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.
Bored Ape Yacht Club (BAYC) was this week’s top collection in terms of seven-day sales as it raked in $12.59 million. However, the $12.59 million over 144 sales is 47.05% lower than BAYC’s sales last week. BAYC is followed by Otherdeeds, Mutant Ape Yacht Club (MAYC), Azuki, and Cryptopunks, respectively. Cryptopunks managed to jump 94.71% higher in terms of sales this week compared to last week’s sales.
The Solana NFT project Degods, which plans to transition the NFTs to the Ethereum chain, saw sales climb 253.80% higher than Degods’ sales last week. Data shows the most expensive digital collectible sold over the past seven days was Azuki #4,690 which sold three days ago for $216K. Azuki #4,690 was followed by Azuki #2,311, Azuki #9,446, and Bored Ape Yacht Club #193.