The non-fungible token (NFT) market had another bullish week, with both transaction sales and reserve prices seeing significant increases. Transaction sales in the global NFT market surged again this week, reaching $300 million, the highest transaction sales since April this year. In this article, we will assess the complete state of the NFT market over the past seven days.
NFT sales exceed $300 million in the past 7 days
Data compiled by CryptoSlam.io, an on-chain crypto asset market aggregator and multi-chain non-fungible token explorer backed by billionaire Mark Cuban, shows that the global non-fungible token market has grown significantly again this week. In the past seven days, the transaction sales of the global NFT market reached $304 million, an increase of 34% from last week. Interestingly, this is the highest transaction sales of the NFT market since the beginning of the year.
Ethereum, the blockchain network that powers the famous Ether and famous NFT collectibles, dominated the NFT market this week. In the past seven days, transaction sales of Ethereum-based NFT collectibles reached $204 million. Sales of Ethereum NFTs increased by 90% from last week. Ethereum NFTs set a record for the highest weekly transaction sales since the beginning of the year.
Bitcoin, a blockchain network that has gained attention in the NFT market for its Ordinals, Runes, and BRC-20 NFT collectibles, was the second most traded NFT blockchain network in the NFT ecosystem this week. In the past seven days, sales of Bitcoin-based NFT collectibles reached $35 million. During this period, sales of Bitcoin NFTs fell by 34% compared to the previous week.
Solana, an open-source blockchain network that supports smart contracts, including non-fungible tokens and various decentralized applications, is the third most traded NFT blockchain network in the NFT ecosystem this week. In the past seven days, the transaction sales of Solana-based NFT series reached $28 million. During this period, the sales of Solana NFTs fell by 7.25% compared to last week.
Mythos Chain, an Ethereum scaling solution network known for powering gaming items in the NFT market, was the fourth most traded blockchain network this week. Over the past seven days, Mythos Chain-based NFT collectibles have generated $10 million in transaction sales. During this period, Mythos Chain NFT sales fell by 0.42% from last week.
Top 10 NFTs with the highest sales in the past 7 days
1. Pudgy Penguins NFT Collectibles
Pudgy Penguins is a world-renowned non-fungible token collection launched by digital asset company Igloo. It consists of 8,888 cute penguins and is hosted on the Ethereum blockchain network. It is the most sold NFT collection in the global NFT market this week. In the past seven days, the sales of Pudgy Penguins NFT collections reached 54 million US dollars. During this period, the sales of Pudgy Penguins NFT increased by 1,10% compared with last week.
2. Lil Pudgy NFT Collectibles
Lil Pudgy is another non-fungible token collection launched by digital asset company Igloo Inc. It consists of 22,222 NFTs and is hosted on the Ethereum blockchain network. It is the second most sold NFT collection on the NFT market this week. In the past seven days, the transaction sales of the Lil Pudgy NFT series reached 19 million US dollars, an increase of 64% from last week.
3. Azuki NFT Collectibles
Azuki is a well-known non-fungible token collection launched by digital asset incubation studio Chiru Labs. It consists of 10,000 pixelated NFT collections and is hosted on the Ethereum blockchain network. It is the third most sold NFT collection on the NFT market this week. In the past seven days, the transaction sales of Azuki NFT collections reached US$18.3 million.
4. Doodles NFT Collectibles
Doodles is a non-fungible token collection launched by digital artist Burnt Toast. It consists of 10,000 cartoon NFTs and is hosted on the Ethereum blockchain network. It is the fourth most sold NFT collection on the NFT market this week. In the past seven days, the transaction sales of the Doodles NFT series reached 13 million US dollars. During this period, the sales of Doodles NFT increased by 258% compared with last week.
5. Azuki Elementals NFT Collectibles
Azuki Elementals is another non-fungible token collection launched by digital asset company Chiru Labs. It consists of 20,000 anime-themed NFTs and is hosted on the Ethereum blockchain network. It is the fifth most sold NFT collection on the NFT market this week. In the past seven days, the transaction sales of the Azuki Elementals NFT series reached $8.2 million. During this period, the sales of Azuki Elementals NFT increased by 244% compared with last week.
6. $?? BRC-20 NFT Collectibles
$??, a non-fungible token collection of digital items created on the Bitcoin blockchain network using the popular BRC-20 protocol, is the sixth most sold NFT series on the NFT market this week. In the past seven days, sales of $?? BRC-20 NFT collections reached $8.2 million. During this period, the transaction sales of $?? BRC-20 NFTs fell by 47.73% compared to last week.
7. CryptoPunks NFT Collectibles
CryptoPunks, a limited edition of 10,000 pixelated NFT collectibles created by digital asset company Larva Labs and now managed by Bored Ape creator Yuga Labs, is the seventh most sold NFT collectible on the NFT market this week. In the past seven days, CryptoPunks NFT collectibles have traded sales of $7.7 million. During this period, the sales of CryptoPunks NFTs increased by 88% compared to last week.
8. DMarket NFT Collectibles
DMarket is a non-fungible token collectible launched by DMarket, a cross-chain market for trading NFTs and virtual items, including non-fungible tokens from popular games such as Counter-Strike 2 and Dota 2. It is the eighth most sold NFT collectible on the NFT market this week. In the past seven days, DMarket NFT collectibles have traded sales of $5.8 million.
9. Cool Cats NFT Collectibles
Cool Cats is a non-fungible token collection launched by popular digital artist and graphic designer Colin Egan, consisting of 10,000 cartoon NFTs, hosted on the Ethereum network, and is the ninth most sold NFT collection on the NFT market this week. In the past seven days, the transaction sales of Cool Cats NFT collections reached $5 million, an increase of 12,53% from last week.
10. Beanz NFT Collectibles
Beanz is another non-fungible token collection launched by digital asset company Chiru Labs. It consists of 19,950 hand-painted PFP NFTs and is hosted on the Ethereum blockchain network. It is the tenth most sold NFT collection on the NFT market this week. In the past seven days, the transaction sales of Beanz NFT collections reached $4.7 million. During this period, the sales of Beanz increased by 330% compared with last week.
NFT Market Predictions
Data analysis shows that the NFT market is taking a break after a fierce rally this week. However, the NFT sector is expected to continue to rise during this holiday season and may see another wave of gains at the beginning of the new year. The rise of NFT will be driven by innovative applications, increased mainstream adoption, and more new digital assets in the NFT market.
English 
Chinese (China) 
Chinese (Hong Kong) 