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NFT market roundup: Ethereum, Solana dominate, CryptoPunks lead the pack

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Within the week ending July 6, the NFT market lastly hit a inexperienced patch, with spectacular gross sales volumes throughout the Ethereum (ETH) and Solana (SOL) blockchains. Right here’s an in depth have a look at the week’s high performers and traits.

Prime 5 blockchains by NFT gross sales quantity

knowledge from Crypto Slam, Ethereum led the NFT gross sales quantity charts this week, amassing a staggering $44.3 million. This complete included $36.77 million in direct gross sales and a further $7.538 million from wash buying and selling, affirming Ethereum’s stronghold within the NFT ecosystem.

The direct gross sales numbers had been a 15.66% enchancment from the earlier week, though complete gross sales had been nonetheless down greater than 8%.

Blockchains by weekly NFT gross sales quantity | Supply: CryptoSlam

Solana adopted, leveraging its quick and cost-effective transactions to attain $24 million in gross sales, which was a 34.3% improve from final week’s figures. Of the quantity, $22.4 million got here from direct transactions and $1.6 million from wash buying and selling. 

Apparently, the wash buying and selling on Solana went up by greater than 83%, with the direct gross sales additionally reflecting a 31% enchancment from the earlier week.

Bitcoin falters

Bitcoin (BTC), identified primarily for its cryptocurrency dominance, recorded $15.886 million in gross sales — a 14.51% drop from the week ending June 30. The quantity included $15.63 million from direct gross sales and a modest $255,349 from wash buying and selling. 

Regardless of a scalable platform, Polygon (MATIC) had a poor week, producing solely $20.11 million in gross sales, cut up between $12.03 million in direct gross sales and $8.08 million from wash buying and selling. The determine represented a dip of greater than 18% from the prior week.

Mythos Chain (MYTH) rounded out the highest 5. It recorded $3.80 million in gross sales. The vast majority of this, $3.79 million, got here from direct transactions, with minimal wash buying and selling, reflecting a steady development in its consumer base.

Prime 5 NFT collections by gross sales quantity

Among the many high NFT collections by gross sales quantity, DMarket on the Mythos Chain led with $3.53 million in gross sales, unfold throughout 153,277 transactions involving 11,568 consumers and 9,295 sellers. Nonetheless, the quantity was practically 16% decrease than final week’s haul.

NFT market roundup: Ethereum, Solana dominate, CryptoPunks lead the pack - 2
NFT assortment rankings by weekly gross sales quantity | Supply: CryptoSlam

Ethereum’s Pudgy Penguins intently adopted with $3.45 million, achieved by way of solely 99 transactions, highlighting the excessive worth of every commerce. 

Solana’s DogeZuki Assortment earned $3.19 million in gross sales from 73,404 transactions, showcasing its recognition amongst collectors. One other Solana assortment, Mad Lads, recorded $3.12 million in gross sales by way of 239 transactions, indicating a excessive stage of engagement. 

The long-lasting Bored Ape Yacht Membership (BAYC) on Ethereum rounded out the highest 5 with $2.57 million in gross sales from 83 transactions, sustaining its elite standing within the NFT world.

Prime 5 NFT collectible gross sales

  • The highest particular person NFT collectible gross sales featured some spectacular figures. CryptoPunks on Ethereum continued to command excessive costs, with one collectible promoting for $386,916.
  • Solana’s BOOGLE #089 fetched $191,517, highlighting the chain’s vibrant NFT market. 
  • An revolutionary monetary NFT, gUSDC Locked Deposit on Arbitrum (ARB), offered for $90,744.
  • Bitcoin’s Ordinal Maxi Biz recorded a sale of $84,331.
  • Cardano (ADA) additionally made a notable entry with a collectible promoting for $49,078.

Prime 5 fan tokens by gross sales quantity

NFT market roundup: Ethereum, Solana dominate, CryptoPunks lead the pack - 3
Prime fan tokens by weekly gross sales quantity | Supply: CryptoSlam
  • Within the house of fan tokens, Galatasaray’s token on the Chiliz (CHZ) blockchain noticed an enormous surge of 70,149%, reaching $280.53 million in gross sales. 
  • FC Barcelona adopted with $50.16 million, reflecting sturdy fan engagement.
  • Paris Saint-Germain’s token continued to carry out effectively, recording $46.71 million in gross sales.
  • Juventus additionally noticed substantial help from its followers, with $32.68 million in token gross sales. 
  • The eSports staff OG’s fan token gross sales underscored the rising intersection between sports activities and digital belongings, reaching $28.92 million after skyrocketing 643.6%.

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