NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023

Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven days, with $206.06 million being Ethereum-based NFTs.

Ethereum Dominates NFT Market as Blockchains Theta, Fantom, Palm, and Wax

See Largest Gains in NFT Sales

Digital ownership continues in 2023 with $256.69 million in nonfungible token (NFT) sales over the last seven days, according to sta- tistics from cryptoslam. io. This represents a 16.39% increase from the previous week’s NFT sales and includes 1,355,376 NFT transactions. A total of 320,580 buyers participated in the market activity, a 43.48% increase from the prior week.

Out of 20 unique blockchain networks, Ethereum (ETH) dominated, with $206.06 million of the past week’s sales coming from the ETH chain. ETH-based NFT sales increased by 24.78% over the last week. The second-leading blockchain in terms of NFT sales this week is Solana (SOL), which had $36,378,730 in NFT sales. However, Solana NFT sales were down 10.44% compared to the previous week.

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