19 million this week, indicating a shift in focus towards digital collectibles. Bitcoin also experienced a slight increase of 1.55% to $17.87 million. Cryptopunks on Ethereum emerged as the top-selling NFT collection with a sales volume of $5.7 million. Mythos Dmarket secured the second spot with $4.13 million in sales. Bored Ape Yacht Club (BAYC) claimed third place with $3.56 million in revenue. Nodemonkes and Gods Unchained occupied the fourth place. Several new collections such as Sea Dragon, Sunny Girl, Milady NFT, and ONFA were added to Polygon, expanding the variety of offerings. Ethereum’s Pudgy Penguins experienced a decline of 20.84%, while Bitcoin Puppets gained 11.20%.
Cryptopunks on Ethereum was the top-selling NFT collection of the week, with a sales volume of $5.7 million. Mythos Dmarket NFT sales reached $4.13 million, despite a 5.9% decline. Bored Ape Yacht Club (BAYC) secured third place with $3.56 million in revenue, an increase of 4.54%. Nodemonkes, based on Bitcoin, and Gods Unchained, developed by Immutable X, rounded off the top four. Sea Dragon, Sunny Girl, Milady NFT, and ONFA collections were added, expanding the variety of collections on Polygon. Pudgy Penguins Ethereum lost 20.84% of its value, while Bitcoin Puppets gained 11.20%.
Just four days ago, Cryptopunk #627 fetched $836,149, making it the priciest NFT to sell this week. Urbannode on the Solana network went for $37,749 the other day, and Punk #50 on the Bitcoin blockchain for $306,725 five days ago. completing the trio.
The highlighted NFT sales trend paints a contradictory picture, coinciding with this week’s slump in the cryptocurrency market. Although Ethereum maintains its lead despite the volatility, the recent gains of Polygon—both this week and last—indicate a change in focus among NFT traders regarding digital collectibles.
Sea Dragon, Sunny Girl, Milady NFT, and ONFA collections have been recently added to Polygon, expanding the range of collections available. Pudgy Penguins Ethereum experienced a 20.84% decrease in value, whereas Bitcoin Puppets saw an increase of 11.20%. Only a few days ago, Cryptopunk #627 was sold for $836,149, marking it as the most expensive NFT sale of the week. Additionally, Urbannode on the Solana network sold for $37,749, and Punk #50 on the Bitcoin blockchain fetched $306,725. These recent sales reflect a contradictory trend amidst the cryptocurrency market downturn. Despite the market volatility, Ethereum remains dominant, but the increasing interest in Polygon indicates a shifting focus among NFT traders.