NFT sales have plummeted to one-sixth of the all-time peak at $89.4 million. Even in this recently cooled climate, CryptoPunks have proven themselves to hold a strong position. In fact, sales were up 106% on the year! This divergence is representative of the varied and complicated narrative developing in the digital asset space.
While the broader NFT market is in a bit of a bubble-bursting contraction, there are always big sales that make news. The sale of a single, uncategorized Ordinals NFT fetched 6 BTC ($558,754). Change of ownership for CryptoPunk #741 sold for 317 ETH ($500,944). CryptoPunks #2301 had a recent sale of 134 ETH ($233,817). Other notable sales include SuperRare #10093 for 173,700 USDC ($173,700) and BoredApeYachtClub #6669 for 99 ETH ($162,584).
Ethereum’s price is up 0.4% and trading just below $1,800, mirroring the relative stability seen in the crypto markets today. One surprising thing is that NFT buyers are clearly growing, no matter what blockchain they’re on. Among the top ten, Solana is at the forefront of this growth with an 83.66% increase in unique buyer count. In second is Polygon, riding a 57.77% growth wave, while Bitcoin holding at 52.82% Speeding.
Solana (SOL) has put up a healthy rebound SOL SOL 40.70%, with $9.2 million in sales and a 40.70% rise. DMarket is back in first place with $9.9 million in sales. Mythos Chain rounds out the top three with $15.1 million in sales.
