Statistics over the last seven days show that NFT sales are down across the 12 blockchains that produce NFTs.shows that weekly NFT sales dipped 13% and the leading blockchain network Ethereum’s NFT sales slipped 11.78%. The second-leading blockchain in terms of NFT sales, Solana, saw its sales decrease by 16.87% during the last seven days. The third-largest blockchain network for NFT sales, Ronin, shed 47.83% this week and Flow blockchain NFT sales increased by 10.18%.from dappradar.
when it sold for 11,880 ethereum or $29.05 million. While the Meebits collection was the top NFT compilation in terms of sales for the last two weeks, that’s not the case this week.Over the last seven days, the Ethereum-based NFT compilation Azuki took the week’s top sales. Azuki captured $76.4 million in the last seven days in terms of NFT sales, and Bored Ape Yacht Club took the second position with $58.6 million in sales. Cryptopunks held the third position this week with $54.6 million.
BAYC’s sister project, Mutant Ape Yacht Club , saw $41.9 million up 21.46% this past week and Clonex commanded $39.1 million in NFT sales. Sales stemming from the blockchain network Binance Smart Chain jumped 206% over the last seven days. Besides Meebit #10067, the NFT
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Sales are correlated with apparent price trends. In other words, if the price of a crypto is dropping, anything denominated in it looks like a less solid investment. There are other ways to look at it but that one appears dominant.