NFT Sales Surge 94% to $178.8M as Ethereum Leads the Charge

NFT sales have seen a remarkable surge, increasing by 94.1% to reach $178.8 million, according to the latest data. This surge comes amid Bitcoin's record-breaking price of $93,434.36, with the global cryptocurrency market cap now at $3.03 trillion, marking a 4% daily rise. Bitcoin has recently retraced slightly to $91,295.

Ethereum Leads NFT Market Growth

Ethereum has solidified its dominance in the NFT space, with sales on its blockchain reaching $67.5 million this week—a 130% increase from the previous seven days. The number of Ethereum-based NFT buyers also saw a notable rise, growing by 48.03% to 32,064.

Bitcoin and Other Blockchains See Significant Gains

Bitcoin follows closely behind Ethereum with a 139.46% increase in NFT sales, totaling $59.2 million over the last week. Solana ranks third, with a 94.65% increase in NFT sales, reaching $24.4 million. Meanwhile, Mythos Chain holds steady in fourth with $10.8 million, although its sales saw a slight decline of 0.48%. Immutable rounds out the top five with $4.75 million in sales, reflecting a positive growth of 23.82%.

BRC-20 NFTs Continue to Dominate

BRC-20 NFTs have remained strong, with sales surging by 207.87% to $28.1 million. The popularity of the CryptoPunks collection continues to soar, with CryptoPunks #8958 leading the way, selling for $519,009 (169.69 ETH), followed by CryptoPunks #6472 at $463,724 (149.5 ETH), and CryptoPunks #1219 at $453,302 (140 ETH).

Other top sales include BOOGLE #BC4biTu, which sold for $269,314 (1250.02 SOL), and CryptoPunks #784, which fetched $216,212 (70 ETH).

Key Metrics:

• NFT Sales Volume: $178.8 million (+94.1%)
• Ethereum Sales: $67.5 million (+130%)
• Bitcoin Sales: $59.2 million (+139.46%)
• Solana Sales: $24.4 million (+94.65%)
• Top NFT Collection: CryptoPunks, with multiple sales in the $450K-$519K range.

Overall, NFT market activity has surged dramatically, with a 251.19% increase in buyers (294,626) and a 236.89% rise in sellers (189,367), signaling growing participation across the NFT ecosystem.