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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
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    NFT sales slide despite record Ethereum prices

    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

    DeFi soars with tokenized stocks, but user activity shifts to NFTs: Report

    DeFi soars with tokenized stocks, but user activity shifts to NFTs: Report

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    NFT market rebounds in July, surpassing DeFi in user activity

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    La Poste launches a new collection of NFT stamps

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    What Is Crypto Arbitrage and How to Use It in Trading?

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
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    NFT sales slide despite record Ethereum prices

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    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

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    DeFi soars with tokenized stocks, but user activity shifts to NFTs: Report

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    How NFT Collectibles Bounced Back with Multi-Million Sales

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    NFT Market Movers: The Top Performing Collections in August 2025

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    CodexField and Salvo Unite to Tokenize Game Code

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    Cracking China’s Blockchain Gaming Market: Why Shrapnel Chose GalaChain

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    Shrapnel to Leave Avalanche in New Partnership with Gala Games

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    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

    Blockchain Bookmakers: A New Era of Fair and Secure

    Blockchain Bookmakers: A New Era of Fair and Secure

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    Polyhedra Network launches Proof Cloud in open beta

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    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

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    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

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    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

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    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What Is Copy Trading in Crypto? A Beginner’s Guide

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    Crypto Risk Management Strategies for Trading (2025)

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  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home NFT

Ethereum Leads as Market Declines by 7.03%

June 1, 2024
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Ethereum Leads as Market Declines by 7.03%
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Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week. During this period, $122.3 million in sales were recorded, with Ethereum-based NFTs taking the lead.

READ ALSO

NFT sales slide despite record Ethereum prices

Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

7-Day NFT Sales Slide 7.03%

This week witnessed another seven days of subdued NFT sales, with Ethereum maintaining the lead and Bitcoin following in second place. Sales dropped 7.03% compared to the previous week, totaling $122.3 million between May 25 and June 1, 2024. The highest-priced NFT sold this week was from the Ethereum blockchain’s Azuki collection. Azuki #3,374 fetched $393,112 five days ago, claiming the top spot.

The second-highest sale came from the Bitcoin blockchain, with an Ordinal inscription purchased for $305,258 two days ago. The third priciest NFT sold was a Solana Boogle #061, which sold for $206,936 five days prior. Ethereum was the top blockchain in overall seven-day sales, capturing $37.06 million this week. However, ETH-based NFT sales are down 11.66% from the previous week.

Bitcoin NFT sales amounted to $28.54 million, a 10.83% decrease from the previous week. Meanwhile, Solana-based NFTs recorded just over $19 million, marking a modest 1.72% reduction. Polygon emerged as the top performer among the top five chains by NFT sales, with a 29.04% increase over the previous week, totaling around $15.54 million. Immutable X secured the fifth position, with sales up 14.69% to $8.54 million.

Among the week’s top five NFT collections, Uncategorized Ordinals took first place with $8,619,161 in sales, although this was a 16.25% decrease from the previous week. Guild of Guardians from Immutable X had the second-highest sales volume at $5.73 million, up 23.27%. They were followed by Nodemonkes, Bored Ape Yacht Club (BAYC), and Dmarket.

See also  Tron network hit $435 million surpassing Ethereum at $364 million

Digital collectible sales have been declining week after week, showing little signs of recovery. While other crypto sectors are experiencing substantial growth, NFT sales have been lackluster, with blue-chip NFT prices dropping 80-90% from their peaks. Only time will tell if the NFT trend will rebound, but for now, the consistent weekly sales decline over the past few months indicates that growth has significantly slowed compared to previous years.

What do you think about the NFT sales trend? Share your thoughts and opinions about this subject in the comments section below.

Tags: DeclinesEthereumleadsmarket

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Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

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Tezos 2023 Outlook: An Overview of Tezos (XTZ)

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UK risks regulating NFTs the wrong way, says Mintable CEO

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How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

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The Market Is in a Mood, but It’s To Be Expected (Here’s Why)

The Market Is in a Mood, but It’s To Be Expected (Here’s Why)

June 19, 2024
Global Business Continuity Planning Software Market Size, Share and Forecast By Key Players-Spanning Cloud Apps,Altaro Software,NewSoftwares.net,Microsoft,Nero

Global Business Continuity Planning Software Market Size, Share and Forecast By Key Players-Spanning Cloud Apps,Altaro Software,NewSoftwares.net,Microsoft,Nero

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Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop

Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop

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Ginoa.io Redefines Web3 Gaming in Partnership with Aipocalypto

Ginoa.io Redefines Web3 Gaming in Partnership with Aipocalypto

January 4, 2025

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