Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) rose by 18.30% compared to the week before, reaching a high of $106.32 million. This week’s NFT statistics reveal an uptick in activity, with the number of buyers and sellers climbing by 17.77% and 15.82%, respectively.
NFT Market Revives With 7-Day Gains
Following a period of decline and unimpressive performance throughout October, NFT sales have rebounded in the last week. The previous week’s NFT sales stood at $89.87 million, but the current week showed an increase of 18.30%, reaching $106.32 million. Leading the charge, Ethereum-based NFT sales amassed $60.91 million, marking an increase of 8.55% this week.
Ethereum’s dominance was closely tailed by Bitcoin’s strong performance, which notched $13.17 million in sales over the week. These figures for Bitcoin-based NFTs rose by 154.75% compared to the previous week, with BTC-based NFTs hitting a record that hadn’t been seen in a significant span. So
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