$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge

NFT

During the last seven days, there’s been $2.53 billion non-fungible token (NFT) sales, up 161% over the past week. Ethereum’s blockchain recorded the most NFT sales with $2.45 billion of the aggregate while the Solana network saw around $31.9 million in NFT sales this week. Across 258,536 NFT buyers this week, the NFT collection Meebits captured $1.23 billion in NFT sales.

With $2.5 billion in NFT sales across 10 channels, Ethereum NFT sales dominate by over 96%

A large number of non-fungible token sales continue as sales recorded on the top 10 blockchains with NFT compatibility amounted to $2.53 billion in NFT sales.

The metric is up 161% during the course of the week, but Ethereum’s NFT sales represent the lion’s share. NFTs stemming from Ethereum captured $2.45 billion and sales on the Ethereum blockchain are up 184% according to cryptoslam.io’s data on Sunday.

Of the top ten blockchain networks this week, Theta saw its seven-day sales increase by 490.39%. Sales on the Wax blockchain increased by 17.10% and sales on the Flow blockchain jumped by 1.04% last week.

The biggest sale this week, in terms of the most expensive NFT sold in seven days, was Meebit #13824 when it sold for 15,000 ETH or $50.61 million four days ago. Meebit #9711 sold for a touch less than #13824 at 14,730 ether or $49.25 million at the time of settlement.

Meebits recorded a seven-day sales increase of 31,948.20% and the collection is the best NFT compilation in terms of sales this week. The Meebits collection saw 574 buyers across 2,199 transactions spend $1.23 billion in sales.

The week’s second most sold collection is the NFT project Loot as it has seen $281 million in weekly sales according to cryptoslam.io metrics. Loot is followed by Cryptophunks V2 as that NFT project saw $142 million in sales.

As Opensea nears $15 billion, Axie Infinity nears $4 billion in all-time NFT sales volume

As Bitcoin.com News reported earlier this week, there has been an influx of traders taking advantage of the new NFT Looksrare marketplace. The Looksrare NFT market topped Opensea’s seven-day sales stats with $444.55 million.

Opensea has seen $120.55 million in sales this week, down 32.58% from the week prior. Solana’s Magic Eden was the third-largest marketplace this week with $7.68 million in sales, according to dappradar.com stats.

Meanwhile, two NFT projects are set to hit new milestones in all-time NFT sales volume. The Opensea NFT marketplace, which supports Ethereum and Polygon blockchains, is approaching $15 billion in total sales with $14.68 billion today.

Axie Infinity is getting close to topping $4 billion in total sales, as the NFT project has accrued $3.94 billion so far. Furthermore, Flow’s NBA Top Shot is getting close to $1 billion in volume with $776.49 million total and Solana’s Magic Eden is also nearing the $1 billion mark with $615.05 million in all-time sales.

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