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

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Cumulative NFT Sales Among 18 Blockchain Networks Surpasses $36 Billion
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Statistics recorded this week present that the mixture variety of non-fungible token (NFT) gross sales, settled throughout greater than a dozen completely different blockchains, has formally surpassed $36 billion. While there are 18 competing blockchains providing NFTs, Ethereum-based NFT gross sales dominate by greater than 75%. While Ronin instructions the second-largest quantity of NFT gross sales, NFTs from the sport Axie Infinity have been the top-selling assortment for fairly a while, with greater than $4 billion in world gross sales up to now.

$36 Billion in All-Time NFT Sales, Ethereum Dominates Sales by More Than 75%

The world of blockchain-based digital collectibles has been a power to reckon with because the NFT ecosystem has turn out to be a multi-billion-dollar business. This week’s metrics point out that all-time NFT gross sales have surpassed $36 billion up to now.

Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

The $36 billion in gross sales recorded on cryptoslam.io’s NFT dashboard stems from 18 completely different blockchains like Ethereum, Ronin, Solana, Avalanche, Wax, Polygon, and Flow to call a number of. Ethereum’s $27 billion in NFT gross sales, nonetheless, represents 75.02% of the whole variety of gross sales throughout all of the chains.

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Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

The high blockchains when it comes to all-time NFT gross sales in addition to Ethereum embrace Ronin ($4B), Solana ($2.2B), Flow ($1B), Polygon ($591M), Wax ($430M), Avalanche ($277M), Immutablex ($98.7M), Palm ($50.5M), and Tezos ($40.4M). All-time NFT gross sales from the highest 9 blockchains add as much as roughly 24.61% of the non-Ethereum-based NFT gross sales.

The remaining 9 blockchains under Tezo’s place solely characterize 0.37% of the $36 billion in all-time NFT gross sales quantity. Ethereum’s 1,300,118 NFT patrons and Ronin’s 1,742,207 NFT patrons are the one two chains with greater than one million distinctive NFT patrons.

Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

Out of the $36 billion in NFT gross sales, the highest NFT assortment when it comes to all-time gross sales is Axie Infinity, which has seen greater than $4 billion in gross sales. The second-largest assortment when it comes to gross sales is Cryptopunks, which has seen $2.24 billion in gross sales.

Cryptopunks is adopted by Bored Ape Yacht Club (BAYC) which has recorded $2.12 billion in all-time gross sales. BAYC is adopted by Mutant Ape Yacht Club ($1.52M), Artblocks ($1.25M), NBA Top Shot ($1M), Otherdeeds ($906K), Azuki ($756K), Clonex ($671K), and Veefriends ($538K).

Most Expensive NFTs Stem from Veefriends, BAYC, Cryptopunks, Cyberkong — Opensea Still Commands the Most Amount of Sales by an NFT Marketplace

All-time gross sales metrics from cryptoslam.io’s dashboard point out that the costliest NFT offered is Veefriends’ “Thoughtful Three Horned Harpik,” which offered for 100,000 ether or $316 million. The Veefriends NFT is adopted by Cryptopunk 5822 which offered for 8,000 ether or $23.7 million.

Five of the costliest NFTs offered out of the highest ten are BAYC NFTs and two are Cryptopunks. Other collections in the costliest NFT high ten record included Meebits 10,761 and Cyberkong VX 8252.

Out of all of the NFTs offered, most are bought on the NFT market Opensea with the market Looksrare following the platform’s lead. Other notable NFT marketplaces embrace Magic Eden, Flow’s NBA Top Shot market, Mobox, Solanart, Wax’s Atomicmarket, Bloctobay, and Rarible.

While billions of {dollars} price of NFTs have been offered throughout the previous few weeks, NFT gross sales have been dropping considerably. Weekly NFT commerce volumes are down and weekly NFT gross sales have additionally floundered throughout the previous few weeks. If the crypto economic system is really in a bear market cycle it is going to be attention-grabbing to see how the NFT business handles the downturn.

Tags on this story

All-time gross 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 gross sales, NFTs, Opensea Marketplace, Otherdeeds, Rarible, gross sales, Solana, Veefriends, WAX

What do you concentrate on the 18 blockchains recording $36 billion in all-time NFT gross sales? Let us know what you concentrate on this topic within the feedback part under.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com News concerning the disruptive protocols rising as we speak.

Image Credits: Shutterstock, Pixabay, Wiki Commons, cryptoslam.io,

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