The non-fungible token market has experienced a 4.2% drop in sales volume in the last seven days.
This drop comes after a decent surge of 7.68% as reported in our last weekly NFT sales column. The latest data from Cryptoslam shows that NFT sales volume in the last seven days stood at $73.75 million.
The numbers are down by 4.2% considering the $109 million sales volume in the week prior.
Even though the NFT sales volume came down to the double digits, there has been a 132% surge in NFT buyers. Cryptoslam data shows that NFT buyers stood at 521,640 while NFT sellers were 270,413.
Interestingly, NFT transactions dropped over 26% in the last seven days to 1,217,967. Let us have a detailed look at the blockchains that ruled during this period.
Ethereum and Solana top the list
As per the data, Ethereum (ETH) has maintained the first ranking with $23.9 million in NFT sales….
