NFT Sales Spikes 16% As Crypto Market Witnesses Volatility
The NFT market has experienced a significant boost in sales over the past 7 days with the total trading volume surpassing $224 million.
The spike in NFT sales has come as leading crypto assets display mixed trends with BTC reclaiming the $100,000 mark but ETH facing pullback from its $4,000 peak.
CrtyptoSlam data shows that the NFT sector is thriving in the past couple of days with total sales volume jumping 16.36% to $224.2 million.
The NFT market continues to be dominated by Ethereum-based NFTs, recording $118.2 million in sales—a 21.31% increase whereas Bitcoin’s NFTs reports sales of $51.8 million. The current most favourite blockchain network Solana has achieved 31% growth with $21.6 million in…
