NFT Weekly Sales Jump 94% as Crypto Market Booms

NFT sales surged to $181 million this week, a 94% increase from last week’s $93 million, according to CryptoSlam. Ethereum led with $67 million, up 111%, followed by Bitcoin-based NFTs at $60 million, a 115% jump. Solana, Mythos, Immutable, Polygon, and BNB Chain contributed $45.5 million collectively.

The average NFT sale value rose 87% to $133.08, reflecting renewed market momentum. October marked a turning point with $356 million in NFT sales, ending a seven-month decline. The boost coincides with a broader crypto market rally, led by Bitcoin’s recent peak of $93,477.

Source: Cointelegraph

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