The non-fungible token market has experienced another wave of massive bull market rally, with weekly trading sales volumes rising by over 11% to surpass $160 million. From cartoon apes to video clips, the trading volume for NFTs has seen a notable uptick, driven by the resurgence of blue-chip NFTs, the rise of new NFT projects, and a promising crypto regulatory framework under President-elect Donald Trump.
NFT Weekly Sales Volume Surpasses $160M
Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and a non-fungible token explorer, shows that the non-fungible token market has surged in trading sales volume. From November 25, 2024, to December 01, 2024, the NFT market has amassed a trading sales volume of $163 million. During this period, the NFT market trading sales volume has surged by 11.97% from the past week.
From November 25 to December 01, the number of crypto investors who bought NFT items increased. In the past seven days, the global NFT market has seen 589,316 crypto traders buy NFTs. On the other hand, the number of crypto investors who sold their NFTs has also surged by 21% to 350,172 this week. These trading activities have pushed the NFT market transactions to 1.4 million.
Ethereum, the blockchain network renowned in the NFT market for powering the majority of blue-chip non-fungible token collections, has retained the global NFT market dominance this week. In the past seven days, the Ethereum-based NFT collections have amassed a trading sales volume of $66 million. During this time, Ethereum NFT sales have surged by 37% from the past week.
Source: cryptoslam.io, NFT sales volume by volume in the past seven days.
Bitcoin, the blockchain network hosting the flagship crypto “Bitcoin” and renowned in the NFT market for hosting Runes, Ordinals and BRC-20 NFTs, is this week’s second most-traded blockchain network in the NFT ecosystem. In the past seven days, the Bitcoin-based NFT collections have raised a trading sales volume of $49 million. The Bitcoin NFT sales volume has surged by 12.8% from the past week.
Solana, an open-source blockchain network that supports smart contracts, including non-fungible tokens and various decentralized applications, has been this week’s third most-traded blockchain network in the NFT market. In the past seven days, the Solana-based NFT collections have raised a trading sales volume of $14 million. During this time, the Solana NFT trading sales have plunged by 37% from the past week.
Mythos Chain, a renowned gaming network built on cutting-edge blockchain technology to ensure secure and efficient transactions across the Mythos gaming ecosystem, is this week’s fourth most-traded blockchain network in the NFT market. In the past seven days, the Mythos Chain-based NFTs have recorded a trading sales volume of $10 million. Mythos Chain NFT sales volume has plunged by 1.38% from the past week.
Immutable X, an Ethereum scaling solution for non-fungible tokens that aims to enable near-instant, low-fee transactions, is this week’s fifth most-selling blockchain network in the NFT market. In the past seven days, the Immutable X-NFTs have amassed a trading sales volume of $7.2 million. During this time, the Immutable XNFT trading sales volume has surged by 5.08% from the past week.
Ten Top Selling NFTs This Week
1. $?? BRC-20 NFT Collection
$??, a renowned non-fungible token collection created using the BRC-20, a token standard that allows developers to create and manage crypto tokens on the Bitcoin blockchain network, is this week’s most-selling NFT collection in the NFT market. In the past seven days, the $?? BRC-20 NFT collection has recorded a trading sales volume of $15 million. The $?? BRC-20 NFT sales volume has plunged by 3.15% from the past week.
Source: cryptoslam.io, Top selling NFTs in the past seven days
2. CryptoPunks NFT Collection
CryptoPunks, an all-time top-selling non-fungible token collection featuring a limited edition of 10,000 NFTs previously created by the digital asset firm Larva Labs but now managed by the Bored Ape NFT creator Yuga Labs, is this week’s second most-selling NFT collection. In the past seven days, the CryptoPunks NFT collection has raised a trading sales volume of $12 million. The CryptoPunks NFT sales volume has surged by 28.60% from the past week.
3. Uncategorized Ordinals Collection
Uncategorized Ordinals, a non-fungible token collection created by the Bitcoin developer Casey Rodarmor on January 20, 2023, on the Bitcoin blockchain network, is this week’s third most-selling NFT collection in the NFT market. These NFTs are not part of any official collection. In the past seven days, the Uncategorized Ordinals NFT collection has raised a trading sales volume of $10 million. Uncategorized Ordinals NFT trading sales volume has surged by 89% from the past week.
4. Bored Ape Yacht Club NFT Collection
Bored Ape Yacht Club, an all-time top-selling non-fungible token collection from the digital asset incubation studio Yuga Labs, featuring a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network, is this week’s fourth most-selling NFT collection. In the past seven days, the Bored Ape Yacht Club NFT collection has raised a trading sales volume of $9.6 million. During this time, the Bored Ape Yacht Club NFT sales volume has surged 101% from the past week.
5. Pudgy Penguins NFT Collection
Pudgy Penguins, a non-fungible token collection from the digital asset incubation studio and toy brand Igloo.Inc., featuring a limited set of 8,888 cartoon penguin birds hosted on the Ethereum network, is this week’s fifth most-selling NFT collection in the NFT market. In the past seven days, the Pudgy Penguins NFT collection has recorded a trading sales volume of $6.9 million. The Pudgy Penguins NFT sales volume has surged by 79% from the past week.
6. Mutant Ape Yacht Club NFT Collection
Mutant Ape Yacht Club, a non-fungible token collection from the digital asset incubation studio Yuga Labs featuring a limited edition of 20,000 mutant apes hosted on the Ethereum blockchain network, is this week’s sixth most-selling NFT collection in the NFT market. In the past seven days, the Mutant Ape Yacht Club NFT collection has amassed a trading sales volume of $5.9 million. Mutant Ape Yacht Club NFT sales volume has surged by 252% from the past week.
Source: cryptoslam.io, Top selling NFTs in the past seven days
7. Guild Of Guardians NFT Collection
The Guild of Guardians, a non-fungible token collection from Guild of Guardians, a renowned role-playing NFT game that allows players to take teams of heroes through challenging dungeons to collect redeemable resources, is this week’s seventh most-selling NFT collection in the NFT market. In the past seven days, the Guild of Guardians NFT collection has amassed a trading sales volume of $5.7 million. During this time, the Guild of Guardians NFT trading sales have surged by 5.06% from the past week.
8. DMarket NFT Collection
DMarket, a non-fungible token collection from the DMarket, a renowned NFT Marketplace for secure buying, selling and trading of NFT items on the Mythos Chain network, is this week’s eighth most-selling NFT collection in the NFT market. In the past seven days, DMarket NFT collection has amassed a trading sales volume of $5.5 million. During this time, the DMarket NFT trading sales volume has plunged by 2.54% from the past week.
9. Courtyard NFT Collection
Courtyard, a non-fungible token collection featuring a limited set of 800 unique NFTs modelled after real Pokemon cards that are physically stored by Brink’s in a secure location, is this week’s ninth most-selling NFT collection in the NFT market. In the past seven days, the Courtyard NFT collection has recorded a trading sales volume of $2.9 million. Courtyard NFT sales volume has surged 44% from the past week.
10. Bitcoin Puppets NFT Collection
Bitcoin Puppets, a non-fungible token collection featuring a limited set of 10,001 hand-drawn NFTs created using Microsoft Paint by a 12-year-old artist, “The Puppeteer” and stored in the Bitcoin blockchain network, is this week’s tenth most-selling NFT collection in the NFT market. In the past seven days, the Bitcoin Puppets NFT collection has raised a trading sales volume of $2.8million. During this time, the Bitcoin Puppets NFT sales volume has plunged by 23% from the past week.
Top NFT Collectible Sales Made This Week
Uncategorized Ordinals was the most costly NFT collection sold this week, selling for $6 million three days ago. TokenVesting Plan #1109 NFT was the second most-costly NFT collection sold this week, selling for $962,278 two days ago. An Axie Infinity was the third most costly NFT collection sold this week, selling for $178,652 five days ago. The Pond NFT collection was the fourth most costly NFT collection this week, selling for $51,751 two days ago.
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