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.

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