The non-fungible token market has undergone a 10.10% surge in sales volume in the last seven days.

The present data acquired from Cryptoslam shows that NFT sales volume surged in the last seven days and stands at $85.97 million.

The numbers are higher in comparison to the weekly NFT sales in the last two weeks of September.

In addition to the rise in NFT sales volume, there has been a 21.73% surge in NFT buyers. As per the latest data, NFT buyers rose to 794,763, and the NFT sellers came down to more than half at 377,711.

Supporting the rise in NFT sales volume, NFT transactions pumped by over 64.72% in the last seven days to 1,2956,201. We will take an in-depth look at the networks that have done the top sales during this time.

Ethereum stands tall in the leaderboard

According to Cryptoslam data, Ethereum (ETH) has stood tall at the first ranking with $27.48 million in NFT sales volume.

However, $3.3 million worth of the sales accounted for wash trading. The number of Ethereum NFT buyers rose by 12.49% and stood at 55,859.

Bitcoin (BTC) ranks second on the list with $12.62 million in total sales. However, there has been a 40% drop in the sales during the last seven days.

Solana (SOL) stands in the third position with $11.8 million in sales. Mythos Chain (MYTH), Polygon (POL) and Binance Coin (BNB) bagged the next spots with $1

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Author: Vignesh Karunanidhi