Weekly sales of ether (ETH), a non-fungible token (NFT), are growing steadily, according to data from blockchain analytics platform Nansen.
Nansen in a tweet highlight In the week ending October 9, NFT sales were 29,704 ETH, which is worth approximately $56 million at the current ETH market price.Sales volume Increase every week until it reaches 68,342 ETH, worth over $129 million.
In terms of NFT transaction volume share, NFT market Blur has occupied the top spot in the past 30 days. According to data aggregator NFTGo, Blur’s trading volume in the past 30 days was 161,433 ETH, or approximately $305 million. Meanwhile, in second place is its competitor OpenSea with a trading volume of 52,307 ETH and a value of approximately $100 million.
In terms of NFT collection, Bored Ape Yacht Club (BAYC) has the highest trading volume in the past 30 days. The total BAYC collection is 35,226 ETH, worth $66.7 million. Following closely behind are Mutant Ape Yacht Club (MAYC) (selling for 14,947 ETH) and The Captainz (selling for 9,948 ETH).
CryptoPunks remain the most valuable collectible. However, the collection’s trading volume in the past 30 days was only 5,773 ETH.
In addition, NFTGo data also shows that NFT traders have increased by 12% in the past seven days. During the same period, there were 22,804 buyer addresses and 27,308 seller addresses. Meanwhile, the number of wallets holding NFTs still hovers around 6 million.
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The increase in NFT trading volume comes amid seemingly bearish news for the NFT market. On November 3, NFT market OpenSea laid off half of its employees in preparation for the launch of its second version.
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