NFT sales rise 6.8% to $46.8M as Bitcoin trades surge

$NFT sales reached approximately $46.78 million over the seven days ending Sep. 12, up 6.8% from the previous seven-day period Ethereum led blockchain sales, while a small number of high-value Bitcoin transactions accounted for much of the week’s activity

According to data from CryptoSlam, the increase in dollar sales came alongside a steep drop in the addresses recorded as buyers and sellers. Buyer addresses fell 84.67% to 41,959, while seller addresses declined 85.13% to 43,247. The dashboard recorded 917,549 transactions, up 48.75%.

Those counts describe addresses, not confirmed individual buyers or sellers. They also show why the higher sales total needs context: more transactions took place despite far fewer addresses appearing in the buyer and seller figures.

Ethereum leads $NFT sales with $16.83 million

Ethereum remained the largest blockchain for $NFT sales at $16.83 million, although its total fell 6.36% from the prior period. CryptoSlam recorded 8,271 buyer addresses on Ethereum, down 79.37%, and $794,730 in wash-trading volume. The dashboard lists wash volume separately from sales; the two figures should not be added together.

Bitcoin ranked second with $9.44 million in sales, a 50.12% increase. Its buyer-address count fell 82.79% to 2,255, while listed wash volume was $74,767. Bitcoin’s gain was much stronger than Ethereum’s, but its collection and individual-sale rankings show that a handful of transactions carried a large share of that volume.

Polygon followed with $7.71 million in sales, up 7.73%, and 13,888 buyer addresses, down 85.34%. CryptoSlam separately displayed $17.11 million in Polygon wash volume. Because that figure is larger than the chain’s listed sales, it should not be read as additional collectible purchases.

$BNB Chain ranked fourth at $4.02 million, up 25.99%, followed by Base at $2.48 million, down 35.34%, and Solana at $2.30 million, up 32.91%. Buyer-address counts fell on all six of the leading chains shown in the dashboard, including a 90% decline on $BNB Chain and an 86.97% drop on Base.

The six networks together accounted for approximately $42.78 million of the $46.78 million global sales total. Smaller networks supplied the remainder. For U.S. readers following $NFT activity across chains, the split matters: Ethereum led in dollar volume, while Bitcoin posted the largest weekly sales gain among the top six.

Courtyard tops weekly $NFT collection sales

Courtyard led collections with $6.67 million in sales on Polygon, up 8.46%. It recorded 104,404 transactions, 16,253 buyer addresses and 14,268 seller addresses. Transactions rose 9.98%, although buyer addresses fell 14.60%.

Courtyard’s NFTs represent ownership of physical collectibles held through its platform, according to Polygon’s description of the project. Its high transaction count therefore sits in a different category of activity from the week’s largest Bitcoin BRC-20 $NFT transfers.

Ethereum-based Argonauts ranked second with $4.36 million in sales, up 109.04%. The collection recorded 2,331 transactions and 656 buyer addresses. Despite the increase in sales value, its transaction count fell 25.14% and buyer addresses dropped 21.72%.

The Bitcoin-based $X@AI BRC-20 NFTs collection placed third with $2.90 million, up 217.88%, but reached that total through just nine transactions involving seven buyer addresses. Its largest displayed sale, at $2.10 million, represented about 72% of the collection’s weekly volume. CryptoSlam classified the transfers as $NFT sales; the dashboard alone does not establish that they reflect broad demand for conventional digital collectibles.

Another Bitcoin collection, $X@AGI BRC-20 NFTs, ranked fourth at $1.72 million across three transactions. CryptoSlam showed a 7,762.30% weekly increase, a percentage shaped by the small number of sales. Its largest displayed transaction was worth $1.14 million, or roughly two-thirds of the collection’s weekly total.

CryptoPunks followed at $1.13 million across 15 transactions, down 41.84%. $BNB Chain’s OI $NFT recorded $1.00 million across 2,001 transactions, with 2,001 buyer addresses and two seller addresses. Guild of Guardians Heroes placed seventh at $952,128, down 2.27%, ahead of Bitcoin-based $ATMC BRC-20 NFTs at $920,976, up 80.47%.

Bitcoin BRC-20 NFTs dominate the largest sales

The five largest individual sales displayed by CryptoSlam were all Bitcoin BRC-20 NFTs. The top-ranked $X@AI BRC-20 $NFT sold for $2,095,886.72, or 26.2326 $BTC, approximately five days before the Sep. 12 screenshot.

A $X@AGI BRC-20 $NFT followed at $1,140,988.93, or 14.3755 $BTC, approximately three days before the screenshot. Another $X@AGI item sold for $574,078.04, or 7.1817 $BTC, roughly six days before it.

Fourth was a $X@AI BRC-20 $NFT at $401,684.92, settled for 5.0818 $BTC, approximately five days before the screenshot. A further $X@AI item completed the top five at $395,775.82, or 5 $BTC, roughly three days before it. Together, those five listed trades were worth about $4.61 million, close to half of Bitcoin’s weekly $NFT sales total.

Source: cryptonews.net