Over $2 Billion Transaction Within A Week In NFTs – Market Indicators Continuous Growth

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$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge

Over the last week, there have been $2.53 billion worth of non-fungible token sales, an increase of 161%. NFT sales on the Ethereum blockchain totaled $2.45 billion, while those on the Solana network were around $31.9 million. A total of 258,536 NFT buyers purchased the Meebits NFT collection this week, generating $1.23 billion in NFT sales.

A great number of non-fungible token sales continue, as the recorded sales across the top 10 blockchains with NFT compatibility amounted to $2.53 billion in NFT sales.

$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge
Over the last seven days up until January 16, 2022, there’s been $2.53 billion non-fungible token (NFT) sales, up 161% over the past week.

The metric is up 161% during the course of the week, but Ethereum’s NFT sales represent the lion’s share. NFTs stemming from Ethereum captured $2.45 billion and sales on the Ethereum blockchain are up 184% according to cryptoslam.io’s data on Sunday.

$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge
NFT sales on Ethereum jumped 184% this past week.

Out of this week’s top ten blockchain networks, Theta saw an increase in seven-day sales by 490.39%. Sales on the Wax blockchain increased by 17.10% and Flow blockchain sales jumped by 1.04% this past week.

$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge

The biggest sale this week, in terms of the most expensive NFT sold in seven days, was Meebit #13824 when it sold for 15,000 ETH or $50.61 million four days ago. Meebit #9711 sold for a touch less than #13824 at 14,730 ether or $49.25 million at the time of settlement.

$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge
Top ten NFT collections in terms of this week’s sales.

Meebits has seen a 31,948.20% seven-day increase in sales and the collection is the top NFT compilation in terms of this week’s sales. The Meebits collection saw 574 buyers amid 2,199 transactions spend $1.23 billion in sales.

The week’s second most sold collection is the NFT project Loot as it has seen $281 million in weekly sales according to cryptoslam.io metrics. Loot is followed by Cryptophunks V2 as that NFT project saw $142 million in sales.

 

While Opensea Nears $15 Billion, Axie Infinity Nears $4 Billion in All-Time NFT Sales Volume

As Bitcoin.com News reported earlier this week, there’s been an influx of traders leveraging the new NFT marketplace Looksrare. The Looksrare NFT market has outpaced Opensea’s seven-day sales statistics with $444.55 million.

Opensea has seen $120.55 million in sales this week, down 32.58% from the week prior. Solana’s Magic Eden was the third-largest marketplace this week with $7.68 million in sales, according to dappradar.com stats.

$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge
Opensea and Axie Infinity all-time sales volume.

Meanwhile, two NFT projects are about to reach new milestones in terms of all-time NFT sales volume. The NFT marketplace Opensea, which supports Ethereum and Polygon blockchains, is nearing $15 billion in total sales with $14.68 billion today.

Axie Infinity is getting close to topping $4 billion in total sales, as the NFT project has accrued $3.94 billion so far. Furthermore, Flow’s NBA Top Shot is getting close to $1 billion in volume with $776.49 million total and Solana’s Magic Eden is also nearing the $1 billion mark with $615.05 million in all-time sales.

 

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