Non-fungible token (NFT) sales have been lackluster this past week, as the aggregate sales volume during the last seven days has dropped 13.75% since last week. The largest number of sales stemmed from Ronin this week as 45,875 buyers increase Ronin-based NFT sales by more than 72%. The NFT collection that recorded the most sales volume over the last seven days was Clonex as the NFT collection’s sales saw a 94.05% rise.
7-day NFT sales slip 13.75%
After the week of March 20-26, 2022, Google Trends data shows that the search term “NFT” fell from a score of 39 to 37 this week. Since scoring a 100 the week of January 16-22, 2022, the number of queries worldwide for the search term “NFT” has dropped by 63%. Last week, in terms of sales, the NFT sales volume increased by 34%, and the NFT Azuki collection was the top-selling collection. Since Bitcoin.com News published the weekly NFT sales report, seven-day statistics show that NFT sales have decreased by 13.75%.
Metrics derive from cryptoslam.io rankings and the platform records sales stemming from 15 different blockchains. Ethereum saw the most number of NFT sales during the last week with $570.2 million. All 15 blockchain networks processed approximately $662.4 million over the last seven days. This means more than 86% of all the NFT sales last week stemmed from the Ethereum blockchain. However, Ethereum-based non-fungible token sales dropped 12.55% lower than last week’s ETH-based NFT sales.
Blockchain network Ronin was the leader this week in terms of NFT sales, capturing a 72% increase from last week’s numbers. After Ronin NFT sales, Panini blockchain networks increased by 25.47%, Cronos NFT sales increased by 24.13%, and Palm sales jumped by 22.70% this week. Blockchain’s biggest losers in terms of seven-day NFT sales include Tezos down 52.93% and Avalanche down 36.35% since last week.
This week’s top NFT collection in terms of sales is the Clonex NFT compilation which has increased by 94.05%. Clonex has captured $45,945,175 in sales over the last seven days between 487 buyers. Clonex’s seven-day sales stats are followed by Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC), Arcade Land, and Moar respectively. While BAYC was the third-highest last week in sales, BAYC sales volume has dropped by 28.69%.
BAYC still has the most expensive floor price at 109 ether but another collection called PROOF Collective has a floor at 82 ether at the time of writing. The three most expensive NFT sales this week came from the BAYC collection. Bored Ape Yacht Club 5,149 sold for $797,700 or 245 Ether, Bored Ape 7204 sold for $695,800 or 215 Ether, and Bored Ape 1131 traded hands for $627,200 or 180 Ether at settlement.
