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NFT Sales Soar to $256M, with Hypurrr at the Forefront

NFT sales have seen an extraordinary uptick, surging by 103.11% to total $256.9 million. This considerable increase follows last week’s sales volume of $84.6 million.

Data from CryptoSlam reveals:

  • The number of NFT buyers rose by 18.25%, reaching 694,348.
  • Sellers also increased by 17.77%, totaling 584,235.
  • NFT transactions experienced a decline of 8.67%, with a total of 1,874,619.

The rise in Bitcoin’s (BTC) price to around $122,000 has energized the crypto market, with Ethereum (ETH) also reaching $4,500.

The global cryptocurrency market capitalization has now increased to $4.2 trillion, up from $3.78 trillion last week. This positive trend has significantly boosted the NFT sector, demonstrating noteworthy gains.

Hypurrr Leads NFT Collections

This week, the Hypurrr collection emerged as the leader, generating $88.77 million in sales from 850 transactions.

The collection attracted 406 buyers and 645 sellers, dominating the top NFT sales with four entries in the top five.

NFT sales double to $256m, Hypurrr tops the list - 2
Source: Top collections by NFT Sales Volume (CryptoSlam)

Moonbirds claimed second place, generating $18.72 million in sales, an astounding increase of 254.57%. The Ethereum-based collection recorded 1,319 transactions, with 398 buyers and 424 sellers involved.

CryptoPunks secured third place with $17.33 million in sales, reflecting an incredible 468.88% increase. This collection had 26 transactions, with 20 buyers and 19 sellers engaged.

DX Terminal on the Base blockchain came in fourth, achieving $8.67 million in sales, a 0.73% increase. The collection processed 367,697 transactions and attracted 113,948 buyers.

DMarket completed the top five with $7.95 million in sales on the Mythos blockchain, marking a 34.95% growth from the previous week.

Ethereum Tops Blockchain Rankings

Ethereum maintained its status as the premier blockchain for NFT sales, reporting a volume of $97.4 million, which represents a 124.35% increase from the previous week’s $28.3 million.

The network facilitated wash trading worth $20.84 million, bringing the total to $118.24 million, with 104,625 buyers, an increase of 3.55%.

HyperEVM took second with $88.77 million in sales, driven solely by the performance of the Hypurrr collection; interestingly, the blockchain reported no buyers during the tracked period.

NFT sales double to $256m, Hypurrr tops the list - 3
Source: Blockchains by NFT Sales Volume (CryptoSlam)

The Mythos Chain secured third place with $13.07 million in sales, up 17.69% from last week’s $10.9 million. This blockchain attracted 45,713 buyers, a rise of 20.71%.

Bitcoin took fourth place with $10.97 million, experiencing a 36.20% increase from last week’s $14.12 million. The network had 23,635 buyers, showing a growth of 23.07%.

Base fell to fifth with $10.92 million, down 19.71% from the previous week, despite attracting 284,780 buyers, a rise of 24.15%.

Solana (SOL) came in seventh with $7.74 million, a 56.23% increase from last week’s $16.1 million, and recorded 56,811 buyers, marking an 18.33% growth.

Top Individual Sales

CryptoPunks #1563 topped individual sales at $12.05 million (2745 ETH), sold just two days ago.

Following that, four Hypurrr NFTs were sold:

  • Hypurrr #3926 for $7.86 million
  • Hypurrr #175 for $7.82 million
  • Hypurrr #1131 for $7.63 million
  • Hypurrr #3460 for $6.46 million

All four Hypurrr sales occurred five days ago.