Solana

DMarket

WazirX

Mythos

The non-fungible token sales volume over the last week has dropped by 7%, and stands at $89.1 million. 
The crypto market, exhibiting signs of recovery, has taken a U-turn. According to the latest data, the global crypto market cap has dropped by over 2% in the last 24 hours. 
In comparison to <a href="https://crypto.news/nft-sales-93-million-ethereum-network-dethrone-bitcoin/" target="_blank">last week’s $93 million</a> NFT sales volume, this week has witnessed a modest 7% drop in sales: 
<ul class="wp-block-list"> 
 <li>NFT sales volume plunged to $89 million.</li> 
 <li>The Ethereum (<a href="https://crypto.news/price/ethereum/" target="_blank">ETH</a>) network retains its first ranking in terms of volume.</li> 
 <li>Solana dethrones Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank">BTC</a>) to claim the second position.</li> 
 <li>NFT buyers surge by over 42% from last week’s 494,666.</li> 
 <li>Number of NFT sellers also rose to 385,184 from last week’s 252,401. </li> 
</ul> 
 You might also like: <a rel="" href="https://crypto.news/victims-sue-wazirx-over-235m-hack-class-action-lawsuit/"> Victims to sue WazirX over $235m hack in class-action lawsuit </a> 
<h3 class="wp-block-heading" id="ethereum-retains-its-ranking">Ethereum retains its ranking</h3> 
Last week, the Ethereum network dethroned Bitcoin with its $33.4 million NFT sales volume. Ethereum has sustained this ranking this week with its $31.1 million sales. 
In comparison to last week, the Ethereum NFT sales volume is down by almost 4%. A closer look at Ethereum’s data shows that 21% of the volume accounted for wash trading. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="833" height="341" src="https://crypto.news/app/uploads/2024/10/image-12.png" alt="NFT sales drop to $89m, Solana overtakes Bitcoin for 2nd place - 17" class="wp-image-14306181">
 <figcaption class="wp-element-caption">
 Source: Blockchains by NFT Sales Volume (CryptoSlam)
 </figcaption>
</figure> 
Interestingly, Bitcoin lost its second position to Solana. Bitcoin’s NFT sales have witnessed a 30% drop in comparison to last week. 
<a href="https://www.cryptoslam.io/" target="_blank" rel="nofollow">CryptoSlam data</a> shows that the weekly sales volume of the Bitcoin network is at $14.8 million. Solana, on the other hand, has shown a 12% rise with its weekly NFT sales volume standing at $18.3 million. 
According to the last week’s data, Solana’s (<a href="https://crypto.news/price/solana/" target="_blank">SOL</a>) sales volume was at $16.6 million. When it comes to the number of buyers, Solana has maintained and even witnessed a 56% surge. 
The number of NFT buyers on the Solana network last week stood at 192,543, while this week it is at 301,523. 
Mythos Chain (MYTH) and ImmutableX (<a href="https://crypto.news/price/immutablex/" target="_blank">IMX</a>) earned the fourth and fifth ranking with $10 million and $3.8 million in sales. 
<h3 class="wp-block-heading" id="dmarket-holds-first-ranking-for-over-four-weeks">DMarket holds first ranking for over four weeks</h3> 
DMarket has proven its sturdiness over the last three weeks by sustaining its first ranking with the highest sales when it comes to an NFT collection. 
DMarket sales stood at $4.918 million, which is 6% down from last week’s $5.2 million. Froganas on Solana has exhibited an 118% surge, emerging as the second largest NFT collection with $4.917 million in sales. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="739" height="419" src="https://crypto.news/app/uploads/2024/10/image-13.png" alt="NFT sales drop to $89m, Solana overtakes Bitcoin for 2nd place - 18" class="wp-image-14306191">
 <figcaption class="wp-element-caption">
 Top NFT sales: Data from <a href="https://www.cryptoslam.io/nfts" target="_blank" rel="nofollow">CryptoSlam</a>
 </figcaption>
</figure> 
As per the data from CryptoSlam, these were the top sales over the past week: 
<ul class="wp-block-list"> 
 <li>CryptoPunks #8651 sold for $125,917.28 (50 ETH)</li> 
 <li>CryptoPunks #237 sold for $59,970.94 (24 ETH)</li> 
 <li>Claynosaurz #10222 sold for $38,422.71 (235&nbsp;SOL)</li> 
 <li>Sorare #3209101205534761733284… sold for $36,488.51 (14.4162 ETH)</li> 
 <li>Bored Ape Yacht Club #2213 sold for $34,837.25 (13.7688 ETH)</li> 
</ul> 
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NFT sales drop to $89m, Solana overtakes Bitcoin for 2nd place

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