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The NFT market has shown a significant rebound this past week, marked by notable increases in transaction volumes, market value, and average sale prices. This resurgence is driven by renewed interest in both blue-chip NFT collections like Pudgy Penguins and CryptoPunks, Moonbirds, and the Bored Ape Yacht Club NFT collection. In the past seven days, the global NFT market has raised a trading sales volume of $135 million.
NFT Sales Jump +14% In The Past Week
Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer tracking non-fungible token collections from more than 20 blockchain networks, indicates that the global non-fungible token market has slightly surged this past week. From September 22 to September 28, the global NFT market recorded a trading sales volume of $135 million.
The recent NFT market resurgence was driven by renewed interest in both blue-chip collections, which began after the introduction of the NFT strategy, an automated protocol that reinvests trading fees into buying and selling floor NFTs. In response to this protocol, among other market factors, the number of traders trading non-fungible token collections has increased by 112% to 617K.
Ethereum, the blockchain network previously renowned in the NFT market as the dominant NFT chain, was the most traded blockchain network in the global NFT market this past week. From September 22 to September 28, the Ethereum-based NFTs raised a trading sales volume of over $55 million. During this period, the Ethereum NFT trading sales volume has increased by +22% from the previous week.
BNB Chain, a blockchain network from the crypto exchange, Binance, known as a high-speed, low-cost blockchain that supports the creation and trading of non-fungible tokens, was the second most traded blockchain network in the global NFT market this past week. From September 22 to September 28, the BNB Chain NFT collections amassed a trading sales volume of $25 million. During this period, the BNB Chain NFT sales volume has surged by 202% from the past week.
Base, as a user-friendly and affordable Ethereum Layer-2 network developed by Coinbase, which focuses on scalability and onboarding the next billion users to web3, was the third most traded blockchain network in the NFT market this past week. From September 22 to September 28, the Base NFT collection raised a trading sales volume of $11 million, down 29% from the past week.
Mythos Chain, a renowned blockchain network offering secure and efficient transactions across the entire Mythos non-fungible token gaming ecosystem, was the fourth most traded network in the global NFT market this past week. From September 22 to September 29, the Mythos Chain-based NFT collections have amassed a trading sales volume of $9.9 million, down16.71% from the previous week.
Bitcoin, a peer-to-peer blockchain network known for supporting Ordinals, Runes, and BRC-20 non-fungible token collections, was the fifth most-traded blockchain network in the global NFT market this past week. From September 22 to September 28, the Bitcoin-based NFT collections amassed a trading sales volume of $7.6 million. During this time, Bitcoin NFT trading sales have fallen by 24% from the previous week.
Top Selling NFTs This Past Week
1. Vesting NFT Collection
Vesting, a new non-fungible token collection created on the BNB blockchain networks, was last week’s most sold non-fungible token collection in the global non-fungible token market. From September 22 to September 28, the Vesting NFT collection has recorded a trading sales volume of $17 million. The Vesting NFT collection was launched on the BNB Chain blockchain network last week.
2. Moonbirds NFT Collection
Moonbirds, a non-fungible token collection featuring a limited edition of 10,000 pixilated NFTs previously created by the Proof Collective but now managed by the Orange Cap Games, was last week’s second most-selling NFT collection in the NFT market. From September 22 to September 28, the Moonbirds NFT collection has raised a trading sales volume of $7.9 million, up +58% from the previous week.
3. DX Terminal NFT Collection
DX Terminal, a non-fungible token collection featuring a limited edition of 36,351 digital items hosted on the Base blockchain network, was last week’s third most-selling NFT collection in the NFT market. From September 22 to September 28, the DX Terminal NFT collection recorded a trading sales volume of $7.6 million. During this period, the DX Terminal NFT sales volume has plunged by 23%.
4. DMarket NFT Collection
DMarket, a non-fungible token collection that represents in-game virtual items of popular online games like Counter-Strike, Rust, and Dota 2, was the third most-selling NFT series in the global NFT market this past week. From September 22 to September 28, the DMarket NFT collection amassed a trading sales volume of $4.7 million. During this time, the DMarket NFT trading sales volume plunged by 29% from the previous week.
5. GoG Heroes NFT Collection
Guild of Guardians Heroes (GoG), a non-fungible token collection from Guild of Guardians, an on-chain multiplayer, action, and mobile fantasy role-playing game that allows players to role-play as heroes and move through dungeons to gather redeemable resources, was the fifth most-selling NFT collection in the NFT market this past week. From September 22 to September 28, the GoG NFT collection has raised $4.7 million, down 4.97% from the previous day.
6. Pudgy Penguins NFT Collection
Pudgy Penguins, a non-fungible token collection from the digital asset incubation studio, Igloo, featuring a limited edition of 8,888 penguin NFTs hosted on the Ethereum blockchain network, was the sixth most-selling NFT collection this past week. From September 22 to September 28, the Pudgy Penguins NFT collection raised a trading sales volume of $4.6 million, up 46% from the previous week.
7. CryptoPunks NFT Collection
CryptoPunks, a globally acknowledged non-fungible token collection featuring a limited edition of 10,000 pixilated digital items previously created by the digital asset incubation studio Larva Labs but now managed by Infinite Node Foundation, was the seventh most-selling NFT series in the NFT market this past week. From September 22 to September 28, the Punks NFT collection raised a trading sales volume of $4.4 million, down 19% from the previous week.
8. Panini NFT Collection
Panini, a set of unique, digital trading cards and collectibles officially licensed by Panini for sports leagues like the NFL and NBA, offering ownership and trading through blockchain technology on Panini’s private NFT marketplace, was this past week’s eighth most traded NFT collection in the NFT market. From September 22 to September 28, the Panini NFT collection amassed a trading sales volume of $4 million, up +50% from the previous week.
9. DKT NFT Collection
DKT, a non-fungible token collection from the BNB Chain, a renowned network from the crypto exchange, Binance, known as a high-speed, low-cost blockchain that supports the creation and trading of non-fungible tokens, was the past week’s ninth most-selling NFT collection in the NFT market. From September 22 to September 28, the DKT NFT series raised a trading sales volume of $3.5 million.
10. Courtyard NFT Collection
Courtyard, a non-fungible token collection featuring generative unique digital items living on the Polygon blockchain network, was the second most-selling non-fungible token collection in the global NFT market this past week. From September 22 to September 28, the Courtyard NFT collection has raised a trading sales volume of $3.2 million. During this time, the Courtyard NFT trading sales fell by 3.46% from the previous week.
Top NFT Sales Made This Past Week
BNB’s Vesting #516 NFT collection was the top sale made last week, selling for $961,714 three days ago. Recoated was the second top NFT sale made last week, selling for $250,345 just a few hours ago. Boogle #081 was the top NFT made last week, selling for $205,401 six days ago. Experts suggest that the NFT market is expected to “explode,” though not in the same way it did during the speculative boom of 2021.
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