Bitcoin Dominates as NFT Sales Surge 35.14%

The week saw high-value transactions, with “Burgie” on Bitcoin blockchain being the most expensive at $1.44 million.

Compared to the previous week, sales of non-fungible tokens (NFTs) on the market have increased by 35.14% as the value of cryptocurrencies has increased. The NFT sector has experienced sales growth for the third consecutive week, with Bitcoin-based NFTs taking the lead.

According to data collected by Cryptoslam.io over the weekend, NFT sales for the previous week totaled $412,384,130, representing a 35.14 percent increase compared to last week’s sales figures.

Bitcoin exhibited the highest NFT sales volume among the twenty-one distinct blockchains examined, accumulating $154.82 million, a rise of 103.29%.

Ethereum, which generated $153.94 million in revenue during the same time frame, exhibited a 10.60% surge in NFT transactions denominated in ETH. NFT sales increased across the top five blockchains (Solana, BNB Chain, and Mythos Chain) compared to the previous week.

Unforeseen Ordinals, a collection of Bitcoin non-fungible tokens, achieved the highest-grossing status for the week, amassing $39,037,963 in sales—a substantial 213.99% growth compared to the previous week.

The Nodemonkes collection, which collected $32,648,037 in NFT transactions, followed closely behind.

After these two preeminent collections, Pandora, Creepz, and Cryptopunks comprised the top five collections of NFTs in terms of sales volume. Additional compilations of notable NFTs included Dmarket NFTs and NATCATS TAP NFTs.

Bitcoin Dominates High-Value NFT Transactions

The most expensive NFT transaction of the week took place on the Bitcoin blockchain three days ago, when an NFT called “Burgie” was acquired for $1.44 million.

‘Composable Restaking Position,’ an NFT based on Solana, was exchanged for $1.1 million, whereas ‘Lif3 v3 Position,’ an NFT based on Ethereum, garnered $597,800. Furthermore, a Polygon ‘Dfyn’ NFT was sold for $100,000 two days ago, and a BNB Chain ‘Lockdeal’ NFT was acquired for $416,504 approximately one day ago.