Digital Collectibles Spike in Activity as Ethereum and Bitcoin Top the NFT Charts

NFTs enjoyed an increase in sales and activity this week. The number of digital collectible sellers rose by 107.92%, the number of NFT buyers jumped by 87.54%

NFT sales increased by 22.38% last week, reaching $92.95 million, with Ethereum and Bitcoin NFTs leading the way.

Digital Collectibles Surged as Ethereum, Bitcoin Top NFT Chain Rankings

NFTs saw a good week in terms of sales activity. Digital collectible sellers increased by 107.92%, NFT buyers jumped by 87.54%, and NFT transactions were roughly 15% higher than the week prior, with 1,947,124 NFT trades.

According to metrics gathered by cryptoslam.io, Ethereum was the top blockchain this week in terms of NFT sales.

Out of the total, $33.61 million was collected by Ethereum, showing an increase of 31.7%.

Bitcoin took the second position with NFT sales gathering $21.41 million over the course of the week.

NFT sales linked to Bitcoin increased by 35.6% compared to the previous week.

In third place, Solana-based digital collectible sales saw $16.69 million, which was a rise of 40.87%.

The Mythos NFT collection on Dmarket was the top compilation this week, raking in $5.23 million, but Dmarket sales were down 31.09% lower than last week.

Bitcoin’s Uncategorized Ordinals collection took the week’s second spot in terms of high-ranking sales for NFT collections.

Uncategorized Ordinals managed to snag $4.86 million, up a significant 1,816% compared to last week.

The third position in sales was the Immutable X collection Guild of Guardians (GoG).

GoG managed to record $3.02 million, which is a modest 1.39% increase.

The most expensive NFT sold this week was an Uncategorized Ordinal that fetched $4.55 million.

The second most costly digital collectible sold was an Ethereum-based Tokenvestingplans NFT, which sold for $913,526.

Lastly, a BNB Chain-centric Lockndeal NFT sold for $114,511 three days ago.

The latest data suggests a renewed interest in digital collectibles, reflecting increased participation across major blockchains and NFT collections.

While Ethereum and Bitcoin continue to lead the pack, the resurgence in Bitcoin Ordinals and Solana-based sales highlights shifting dynamics in the NFT ecosystem.

This week’s standout sales highlight a growing diversification within the NFT market, indicating evolving preferences among buyers and sellers.

It’s logical that the NFT market is aligning with the broader crypto market’s recent growth.

What are your thoughts on this week’s NFT action? Let us know what you think in the comments section below.

The above is the detailed content of Digital Collectibles Spike in Activity as Ethereum and Bitcoin Top the NFT Charts. For more information, please follow other related articles on the PHP Chinese website!