No Of Investors Buying NFTs Have Surged 37% In The Past 7 Days – CryptoSlam

Non-fungible
tokens
have
showcased
strong
resilience
this
past
week
despite
their
market
facing
tough
volatility,
which
has
left
Ethereum
and
Solana-based
non-fungible
token
collections
down
in
trading
sales
volume.
In
this
article,
we
shall
assess
the
state
of
the
NFT
market
in
the
past
seven
days,
as
well
as
what
people
should
expect
in
the
coming
weeks.

NFT
Sales
Dip
0.77%
This
Past
Week

Data
compiled
by

CryptoSlam.io,
an
on-chain
crypto
market
data
aggregator
and
a
multi-chain
non-fungible
token
collection
explorer,
shows
that
the
global
non-fungible
token
market
has
showcased
strong
resilience
this
past
week.
In
the
past
seven
days,
the
global
NFT
market
has
attracted
a
sales
volume
of
$106
million,
representing
just
a
0.77
%
decrease
from
the
previous
week.

Nonetheless,
the
number
of
investors
buying
non-fungible
token
collections
has
somewhat
risen
this
past
week.
In
the
past
seven
days,
the
non-fungible
token
market
has
seen
more
than
500,000
crypto
traders
buying
NFTs.
This
figure
has
surged
by
37%
from
the
previous
week,
pushing
the
number
of
transactions
above
2.7
million.

Ethereum,
the
blockchain
network
hosting
Ether
and
renowned
in
the
NFT
market
for
powering
the
majority
of
blue-chip
non-fungible
token
collections,
was
last
week’s
top-traded
blockchain
network
in
the
NFT
market.
In
the
past
seven
days,
the
Ethereum-based
NFT
collections
have
raised
a
trading
sales
volume
of
$31
million,
down
0.65%
from
the
previous
week.

Solana,
a
public,
open-source
blockchain
that
supports
smart
contracts,
including
non-fungible
tokens
and
various
decentralized
applications,
was
last
week’s
second
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
$22
million,
down
16.27%
from
the
previous
week.

Bitcoin,
the
blockchain
network
renowned
in
the
NFT
market
for
powering
Ordinals
and
BRC-20
non-fungible
token
collections,
was
past
week’s
third
most-traded
blockchain
network
in
the
NFT
ecosystem.
In
the
past
seven
days,
the
Bitcoin-based
NFT
collections
have
attracted
a
sales
volume
of
$16
million,
down
20.09%
from
the
previous
week.

Polygon,
an
Ethereum
scaling
solution
blockchain
network,
was
last
week’s
fourth
most-traded
blockchain
network
in
the
NFT
market.
In
the
past
seven
days,
the
Polygon-based
non-fungible
token
collections
have
raised
a
trading
sales
volume
of
$15
million.
Unlike
the
Ethereum,
Solana,
and
Bitcoin
networks,
Polygon
NFT
trading
sales
volume
has
surged
by
77%
this
past
week
compared
to
the
previous
week.

Immutable
X
and
Mythos
Chain,
renowned
layer
two
(L2)
networks
for
building
web3
games
on
Ethereum,
were
past
week’s
fifth
and
sixth
most-traded
blockchain
networks
in
the
NFT
market.
In
the
past
seven
days,
Immutable
X
–based
NFT
collection
has
amassed
a
trading
sales
volume
of
$6.6
million,
while
Mythos
Chain-based
NFT
have
raised
a
trading
sales
volume
of
$4.3
million.

Top
Selling
NFTs
In
The
Past
7
Days

1.
DMarket
NFT
Collection

DMarket,
a
non-fungible
token
collection
from
the
virtual
asset
market
platform
DMarket
hosted
on
Mythos
Chain,
was
last
week’s
most-selling
NFT
collection,
dethroning
the
Solana
Monkey
Business.
In
the
past
seven
days,
the
DMarket
NFT
collection
has
raised
a
trading
sales
volume
of
$4.1
million.
During
this
period,
the
DMarket
NFT
sales
volume
has
surged
2.68%
from
the
previous
week.

2.
Solana
Monkey
Business
NFT
Collection

Solana
Monkey
Business,
a
non-fungible
token
series
created
on
the
Solana
blockchain
network
featuring
a
limited
edition
of
5,000
randomly
generated
24×24
pixel
monkey
NFTs,
was
this
past
week’s
second
most-selling
NFT
collection.
In
the
past
seven
days,
the
Solana
Monkey
Business
NFT
collection
has
amassed
a
trading
sales
volume
of
$3.6
million.
The
SMB
NFT
sales
volume
has
reduced
by
37%
from
the
previous
week.

3.
Guild
Of
Guardians
NFT
Collection

Guild
of
Guardians,
a
non-fungible
token
series
from
Guild
of
Guardians,
a
renowned
NFT
RPG
that
allows
players
to
take
teams
of
heroes
through
challenging
dungeons
to
collect
resources,
was
past
week’s
third
most-selling
NFT
series.
In
the
past
seven
days,
the
Guild
of
Guardians
NFT
collection
has
attracted
a
sales
volume
of
$3.6
million.
The
Guild
of
Guardians
NFT
sales
have
surged
202%
this
past
week
from
the
previous
week.

4.
DogeZuki
NFT
Collection

DogeZuki,
a
non-fungible
token
collection
with
a
fixed
supply
of
2,800
Shiba
Inu-inspired
NFT
items
hosted
on
the
Solana
blockchain
network,
was
again
past
week’s
fourth
most-selling
NFT
collection.
In
the
past
seven
days,
the
DogeZuki
NFT
collection
has
recorded
a
trading
sales
volume
of
$3.3
million.
However,
the
DogeZuki
NFT
sales
volume
has
surged
7.91%
from
the
previous
week.

5.
Sorare
NFT
Collection

Sorare,
a
non-fungible
token
collection
from
Sorare,
a
global
fantasy
football
game
that
allows
users
to
trade,
collect,
and
manage
a
virtual
team
with
digital
player
cards,
was
past
week’s
fifth
most-selling
NFT
collection.
In
the
past
seven
days,
the
Sorare
NFT
collection
has
raised
a
sales
volume
of
$2.5
million.
Sorare
NFT
trading
sales
volume
has
surged
35%
this
past
week
from
the
previous
week.

6.
Genesis
Ape
NFT
Collection

Genesis
Ape,
a
non-fungible
token
collection
featuring
a
fixed
edition
of
10,000
created
on
the
Polygon,
an
Ethereum
scaling
solution,
was
past
week’s
sixth
most-selling
NFT
collection.
In
the
past
seven
days,
the
new
Genesis
Ape
NFT
collection
has
raised
a
trading
sales
volume
of
$2.45
million.

7.
Gods
Unchained
NFT
Collection

Gods
Unchained,
a
non-fungible
token
collection
from
Gods
Unchained,
a
digital
trading
card
game
that
allows
users
to
trade
cards,
purchase,
or
earn
for
real-world
currency,
was
last
week’s
seventh
most-selling
NFT
collection.
In
the
past
seven
days,
the
Gods
Unchained
NFT
collection
has
raised
a
sales
volume
of
$2.4
million.
The
Gods
Unchained
NFT
sales
volume
has
plunged
36%
this
past
week
from
the
previous
week.

8.
NodeMonkes
NFT
Collection

NodeMonkes,
a
non-fungible
token
collection
that
features
a
limited
edition
of
10,000
NFTs
inscribed
on
the
Bitcoin
blockchain
network,
was
past
week’s
eighth
most-selling
non-fungible
token
collection.
In
the
past
seven
days,
the
NodeMonkes
NFT
collection
has
recorded
a
trading
sales
volume
of
$2.3
million.
NodeMonkes
NFT
sale
volume
has
surged
21%
from
the
previous
week.

9.
CryptoPunks
NFT
Collection

CryptoPunks,
a
non-fungible
token
collection
managed
by
the
digital
asset
incubation
studio
Yuga
Labs
that
features
a
limited
supply
of
10,000
NFTs
hosted
on
the
Ethereum
blockchain
network,
is
this
week’s
ninth
most-selling
NFT
series.
In
the
past
seven
days,
the
CryptoPunks
NFT
collection
has
raised
a
trading
sales
volume
of
$2.2
million,
up
129%
from
the
previous
week.

10.
Bitcoin
Puppets
NFT
Collection

Bitcoin
Puppets,
a
non-fungible
collection
that
features
a
limited
edition
of
10,001
unique
PFPs
(profile
pictures)
hand-drawn
in
MS
Paint
by
a
12-year-old
hosted
on
the
Bitcoin
network,
was
past
week’s
tenth
most-selling
NFT
collection.
In
the
past
seven
days,
the
Bitcoin
Puppets
NFT
collection
has
raised
a
trading
sales
volume
of
$2
million,
down
7.58%
from
the
previous
week.

The
NFT
Market
Prediction
This
Last
Week
Of
July

Having
showcased
strong
resilience
this
past
week,
the
non-fungible
token
market
is
expected
to
experience
another
positive
growth
this
week.
In
the
coming
months,
revenue
in
the
NFT
market
is
projected
to
continue
growing
and
reach
$2.3
billion
in
2024
at
an
annual
growth
rate
of
9.10%.
The
average
revenue
per
user
in
the
NFT
market
is
expected
to
reach
$138.8
in
2024.

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