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NFT Sales Continue To Rise In 2023, Ethereum Dominates NFT Sales With 90% Market Share

Reports said that sales of nonfungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023.

It has been reported that the volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and around 1.62 million transactions. In the past week, sales of non-fungible tokens (NFTs) have surged, rising more than 43% higher than the previous week, according to statistics from

However, NFT sales totaled $397.86 million this week, with the number of buyers increasing by more than 77% to 345,716. Sales of NFTs on the Ethereum blockchain dominated, accounting for $360.32 million, or just over 90% of total sales.

The report said that Solana-based NFT sales followed with $18,790,359, down 7.47% from last week. In terms of seven-day sales, Ethereum and Solana were followed by Polygon, Immutable X, and Binance Smart Chain.

Likewise, the top-selling collection of non-fungible tokens (NFTs) this week was Otherdeed, with total sales of $47,043,296. Otherdeed’s sales increased 160.21% compared to the previous week. Following Otherdeed were Azuki, Moonbirds, Mutant Ape Yacht Club (MAYC), and Bored Ape Yacht Club (BAYC). While Azuki’s sales increased by 174.98% this week, Moonbirds’ NFT sales rose 502.43% from last week.

According to weekly metrics from both and Dune Analytics, the NFT marketplace Blur has outpaced the leading market, OpenSea, this week. Dune’s statistics show that Blur captured more than 66% of the market share, while OpenSea accounted for 23.9%.

Thus, shows that the top five marketplaces this week across various chains were Blur, OpenSea, X2Y2, Immutable X Marketplace, and Lookrare.



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