The most recent statistics paint a rather spectacular picture of a very active and very changing non-fungible tokens (NFT) market. Immutable has now overtaken Ethereum in sales volume. The increase is largely driven by user demand on all the major blockchains.
As a result, Immutable has passed Ethereum to take the overall lead with $41.7 million in sales. Ethereum saw $1.9 million in sales, down 2.91%.
Bitcoin has gained a stronghold over NFTs, yielding just $19.4 million in sales during the last week, up 22.55%. Mythos Chain is a big contender at $14.1 million in sales.
DMarket was up just slightly in sales at $8.9 million for 0.15% growth. BNB Chain had significant sales growth, up to $8.4 million in sales, an increase of 47.59%. Solana’s sales totaled $6.3 million, an increase of 5.30%.
Individual NFT sales seem to still consistently break records with eye-popping prices. The most expensive trade of the day was CryptoPunks #1831, which the owner sold for 150 ETH ($389,846). CryptoPunks #9778 sold for 150 ETH ($377,958).
Overall, the data paints a portrait of an NFT market that is increasingly diversifying its activity through many other blockchains. Immutable’s recent ascendancy to the throne, along with Bitcoin’s growing participation, forecast new and exciting trends in the world of NFTs. The BNB Chain and Solana boom only intensified the rhetoric surrounding the fastly growing ecosystem.
