DMarket Locked in at Top Spot as NFT Sales Endure Minor Drop

Source: CryptoNewsNet Original Title: DMarket locked in at top spot as NFT sales endure minor drop Original Link:

NFT Sales Volume Overview

NFT sales volume recorded a minor drop, inching downward by 0.47% to $65.58 million from its $67.76 million last week.

According to market data, market participation experienced a strong rebound, with NFT buyers rising by 26% to 292,030 and sellers rising by 24% to about 205,205. NFT transactions remained nearly unmoved, dropping by around 0.95% to 869,747.

Top Collections by Sales Volume

In terms of collections by sales volumes, DMarket on the Mythos blockchain retook the first position, recording $5.32 million in sales, a rise of 72% from last week’s $3.09 million. The collection also processed 142,989 transactions with about 10,681 buyers and 9,007 sellers.

Courtyard on Polygon moved to the second position at $4.99 million, a jump of 66.58% from last week’s $2.97 million. The collection recorded more than 67,000 transactions with 10,039 buyers and 2,192 sellers.

BRC-20 NFTs on Bitcoin snagged the third position with $3.45 million, posting a huge 335.14% rise from the previous week. The collection recorded more than 2,000 transactions, seeing 822 buyers and 602 sellers. The development highlighted the momentum that is presently in the Bitcoin NFT marketplace.

Meanwhile, CryptoPunks jumped to fourth, recording $2.51 million, a rise of 68.62% from last week’s $1.77 million. The Ethereum collection recorded 30 transactions.

Milady Maker was one of the few that experienced a huge decline, dropping to fifth after shaving off 42% from last week’s $3.68 million to register a sales volume of $2.26 million. The collection recorded only 130 transactions with just two buyers and one seller.

YES BOND on BNB took the sixth place, posting a growth of 0.25% to register a $2.15 million volume. The figure is up from last week’s $2.12 million. The collection recorded about 1,643 transactions in the past week.

Performance by Blockchain Network

Ethereum held on to its first position with $20.88 million in sales. The figure was down 23.92% from last week’s $28.06 million. Buyers climbed by 37.19% to 19,798.

Bitcoin moved to second place with $12.12 million, seeing a surge of 70.52% from last week’s $7.38 million. Buyers jumped by 44.08%.

BNB Chain dropped to third at $7.77 million, registering a drop of 18.84% to $9.62 million. Buyers rose by 41.76%.

Polygon came fourth with $6.06 million, a rise of 44.33% from last week’s volume of $4.12 million. Buyers rose by 31.63% to 56,606.

Mythos Chain rose to fifth at $5.46 million, rising 71% from last week’s $3.22 million. Buyers increased by 22.32% to reach 27,248.

Immutable held the sixth position at $3.20 million, seeing a 0.88% drop from last week’s $3.19 million. Buyers rose by 38.96% to 5,079. Solana registered a volume of $2.93 million, down 23% from last week’s $3.96 million, with buyers up by 29.43%.