Ethereum

Guild of Guardians

Solana

Bitcoin

Axie Infinity

The non-fungible token, or NFT, market has witnessed a 4.16% plunge in sales volume over the last seven days. 
Here’s a breakdown of the latest data from&nbsp;<a href="https://www.cryptoslam.io/" target="_blank" rel="nofollow">Cryptoslam</a>: 
<ul class="wp-block-list"> 
 <li>NFT sales volume dropped in the last seven days and stands at $77.6 million — lower than weekly <a href="https://crypto.news/weekly-nft-sales-plunge-to-73-7m-solana-network-sales-surge/" target="_blank">NFT sales in the previous week</a>.</li> 
 <li>NFT buyers dropped by a considerable 66.81% to 263,804 from last week’s 794,763</li> 
 <li>NFT sellers fell to 121,399, depicting a 67.87% drop.</li> 
 <li>NFT transactions were down by over 13.78% in the last seven days to 1,662,101. </li> 
</ul> 
 Read more: <a rel="" href="https://crypto.news/mt-gox-clients-wont-get-paid-again-in-2024/"> Mt. Gox clients won’t get paid again in 2024: How is the industry reacting? </a> 
<h3 class="wp-block-heading" id="bitcoin-leads-the-blockchains-in-seven-day-surge">Bitcoin leads the blockchains in seven-day surge</h3> 
Now, let’s take a look at the blockchains that have reigned supreme during this period. 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="354" src="https://crypto.news/app/uploads/2024/10/image-6-1024x354.png" alt="NFT sales drop to $77.6m, Bitcoin network leads in weekly surge - 24" class="wp-image-14303271">
 <figcaption class="wp-element-caption">
 Source: Blockchains by NFT Sales Volume (CryptoSlam)
 
 </figcaption>
</figure> 
Ethereum (<a href="https://crypto.news/price/ethereum/" target="_blank">ETH</a>) stands first in terms of sales volume. However, the Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank">BTC</a>) network exhibited a 23.11% surge in volume during the last seven days. 
The numbers, which stand at $15.6 million, are considerably higher than last week’s $1.7 million. 
Cryptoslam shows that Ethereum ranks first with $26.5 million in NFT sales volume. But $2.7 million of the total sales was wash trading. 
The number of Ethereum NFT buyers dropped by 52% and stood at 26,673. 
Bitcoin bagged the second place with $15.6 million in total sales. 
Solana (<a href="https://crypto.news/price/solana/" target="_blank">SOL</a>) comes in third with its $10.5 million in sales. Mythos Chain (MYTH), Polygon (<a href="https://crypto.news/price/pol-ex-matic/" target="_blank">POL</a>) and Binance Coin (<a href="https://crypto.news/price/bnb/" target="_blank">BNB</a>) followed suit with $8.3 million, $5.3 million and $3.2 million in sales, respectively. 
Solana recorded the highest number of buyers, just like last week at 60,115. However, it is considerably lower in comparison to last week’s 393,044 buyers. 
<h2 class="wp-block-heading" id="dmarket-still-holds-its-first-position">DMarket still holds its first position</h2> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="333" src="https://crypto.news/app/uploads/2024/10/image-5-1024x333.png" alt="NFT sales drop to $77.6m, Bitcoin network leads in weekly surge - 25" class="wp-image-14303270">
 <figcaption class="wp-element-caption">
 NFT Collection Rankings by Sales Volume (CryptoSlam)
 
 </figcaption>
</figure> 
Just like last week, DMarket is the NFT collection that is holding the position of the highest sales in the last seven days. The sales stood at $8.02 million, which happened in over 342,900 transactions. 
Guild of Guardians Heroes is second on the list with $3.02 million in sales. Third on the list is CryptoPunks was dethroned by Bitcoin Puppets, which marked a 59.2% rise in sales volume in the last seven days at $2.97 million. 
Coming to the top NFT collectible sales, below are the top NFT sales from the last seven days: 
<ul class="wp-block-list"> 
 <li>Bored Ape Yacht Club #7940 sold for $1,433,582 (588ETH).</li> 
 <li>Axie Infinity sold for $79,729 (32.6 ETH).</li> 
 <li>Known Origin #33608 sold for $73,160 (30 WETH).</li> 
 <li>CryptoPunks #7476 sold for $70,728 (28.99 ETH).</li> 
 <li>CryptoPunks #3654 sold for $69,672 (28.5 ETH).</li> 
</ul> 
 Read more: <a rel="" href="https://crypto.news/crypto-fugitive-man-accused-of-fraud-flees-after-skipping-150m-hearing/"> Crypto fugitive: Man accused of fraud flees after skipping $150m hearing </a>

NFT sales drop to $77.6m, Bitcoin network leads in weekly surge

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