In the ever-evolving world of crypto art and digital collectibles, Ethereum NFTs have made a resounding mark this week, taking the lead in weekly trading with a trading volume of $32 million. But the crypto art scene is not limited to Ethereum; there are exciting developments happening across various blockchain networks, offering a diverse range of NFT collections.
Ethereum NFTs Shine Despite Market Fluctuations
Ethereum, the largest blockchain for NFTs, continues to be a powerhouse in the crypto art market. Over the past seven days, Ethereum NFTs have amassed an impressive trading sales volume of $32 million. This massive figure, however, comes alongside a 5.02% decrease in trading values for the week.
Despite this drop, Ethereum remains a formidable player in the crypto art scene, with numerous popular NFT collections finding a home on this blockchain.
Mythos Chains: Rising Stars of NFTs
Coming in second place, the Mythos Chains blockchain hosts an array of digital collectibles that have caught the attention of investors and enthusiasts alike. Mythos Chains NFTs recorded a trading sales volume of $9.1 million over the past week, showcasing a remarkable 6.93% growth.
The Mythos Chains platform is becoming a hub for unique and sought-after NFT collections, making it a platform worth watching.
Solana: Decentralized Excellence
Solana, a decentralized blockchain network, occupies the third spot in the weekly NFT trading race. Solana-based NFTs have garnered a trading sales volume of $5.5 million in the last seven days, even though they experienced an 8.14% drop in trading values.
Solana’s fast and low-cost transactions make it an appealing choice for artists and collectors looking to engage with the NFT market.
Polygon and Immutable X: Steady Performers
The fourth and fifth spots are claimed by Polygon and Immutable X, with trading sales volumes of $5.2 million and $3.1 million, respectively. Immutable X NFTs have experienced a remarkable 38.8% increase in sales, while Polygon-based NFTs have seen a modest 0.87% uptick.
These networks provide alternative options for NFT creators and collectors, offering their own unique advantages in the market.
Top Selling NFT Collections of the Week
Now, let’s take a closer look at the top-selling NFT collections that have been the talk of the town this week.
1. DMarket NFT Collection
The DMarket NFT collection, hosted on the Mythos Chains blockchain, has emerged as the most traded NFT collection of the week. With a trading sales volume of $9.1 million and a 7.01% weekly growth, it’s clear that DMarket has struck a chord with the NFT community.
2. Bored Ape Yacht Club NFTs
The Bored Ape Yacht Club, part of Yuga Labs’ digital asset incubation studio, takes the third spot this week. Accumulating $3.4 million in trading sales, Bored Ape NFTs are down 8.42% for the week. Nevertheless, these charismatic apes continue to captivate collectors worldwide.
3. DraftKings Reign Makers NFTs
Reign Makers, hosted on the Polygon network as part of the DraftKings NFT marketplace, secures the second position this week. With $3.1 million in trading sales, these NFTs experienced a 2.47% decrease in sales this week. The world of sports NFTs is making its mark.
4. Gods Unchained NFTs
Gods Unchained, a digital trading card game on the Immutable X network, comes in fourth. It has amassed a trading sales volume of $2.9 million, marking an impressive 36% growth this week. This collection’s popularity is on the rise.
5. Sorare NFTs
Sorare, based on the fantasy sports cryptocurrency-based video game, secures the fifth position with a trading sales volume of $2.3 million. However, it experienced a notable decline of 20.71% this week. The digital sports arena is not without its highs and lows.
6. Cryptoadz NFTs: The Explosive Growth
Cryptoadz, featuring a limited edition of 6969 NFTs by digital artist Glemplin, takes the sixth position. In the past seven days, this collection recorded a trading sales volume of $1.6 million, an astonishing increase of 6191% in sales for the week. The art world is buzzing with excitement over Cryptoadz.
7. Winds Of Yawanawa NFTs
The Winds of Yawanawa, a collaboration between Turkish-American new media artist Refik Anadol and the Yawanawá community in the Brazilian Amazon forest, ranks seventh. With a sales volume of $1.4 million, this NFT collection highlights the diversity of art and culture in the crypto space.
8. CryptoPunks NFTs
CryptoPunks, once under the banner of Larva Labs and now held by Yuga Labs, secures the eighth position. Over the past week, it has recorded a trading sales volume of $1.4 million, though it experienced a 48% drop in sales. The journey of these iconic pixel art NFTs continues.
9. Mutant Ape Yacht Club NFTs
The Mutant Ape Yacht Club, another creation of Yuga Labs, ranks ninth with a trading sales volume of $1.1 million. Although it experienced a 3.42% decrease in sales, these unique NFTs remain a hot topic in the crypto art scene.
10. Koda NFTs: Gaming in the Metaverse
Koda, part of Yuga Labs’ metaverse game venture Otherside, takes the tenth spot with a trading sales volume of $829,174. With a notable 31% growth in sales this week, these NFTs are gaining traction among gaming enthusiasts.
Noteworthy Expensive NFT Sales
While these collections are making waves, a few exceptional sales deserve a mention:
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