In the last week, the non-fungible token (NFT) market experienced unremarkable sales, totaling $311.31 million. This figure represents a slight uptick of just 0.05% from the previous week. Despite this, Bitcoin NFT sales have consistently outperformed other blockchain networks since November 2023. However, it’s noteworthy that NFT sales on the Bitcoin blockchain have decreased by 19.12% compared to the previous week.
Weekly NFT Sales Reach $311 Million With Bitcoin Leading, Ethereum and Polygon See Impressive Growth
Data from cryptoslam.io over the past seven days shows that NFT sales reached $311.31 million. However, there was a significant decrease in market participation: the number of NFT buyers fell by 69.40%, and the number of sellers declined by 68.09% during the same period.
Sales of NFTs from the Bitcoin blockchain totaled $107.16 million, accounting for 34.42% of the overall sales across 21 distinct blockchain networks. Nonetheless, sales of Bitcoin-based NFTs experienced a
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