Weekly NFT sales fall 44% to $37.69 million as Base gains 31%
Photo: TokenPost
NFT market participation increased even as weekly sales fell sharply. Bitcoin-based NFTs recorded a steep decline in sales, but a collection on the network accounted for the week's most expensive transaction. Weekly NFT sales totaled $37.69 million as of November 3, down 44% from the previous week. Transactions rose 4.50% to 895,258. Buyers increased 37% to 243,994, while sellers rose 36% to 219,788. Ethereum led blockchains by weekly NFT sales, recording $13.13 million, down 14% from the previous week. It had 36,375 buyers. Polygon ranked second with $9.38 million in sales, up 4.01%, and 53,451 buyers.
Source: TokenPost
