NFT Sales Dip 3.86% in the Past Week, Ethereum Dominates With $32M Revenue

Over the past week, non-fungible token (NFT) sales declined by 3.86% compared to the previous week. Leading the market, Ethereum-based NFT sales reached $32.81 million, which was approximately 10.06% lower than the previous week’s revenue. Weekly Digital Collectibles Sales Slide Following an 8% increase last week, sales of digital collectibles have declined. This week, NFT […] Source CryptoX Portal

Polygon surpasses Bitcoin, Solana in daily NFT sales volume

Polygon’s NFT sales volume surpasses Bitcoin (BTC) and Solana (SOL) as the non-fungible token (NFT) market gains momentum. According to data provided by CryptoSlam, the total NFT sales increased by 27% in the past 24 hours, reaching $18.21 million. The surge comes while the total number of transactions declined by 7%, currently sitting at 351,319.  This movement might show heightened whale activity in the NFT sector. NFT sales volume by blockchain – July 10 | Source: CryptoSlam Moreover, Ethereum (ETH) has been leading the NFT scene since late May. Per…

NFT Sales Rise 8% Higher Amid Broader Crypto Market Downturn

Over the past week, non-fungible token (NFT) sales have increased despite the significant decline in the broader crypto market. Approximately $109 million in NFT sales were recorded, marking an 8.1% rise from the previous week. NFT Transactions Surge 45.57% as Weekly Sales Hit $109M NFT sales rebounded in the past seven days, climbing 8.1% to […] Source CryptoX Portal

NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May

Although non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased by 46.31%. June’s NFT Market Faces Steep Decline June proved to be challenging for digital collectible sales, experiencing a 46.31% drop compared to May, which […] Source CryptoX Portal

NFT Sales Defy Crypto Market Downturn, Rising 4.52% This Week

Despite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $101,467,710 over the past seven days, with Ethereum-based digital collectibles dominating the market. NFT Landscape Shifts This week, the leading top five blockchains for NFT sales were Ethereum, Polygon, Bitcoin, […] Source CryptoX Portal

NFT Sales Plunge 21% Amid Broad Crypto Market Decline

Global non-fungible token (NFT) sales experienced a decline this week, dropping 21% from the previous week. Across 21 unique blockchains, the total sales just surpassed the $100 million mark over the past seven days. Weekly NFT Sales Fall, Cryptopunks and Pudgy Penguins Surge NFT sales have significantly decreased this week, correlating with the broader downturn […] Source CryptoX Portal

NFT sales drop 16% to less than $122 million: What Happened?

This week marked a significant downturn for the non-fungible token (NFT) market, which saw sales drop by almost 16% off the back of a 17% surge in the previous week.  Per CryptoSlam, total sales hit $121.7 million, with more than 519,000 buyers and sellers actively trading. Blockchain NFT sales breakdown Blockchains by NFT sales volume | Source: CryptoSlam The Ethereum (ETH) network led the charge with $39.28 million in sales, a notable 14.48% increase from the previous week.  This surge was accompanied by a marked increase in the number of…

Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely

According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero argued that at the time, Web3 companies had not “even figured out the best ways to use NFTs in loyalty […] Source CryptoX Portal