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NFT sales rise 66.58% to $76.56m as Bitcoin takes the lead

Olivia Stephanie
Edited by
News
NFT sales rise 66.58% to $76.56m as Bitcoin takes the lead - 1

NFT sales reached $76.56 million over the seven days to Oct. 24, rising 66.58% from the preceding period as Bitcoin overtook Ethereum and the $X@AGI BRC-20 NFTs collection generated more than $25 million.

Summary
  • Weekly NFT sales climbed 66.58% to $76.56 million, while transactions increased 35.05% to 764,169.
  • Buyer addresses rose 46.38% to 156,715, and seller addresses increased 53.09% to 135,930.
  • Bitcoin led blockchain sales with $31.07 million, followed by Ethereum at $24.64 million.
  • $X@AGI topped collection rankings with $25.09 million across three transactions involving three buyer addresses.
  • A $14.63 million $X@AGI transaction led individual sales, ahead of another worth $9.57 million.

CryptoSlam recorded increases in sales, transactions and participating wallet addresses during the seven-day period. Buyer addresses reached 156,715, while seller addresses rose to 135,930 and the number of transactions climbed to 764,169.

The increase in dollar-denominated sales outpaced transaction growth. Based on the dashboard’s weekly percentage comparison, sales increased by approximately $30.60 million from a preceding-period total of about $45.96 million.

Several of the largest recorded transactions came from Bitcoin’s $X@AGI BRC-20 NFTs collection, which accounted for nearly one-third of global sales. Ethereum collections also featured among the leaders, including Slipstream V3 Deposit, Bored Ape Yacht Club and CryptoPunks.

Bitcoin leads weekly NFT sales with $31.07 million

Bitcoin took first place among blockchains with $31,071,305 in NFT sales, an increase of 268.06% over the previous seven days. Buyer addresses rose 86.79% to 8,581, while separately recorded wash-trading volume totaled $105,237.

CryptoSlam seven-day blockchain rankings showing Bitcoin NFT sales up 268.06% to $31.07 million, followed by Ethereum and Polygon.
Bitcoin leads weekly NFT sales with $31.07 million, ahead of Ethereum’s $24.64 million | Source: CryptoSlam

The network contributed approximately 40.6% of global sales and finished about $6.43 million ahead of Ethereum. Bitcoin and Ethereum together accounted for nearly 73% of the market’s weekly volume.

Ethereum ranked second with $24,641,611, up 32.59%. Its buyer addresses increased 67.63% to 25,749, while wash-trading volume declined 77.71% to $365,532.

Bitcoin moved ahead after placing third in the previous weekly NFT roundup, which recorded Ethereum as the leading blockchain and Bitcoin sales of approximately $8.25 million.

Polygon followed in third place with $8,532,290, rising 2.82%. Buyer addresses increased 42.15% to 38,971. CryptoSlam separately recorded $19,395,535 in wash-trading volume on the network.

BNB Chain ranked fourth with $3,352,625, down 18.96% from the preceding period. Buyer addresses nevertheless increased 144.37% to 11,869, while recorded wash volume remained around $50.

Immutable placed fifth with $2,298,908, a decline of 16.67%. Its buyer addresses increased 49.03% to 4,134.

Arbitrum followed with $2,001,820, rising 1,109.53%, while buyers climbed 56.56% to 1,719. The Arbitrum-based Slipstream V3 Deposit collection contributed approximately $1.89 million of that total.

Base ranked seventh with $1,948,859, up 30.19%, followed by Solana at $1,399,301, an increase of 43.17%. Solana recorded 46,613 buyer addresses, compared with 1,930 on Base.

$X@AGI leads NFT collections with $25.09 million

The $X@AGI BRC-20 NFTs collection ranked first with $25,091,343 in sales on Bitcoin. CryptoSlam’s collection table recorded three transactions involving three buyer addresses and three seller addresses.

CryptoSlam weekly collection rankings showing $X@AGI first with $25.09 million, followed by Courtyard and Ethereum’s Slipstream V3 Deposit.
$X@AGI tops weekly NFT collection sales with $25.09 million across three transactions | Source: CryptoSlam

Its weekly volume represented approximately 32.8% of global NFT sales and 80.8% of Bitcoin’s total. The collection generated more sales than Courtyard, Ethereum’s Slipstream V3 Deposit and Bored Ape Yacht Club combined.

Courtyard ranked second with $7,772,464 on Polygon, increasing 2.83%. Transactions rose 8.44% to 141,478, while buyer addresses declined 3.35% to 18,816 and seller addresses fell 4.36% to 15,154.

Courtyard accounted for approximately 18.5% of all NFT transactions recorded during the week. Its transaction count was the largest among the eight collections visible in the rankings.

Ethereum’s Slipstream V3 Deposit followed in third place with $7,575,732 across 926 transactions. The collection recorded 22 buyer addresses and 24 seller addresses.

Bored Ape Yacht Club placed fourth with $3,558,183, rising 192.02%. Its 94 transactions involved 43 buyers and 42 sellers, with buyer addresses down 10.42% and seller addresses down 20.75%.

The Arbitrum version of Slipstream V3 Deposit ranked fifth with $1,891,201 across 1,199 transactions. It recorded 10 buyer addresses and 10 seller addresses.

Another Bitcoin BRC-20 collection ranked sixth with $1,865,924, an increase of 131.03%. Transactions rose 85.92% to 4,384, while buyer addresses increased 22.89% to 2,276 and sellers climbed 38.93% to 1,249.

CryptoPunks followed with $1,638,493, up 22.55%, across 13 transactions involving 11 buyers and 13 sellers. Credits ranked eighth with $1,468,717, rising 64.32%, across 22,142 transactions.

$X@AGI takes four of the five largest NFT sales

Bitcoin-based $X@AGI entries occupied four positions in CryptoSlam’s five largest individual sales. Bored Ape Yacht Club #9500 was the only Ethereum NFT in the group.

CryptoSlam top NFT sales table showing $X@AGI transactions worth $14.63 million and $9.57 million, followed by Bored Ape #9500 at $2.40 million.
$X@AGI accounts for four of the five largest NFT sales, led by a $14.63 million transaction | Source: CryptoSlam

The largest recorded sale was a $X@AGI BRC-20 NFT with an identifier beginning #de71246799c669c093b194016766ec215. It fetched $14,627,594.32, settled in 175.2058 BTC, approximately three days before the Oct. 24 capture.

A second $X@AGI entry, beginning #ff947db26a07d99604b878785249b4714, sold for $9,570,442.82. The Bitcoin transaction settled in 113.0014 BTC and was also listed as occurring approximately three days earlier.

Bored Ape Yacht Club #9500 ranked third at $2,404,908.50. The Ethereum sale settled in 1,000.0001 ETH approximately 18 hours before the capture.

Another $X@AGI NFT, beginning #78407b6c3a80d7316b91bb2c87986aa9ae, placed fourth with a $1,009,840.51 sale. It settled in 12.357 BTC on Bitcoin approximately two days earlier.

The fifth-largest sale involved a $X@AGI entry beginning #42000f24e9eb6f4087b3a2d62e8e27ead. It fetched $893,305.48, settled in 10.7184 BTC on Bitcoin, approximately three days before the capture.