NFT sales jump 26% in first week of 2023

Posted on

  • NFT sales grew by 26%, driven by an increase in trading volumes across major blockchains.
  • Ethereum accounted for the most NFT sales, while the bored app Yacht Club dominated the collection.
  • The broader crypto industry has started 2023 on a slightly higher note, with notable rallies for coins such as Cardano, Solana and Zilliqa.

The size of the NFT market is expected to grow over the next several years, and 2023 is set to begin with a significant jump in sales. Top NFT Markets, this is one of the interesting nft data for years.

according to data from, NFT sales increased by 26% in the first week of the year. The metric grew by margin as the platform registered 1.2 million NFT transactions across 400,740 NFT buyers.

For the NFT collection with the highest transaction volume, the honor fell to Bored Ape Yacht Club (BAYC). The collection recorded $19,052,102 in sales, a 53% increase in trading volume for the week.

BNB Chain Records 71% Growth in NFT Sales

According to the data, most sales took place on the Ethereum blockchain – where NFTs were sold for $164 million out of $209 million. Overall, sales increased across all major blockchain networks. The BNB chain saw the biggest jump in sales, with a 71% increase compared to a 70% increase on Theta.

Despite the recent turmoil following the collapse of FTX, Solana remains a top NFT ecosystem and saw its NFT sales increase by 28.8% last week.

Crypto prices in early 2023

cryptocurrency As 2023 entered 2023, bitcoin and the rest of the crypto market registered a massive decline from their all-time highs due to massive losses in the previous year.

However, the first week of the year saw crypto mirror broad market movements, pushing BTC above $17,000 and Ethereum to $1,340. While bitcoin is up over 4% in the past week, Ethereum has registered double figures with over 10%.

The most impressive performers include Cardano which is up 28% and Solana which has rallied over 45% over the past week. SOL booms after BONK meme coin airdrop for Solana NFT community. Ziliqa has grown by more than 50% amid major network upgrades and integrations – including an eSports loyalty program.

Leave a Reply

Your email address will not be published. Required fields are marked *