This non-fungible coin (NFTThe. market had another slow week with sales falling 7.5% in seven days to $121.4 Million on June 1.
The top blockchains of all time ranked by volume
Ethereum () has been trading for the last 7 days.ETHAfter surpassing Bitcoin (BTCLast week.
As per data CryptoSlam showed that the blockchain was still the dominant technology with sales totaling $37.43 millions, even though the week before saw a decrease of 11.24%.
Bitcoin, the second most active blockchain for non-fungible token sales, raked in $27.21 million — reflecting a 12.88% drop.
NFTs in Solana produced just $19,000,000, a slight decline of 0.52%.
Polygon (MATIC) stood out with a 27.10% increase in sales over the previous week, totaling approximately $15.6 million. Immutable (IMXThe sales of ) rose 12.23%, to $8.49million.
Sales volume monthly
In the 30 day period, the top five ranking of sales was pretty similar to that for the week, and only Blast replaced Immutable in the #5 spot. Ethereum recorded $163.7 in sales for the month of May. This is 55% below April’s numbers.
Bitcoin’s monthly volume of sales dropped by 73.44%, totaling $158.5 Million. It was the same despite Bitcoin having the highest monthly sales. best Two weeks’ worth of sales figures in the month of May.
Solana (SOL() made just over $94 million in 30 days. This is a drop of 45.8% from April’s levels. Polygon’s NFT May sales volume was down 34.60 % despite the fact that it had been in the black for the past two weeks.
The Blast chain, on the other hand, defied the trend and showed a 519.17% growth in volume sales over the last thirty days. In the last month, the layer-2 chain sold more than $50 million of NFTs.
Blast had also the largest increase of wash trade numbers in a month, with more than $1.2 million, a staggering 931.23% rise from April.
Most expensive NFTs
In terms of individual pieces, Azuki #3374 from the Ethereum blockchain sold for a substantial $393,112 — the highest-priced cryptographic token of the week.
The sale was then followed by another notable one on the Bitcoin An Ordinal Inscription sold for $305,258. Solana made an additional appearance, selling Boogle #061 for $206,936.
CryptoPunks #1741 sold for $792,046 in May 2013, making it the most valuable NFT of the whole month. Second place went to another Bitcoin Ordinal inscrip-tion, which sold for $681.497.
In May, the most expensive NFT sold was CryptoPunks #3619. It was bought by malcode.eth at 215 ETH which is equivalent to $627.990. Azuki #3374 was the next most expensive NFT, followed by CryptoPunks #4926. This one earned $329,252.
NFT Collection Rankings
In the top NFT sales for this week, Uncategorized Ordinals topped the list with $7.810,518 despite a decrease of 15.31% compared to the previous week. Guild of Guardians: Immutable X ranked second, as sales rose 18.48%.
The top 5 collections also included DMarket, Nodemonkes, and Bored Ape Yacht Club.
Bitcoin’s Uncategorised Ordinals collection remained at the top of sales for this entire month. The total was more than $48,6 million. The figure represents a worrying 70.13% drop in monthly sales volume.
Blast’s Fantasy Top was the most popular NFT collection for May. Its sales volumes soared by 674.89%, reaching more than 46 million dollars over that time period.
Guild of Guardians also saw a significant increase in monthly sales, with a 67% jump to move it up into the fifth position.
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Source: crypto.news