NFT Sales Surge 66% to $76M as Bitcoin Leads Volume

Global NFT sales climbed 66.58% to $76.56 million over the seven days leading to Oct. 24, according to data from CryptoSlam. The broader market expansion saw buyer addresses increase 46.38% to 156,715, while transactions rose 35.05% to 764,169. Seller addresses also grew, increasing 53.09% to 135,930 during the period.

Bitcoin Claims Top Volume Spot

Bitcoin surpassed Ethereum to lead blockchain volume, with sales jumping 268.06% to $31.07 million, accounting for roughly 41% of weekly volume. Buyer addresses on the network increased 86.79% to 8,581. Ethereum ranked second with $24.64 million in sales, representing a 32.59% increase over the comparison period, while its buyer count grew 67.63% to 25,749.

Polygon followed in third place with $8.53 million in sales, up 2.82%, followed by BNB Chain with $3.35 million and Immutable with $2.30 million. Arbitrum and Base recorded $2.00 million and $1.95 million respectively, while Solana registered $1.40 million in weekly volume.

Leading Collections and Sales

The $X@AGI BRC-20 collection on Bitcoin topped the individual collection rankings, recording $25.09 million across three transactions, three buyers, and three sellers. Four entries from the $X@AGI collection occupied the highest individual sale positions in CryptoSlam's listing, with the largest transaction fetching $14.63 million, settled in 175.2058 BTC.

Courtyard ranked second among collections with $7.77 million on Polygon, followed by Ethereum's Slipstream V3 Deposit at $7.58 million and Bored Ape Yacht Club at $3.56 million.

Key facts

• Total weekly NFT sales rose 66.58% to $76.56 million over the seven days to Oct. 24.
• Bitcoin led networks with $31.07 million in sales, up 268.06%.
• Ethereum ranked second with $24.64 million in sales, up 32.59%.
• The $X@AGI BRC-20 collection recorded $25.09 million in sales to lead all collections.