{"id":89385,"date":"2024-08-10T08:52:50","date_gmt":"2024-08-10T12:52:50","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=89385"},"modified":"2024-08-10T08:52:56","modified_gmt":"2024-08-10T12:52:56","slug":"nft-sales-reach-95-42m-ethereum-leads","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/nft-sales-reach-95-42m-ethereum-leads\/","title":{"rendered":"NFT Sales Reach $95.42M, Ethereum Leads Amid Declining Market Participation"},"content":{"rendered":"\n<p>NFT sales rose 6.29% to $95.42M, led by Ethereum with $32.46M, while <a href=\"https:\/\/coinscreed.com\/staging\/luxor-mining-buys-ordinalhub-amid-bitcoin-based-nfts-hype.html\" target=\"_blank\" data-type=\"post\" data-id=\"45679\" rel=\"noreferrer noopener\">Bitcoin-based NFTs<\/a> fell 10.03%.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"571\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/08\/a64efd53f75ea14095de793ea5f3d4b329fcaa65-1283x715-1-1024x571.png\" alt=\"NFT Sales Reach $95.42M, Ethereum Leads Amid Declining Market Participation\" class=\"wp-image-89386\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/08\/a64efd53f75ea14095de793ea5f3d4b329fcaa65-1283x715-1-1024x571.png 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/08\/a64efd53f75ea14095de793ea5f3d4b329fcaa65-1283x715-1-300x167.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/08\/a64efd53f75ea14095de793ea5f3d4b329fcaa65-1283x715-1-768x428.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/08\/a64efd53f75ea14095de793ea5f3d4b329fcaa65-1283x715-1-860x479.png 860w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/08\/a64efd53f75ea14095de793ea5f3d4b329fcaa65-1283x715-1.png 1283w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">NFT Sales Reach $95.42M, Ethereum Leads Amid Declining Market Participation<\/figcaption><\/figure>\n\n\n\n<p>Non-fungible token (NFT) sales increased by 6.29% from the previous week between August 3 and August 10, 2024, reaching a total of $95.42 million.<\/p>\n\n\n\n<p>Nevertheless, the NFT market experienced a significant decrease in the number of participants, with purchasers and sellers both experiencing an 86.34 percent and 77.25% decrease, respectively.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">NFT Market Grows by 6.29%<\/h2>\n\n\n\n<p>Compared to the previous week, the sales of NFTs increased by 6.29% from the previous week. <a href=\"https:\/\/coinscreed.com\/staging\/spot-bitcoin-etf-approval-could-trigger-nfts-comeback.html\" target=\"_blank\" data-type=\"post\" data-id=\"68762\" rel=\"noreferrer noopener\">Ethereum-based NFTs<\/a> accounted for $32.46 million in sales, representing a modest 0.06% increase, out of the $95.42 million generated.<\/p>\n\n\n\n<p>Solana NFTs followed with a volume of $19.52 million, representing an 11.08% increase. Bitcoin was in third place, with BTC NFTs generating $14.69 million in sales, despite a 10.03% decrease.<\/p>\n\n\n\n<p>Mythos' Dmarket maintained its position as the top <a href=\"https:\/\/coinscreed.com\/staging\/binance-to-take-out-bitcoin-nft-collections-from-platform.html\" target=\"_blank\" data-type=\"post\" data-id=\"75265\" rel=\"noreferrer noopener\">NFT collection<\/a> for the week, as it had done the previous week.<\/p>\n\n\n\n<p>Dmarket's sales increased by 334.87% to $7.22 million. Immutable X's Guild of Guardians collection achieved the second position with $3.6 million, a 7.28% increase from the previous week.<\/p>\n\n\n\n<p>Sorare NFTs, which rounded out the top three, generated $3.34 million in sales, despite an 11.39% decrease.<\/p>\n\n\n\n<p>Autoglyphs #172, which was sold for $207,500 six days ago, was the most expensive <a href=\"https:\/\/opensea.io\/\" target=\"_blank\" rel=\"noreferrer noopener\">NFT sale<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> of the week. The BNB Lockndeal NFT, which was also sold six days ago, followed closely behind, fetching $136,959.<\/p>\n\n\n\n<p>On August 4, the third-highest sale was an Arbitrum NFT known as GUSD Locked, which was sold for $123,840. The most expensive transactions of the week were closely followed by NFTs from Bitcoin, Solana, and Polygon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NFT sales rose 6.29% to $95.42M, led by Ethereum with $32.46M, while Bitcoin-based NFTs fell 10.03%. Non-fungible token (NFT) sales increased by 6.29% from the previous week between August 3 and August 10, 2024, reaching a total of $95.42 million. Nevertheless, the NFT market experienced a significant decrease in the number of participants, with purchasers [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":89386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,62],"tags":[128,231,17086],"class_list":["post-89385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-nft-news","tag-ethereum","tag-market","tag-nft-sales"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/08\/a64efd53f75ea14095de793ea5f3d4b329fcaa65-1283x715-1.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/89385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=89385"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/89385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/89386"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=89385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=89385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=89385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}