Guild of Guardians

Immutable

Waves

Pudgy Penguins

<p>The non-fungible token market has experienced yet another robust week, marked by a significant rise in trading sales volume, market capitalization, and floor price values. The global NFT market trading sales volume surged 3% this past week to reach $173 million, the highest since mid-November. In this article, we shall assess the full state of the NFT market in the past seven days.</p> 
<h2 id="nft-sales-surpass-170m-this-past-week">NFT Sales Surpass $170M This Past Week</h2> 
<p>Data compiled by cryptoslam.io, an on-chain crypto assets market aggregator and a multi-chain non-fungible token explorer backed by crypto investor Mark Cuban, shows that the global non-fungible token market surged again this past week. From December 02 to December 08, the global NFT market raised a trading sales volume of $173 million, representing a 3% rise from the previous week.</p> 
<p><img decoding="async" class="alignnone  wp-image-608160" src="https://insidebitcoins.com/wp-content/uploads/2024/12/NFT-sales-volume-300x107.png" alt="NFT sales volume" width="844" height="301" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/NFT-sales-volume-300x107.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/NFT-sales-volume-768x275.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/12/NFT-sales-volume.png 997w" sizes="(max-width: 844px) 100vw, 844px"></p> 
<p>Source: cryptoslam.io, NFT trading sales volume From December 02, 2024 to December 08, 2024</p> 
<p>Ethereum, the blockchain network renowned in the NFT market for hosting the majority of blue-chip NFT collections, has been this past week’s top-traded blockchain network in the NFT market. From December 02 to December 08, the Ethereum-based NFT collections have raised a trading sales volume of $87 million. During this time, the Ethereum NFT sales have surged by 6.34% from the previous week.</p> 
<p><img decoding="async" class="alignnone  wp-image-608162" src="https://insidebitcoins.com/wp-content/uploads/2024/12/NFT-sales-by-chains-in-the-past-7-days-300x186.png" alt="NFT sales by chains in the past 7 days" width="844" height="523" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/NFT-sales-by-chains-in-the-past-7-days-300x186.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/NFT-sales-by-chains-in-the-past-7-days-310x191.png 310w, https://insidebitcoins.com/wp-content/uploads/2024/12/NFT-sales-by-chains-in-the-past-7-days.png 614w" sizes="(max-width: 844px) 100vw, 844px"></p> 
<p>Source: cryptoslam.io, NFT trading sales volume by blockchain networks from Dec 02 to Dec 08, 2024</p> 
<p>Bitcoin, the blockchain network renowned in the NFT market for powering Runes, Ordinals, and BRC-20 NFT collections, has been this past week’s second most-traded blockchain network in the NFT ecosystem. From December 02 to December 08, 2024, Bitcoin-based NFT collections have recorded a sales volume of $44 million. During this time, Bitcoin NFT sales volume has dropped by 12.02% from the previous week.</p> 
<p>Solana, an open-source blockchain network that supports smart contracts, including non-fungible tokens and various decentralized applications, has been this past week’s third most-traded NFT blockchain network. From December 02 to December 08, 2024, the Solana-based NFT collections recorded a trading sales volume of $16 million. During this period, the Solana NFT sales have surged by 5.61% from the previous week.</p> 
<p>Immutable X, an Ethereum Layer-2 scaling solution renowned in the non-fungible token market for powering leading NFT games like the Guild of Guardians and Gods Unchained, is this past week’s fourth most traded blockchain in the <a href="https://insidebitcoins.com/buy-cryptocurrency/buy-nft/top-nft-projects">NFT market</a>. From December 02 to December 08, 2024, the Immutable X-based NFTs have amassed a trading sales volume of $11 million. During this time, the Immutable X NFT sales volume surged 54% from the previous day.</p> 
<h2 id="top-selling-nfts-this-past-week">Top Selling NFTs This Past Week</h2> 
<h3 id="1-pudgy-penguins-nft-collection">1. Pudgy Penguins NFT Collection</h3> 
<p>Pudgy Penguins, a non-fungible token collection from the digital asset incubation studio and toy brand Igloo featuring a fixed set of 8,888 NFTs hosted on the Ethereum blockchain network, is this past week’s most-selling NFT collection in the global NFT market. From December 02 to December 08, 2024, the Pudgy Penguins NFT collection raised a trading sales volume of $24 million, up 223% from the previous day.</p> 
<h3 id="2-cryptopunks-nft-collection">2. CryptoPunks NFT Collection</h3> 
<p>CryptoPunks, a non-fungible token collection previously from Larva Labs but now managed by the Bored Ape creator Yuga Labs and features a limited supply of 10,000 NFTs, has been this past week’s second most-selling NFT collection in the NFT market. From December 02 to December 08, the CryptoPunks NFT collection recorded a trading sales volume of $11 million. During this time, the CryptoPunks NFT trading sales volume has tanked 31% from the previous week.</p> 
<p><img decoding="async" class="alignnone  wp-image-608161" src="https://insidebitcoins.com/wp-content/uploads/2024/12/Top-selling-NFTs-in-the-past-7-days-1-300x187.png" alt="Top selling NFTs in the past 7 days" width="839" height="523" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/Top-selling-NFTs-in-the-past-7-days-1-300x187.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/Top-selling-NFTs-in-the-past-7-days-1.png 709w" sizes="(max-width: 839px) 100vw, 839px"></p> 
<p>Source: cryptoslam.io, Top selling NFTs by trading sales volume from Dec 02 to Dec 08, 2024</p> 
<h3 id="3-brc-20-nft-collection">3. $?? BRC-20 NFT Collection</h3> 
<p>$??, a non-fungible token collection created on the Bitcoin blockchain network using the BRC-20, an experimental standard protocol made possible by the Taproot and Ordinals protocol, is this past week’s third most-selling NFT collection in the NFT market. From December 02 to December 08, 2024, the $?? BRC-20 NFT collection has attracted a trading sales volume of $9.9 million. During this time, the $?? BRC-20 NFT trading sales volume has plunged 30% from the previous week.</p> 
<h3 id="4-guild-of-guardians-nft-collection">4. Guild Of Guardians NFT Collection</h3> 
<p>The Guild of Guardians, a non-fungible token collection from Guild of Guardians, a role-playing play-to-earn game that allows players to take teams of heroes and compete through challenging dungeons to collect redeemable resources, has been this past week’s fourth most-selling NFT collection in the NFT market. From December 02 to December 08, 2024, the Guild of Guardians NFT collection has raised a trading sales volume of $9.6 million. During this time, the Guild of Guardians NFT trading sales have surged by 61% from the previous week.</p> 
<h3 id="5-uncategorized-ordinals-nfts">5. Uncategorized Ordinals NFTs</h3> 
<p>Uncategorized Ordinals, non-fungible tokens created on the Bitcoin blockchain network, but they aren’t officially part of any collection, were this past week’s fifth most-selling NFT collection in the NFT market. From December 02 to December 08, 2024, the Uncategorized Ordinals NFT collection has amassed a trading sales volume of $8.4 million, closing our five top-selling <a href="https://insidebitcoins.com/buy-cryptocurrency/buy-nft">NFT collections</a> this past week.</p> 
<h2 id="the-nft-market-prediction">The NFT Market Prediction</h2> 
<p>The global non-fungible token market is back on the rise after suffering a precipitous fall since 2021. The NFT market now shows signs of revival, marked by a significant rise in trading sales volume, market capitalization, and floor price values. It also staged for a massive resurgence in the coming weeks. This discussion centers on evolving use cases, technological advancements, and promising crypto regulatory frameworks under US President Donald Trump’s regime.</p> 
<h4>Related NFT News:</h4> 
<ul> 
 <li><a href="https://insidebitcoins.com/news/bitcoin-hits-103k-historic-high-are-nfts-next-to-explode">Bitcoin Hits $103K Historic High – Are NFTs Next To Explode?</a></li> 
 <li><a href="https://insidebitcoins.com/news/illuvium-partners-with-g-shock-to-launch-a-new-epic-nft-collection">Illuvium Partners With G-Shock To Launch A New Epic NFT Collection</a></li> 
 <li><a href="https://insidebitcoins.com/news/nike-exits-the-nft-market-shuts-down-its-nft-studio-rtfkt">Nike Exits The NFT Market – Shuts Down Its NFT Studio RTFKT</a></li> 
</ul>

NFTs Are Still Making Waves – NFTs Weekly Sales Surpass $170M

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