NFT Sales Jumped 22% Higher This Month With $568 Million in NFTs Sold Across 20 Blockchains

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Non-fungible token (NFT) sales have shown improvement during the last month as 30-day statistics show NFT sales are up 22.37% higher than the month prior. During the last seven days, NFT sales are up 5.13% higher than the week before. Additionally, over the last two days, the floor value of Bored Ape Yacht Club (BAYC) NFTs managed to jump above the floor value of Cryptopunks NFTs by more than four ethereum.

NFT sales improve in November, up 22% over October sales – BAYC floor surpasses crypto

Roughly two weeks ago, Bitcoin.com News reported on two blue chip NFT collections – Cryptopunks and the Bored Ape Yacht Club (BAYC) NFTs. At that point, Cryptopunks NFTs managed to rise above BYC NFTs in terms of NFT floor value, but during the last two days, Bor Ape floor value has once again taken the reins.

At the time of writing, the floor value of the cheapest BAYC is 69.88 ether, while the Cryptopunks floor value is 65.94 ether. BAYC’s floor price has managed to remain above the floor value tied to the Cryptopunks collection for two days.

NFT sales have been high during the past 30 days as there were $568.19 million in digital collectible sales last month, up approximately 22.37% from the previous month. The number of NFT buyers decreased by 12.83% last month, and the NFT transaction volume decreased by 27.09% from the number of NFT transactions last month.

Out of the $568.19 million in NFT sales, $443.55 million worth of those sales were Ethereum-based NFTs. Ethereum-based NFT sales are up 45.99% higher than last month, according to stats recorded by cryptoslam.io.

The largest month-on-month NFT sales increase came from Arbitrum Blockchain NFT sales, as Arbitrum NFT sales grew by 46.83%. Phantom sales were up 43.58% over the past month, well below Ethereum and Arbitrum-based NFT sales.

The blockchains that saw significant month-over-month declines include Cardano NFT sales down 54.98%, BNB shed 49.21%, Polygon NFT sales slipped by 66.35%, and Ronin-based NFT sales are down 54.76%. Avalanche-based NFT sales have dropped 49.32% lower than the month prior as well.

During the last month, the NFT collection with the highest sales was BAYC, as it captured $64,907,645 in the last 30 days. Art Gobblers raised $57.18 million and Mutant Ape Yacht Club (MAYC) NFTs raised $29.14 million.

Out of the top 40 NFT collections in terms of sales, Meebits saw the largest 30-day increase as Meebits NFT sales jumped 172.85% higher this month to $2.53 million. The most expensive NFT sold during the last month was Bored Ape Yacht Club #8,633 as it sold for $953K 12 days ago.

BAYC #8,633 was followed by BAYC #1,268, which sold for $923K six days ago, and BAYC #232, which sold six days ago for $908K. The top five most expensive NFTs sold during the last 30 days were BAYC NFTs, and the sixth largest sale was Cryptopunk #8,191 which sold for $438K approximately 26 days ago.

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