NFT sales continue to decline, with ETH-based NFTs seeing a 20% drop in the past week

 

Non-fungible token (NFT) sales over the last seven days are ending the year 13.97% lower than the week prior. During the last week, statistics show that $147,054,554 in NFT sales were recorded across 334,668 NFT buyers.

NFT Sales Continue to Slip: 13.97% Decrease in Last Seven Days

NFT sales are down this week, 13.97% lower than last week according to cryptoslam.io metrics. 2022 hasn’t been a good year for NFTs as sales and NFT values have slid dramatically over the last 12 months. Out of the $147.05 million in NFT sales this past week, NFTs that derived from Ethereum (ETH) represented $113.86 million of the aggregate sold in seven days. However, ETH-based NFT sales slipped by 20.4% during the past week.
Solana NFT sales jumped 91.36% higher this week as the chain saw $23.64 million in seven-day sales. While Solana’s increase was large, Waves-based NFT sales increased by 302.59% but only sold $7,609 worth of NFTs. Theta’s NFT sales jumped by 132.29% over the last week but only sold $358 worth of digital collectibles.

Comments

Post a Comment

Popular posts from this blog

Abkhazia Police Seize 396 Crypto Mining Rigs in 48 Hours as Electricity Woes Continue

Image
  Police in Abkhazia have confiscated 396 crypto mining rigs in the space of just 48 hours – as the de facto state continues its battle against illegal miners. The government has blamed illegal miners for crippling power shortages and rolling blackouts that have left thousands without electricity. The state’s political status is contentious. Many nations recognize it as part of Georgia, but others – including its closest ally Russia – have recognized it as a sovereign nation…. Read More: Abkhazia Police Seize 396 Crypto Mining Rigs in 48 Hours as Electricity Woes Continue  Police in Abkhazia have confiscated 396 crypto mining rigs in the space of just 48 hours – as the de facto state continues its battle against illegal miners. The government has blamed illegal miners for crippling power shortages and rolling blackouts that have left thousands without electricity. The state’s political status is contentious. Many nations recognize it as part of Georgia, but others – inclu...
Read more

Everything Blockchain Broadens Global Reach with First International Patent for EB Control

Image
  Patent exemplifies company’s commitment to share innovation and advancements with the worldwide community Everything Blockchain, a technology company that is blending blockchain, DBMS and Zero Trust to deliver disruptive new ways to store, manage and protect data, announced that it has been granted patent number CN 114175580 B ,  “Enhanced Secure Encryption and Decryption System,” by China’s Patent Office. EBI remains committed to delivering the international business community a zero trust data access and protection solution that ensures chain of custody across the life of the data. Related to this post......
Read more