Cumulative NFT Sales Among 18 Blockchain Networks Surpasses $36 Billion

Cumulative NFT Sales Among 18 Blockchain Networks Exceed $36 Billion – Bitcoin Blockchain News

Statistics recorded this week show that the total number of non-fungible token sales (NFTs), settled across more than a dozen different chains, has officially crossed $36 billion. While there are 18 competing blockchains offering NFTs, Ethereum-based NFT sales dominate over 75%. While Ronin commands the second largest amount of NFT sales, Axie Infinity’s NFTs have been the best-selling group for some time, with over $4 billion in global sales to date.

$36 billion in NFT sales all the time, Ethereum dominates sales with over 75%

The world of blockchain-based digital holdings has been a force to reckon with as the NFT ecosystem has become a multibillion dollar industry. This week’s metrics show that all-time NFT sales have topped $36 billion so far.

Cumulative NFT Sales Among 18 Blockchain Networks Exceed $36 Billion

The $36 billion sales recorded on cryptoslam.io’s NFT dashboard stem from 18 different blockchains such as Ethereum, Ronin, Solana, Avalanche, Wax, Polygon, and Flow to name a few. However, Ethereum sales of $27 billion in NFT represent 75.02% of the total number of sales across all chains.

Cumulative NFT Sales Among 18 Blockchain Networks Exceed $36 Billion

The best-selling NFT blockchains of all time along with Ethereum include Ronin ($4 billion), Solana ($2.2 billion), Flow ($1 billion), Polygon ($591 million), Wax ($430 million), Avalanche ( $277 million), Immutablex ($98.7 million), Nakheel ($50.5 million), and Tezos ($40.4 million). All-time NFT sales of the top nine blockchains add up to approximately 24.61% of non-Ethereum-based NFT sales.

The remaining nine blockchains under Tezo’s position account for only 0.37% of the $36 billion in NFT sales volume over the time. The 1,300,118 Ethereum NFT buyers and Ronin’s 1,742,207 NFT buyers are the only chains with over one million unique NFT buyers.

Cumulative NFT Sales Among 18 Blockchain Networks Exceed $36 Billion

Of the $36 billion in NFT sales, the best-selling NFT group of all time is Axie Infinity, which has seen sales of more than $4 billion. The second largest group in terms of sales is Cryptopunks, which generated sales of $2.24 billion.

Cryptopunks follows the Bored Ape Yachting Club (BAYC) which has recorded sales of $2.12 billion ever. BAYC is followed by Mutant Ape Yacht Club ($1.52M), Artblocks ($1.25M), NBA Top Shot ($1M), Otherdeeds ($906K), Azuki ($756K), and Clonex ($671K). dollars), and Veefriends ($538 thousand). ).

The most expensive NFTs stem from Veefriends, BAYC, Cryptopunks and Cyberkong – the open sea still requires the most sales by an NFT marketplace

All-time sales metrics from the cryptoslam.io dashboard indicate that the most expensive NFT sold is Veefriends’ “Thoughtful Three Horned Harpik,” which sold for 100,000 Ether, or $316 million. Veefriends NFT follows Cryptopunk 5822 which sold for 8,000 Ether, or $23.7 million.

Five of the most expensive NFTs sold out of the top ten are BAYC NFTs and two are Cryptopunks. Other groups in the most expensive NFT top ten list included the Meebits 10,761 and the Cyberkong VX 8252.

Of all the NFTs sold, most are purchased from the NFT Opensea marketplace with Market Looksrare tracking the platform’s progress. Other notable NFT markets include Magic Eden, Flow’s NBA Top Shot market, Mobox, Solanart, Wax’s Atomicmarket, Bloctobay and Rarible.

While billions of dollars of NFTs have been sold over the past few weeks, NFT sales have fallen dramatically. Weekly NFT volumes have fallen and weekly NFT sales have faltered over the past few weeks. If the cryptocurrency economy is indeed in a bear market cycle, it will be interesting to see how the NFT industry deals with the downturn.

Tags in this story

All time sales, Artblocks, Atomicmarket, Avalanche, Azuki, BAYC, Blockchain NFTs, Blockchains, Bore Ape Yacht Club, Bore Apes, cryptopunks, ETH, ether, Ethereum, Ethereum (ETH), Magic Eden, MAYC, Meebits, NBA Top Shot , nft, NFT sales, NFTs, Openea Marketplace, Otherdeeds, Rarible, sales, Solana, Veefriends, WAX

What do you think of the 18 blockchain that recorded $36 billion in all-time NFT sales? Tell us what you think about it in the comments section below.

Jimmy Redman

Jamie Redman is the head of news at Bitcoin.com News and a technology financial journalist based in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.




photo credits: Shutterstock, Pixabay, Wiki Commons, cryptoslam.io,

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