Non-fungible token (NFT) collections are experiencing a powerful rebound and yesterday, December 21, they reached a weekly gross sales quantity of greater than $304 million, together with property from all networks, figures not seen since April 2024 .
In line with information from the CryptoSlam explorer, this enhance was pushed by the efficiency of NFTs on the Ethereum community, which skilled a 76% enhance in comparison with the earlier week, reaching a gross sales quantity of $201 million.
The nice efficiency they’d within the final 7 days exceeds the $296 million in NFT gross sales in all of September, when digital collections had their lowest month-to-month quantity since 2021.
Bitcoin NFT collections, in the meantime, recorded $40 million in gross sales, whereas Solana-based collections had $29 million.
For his or her half, Mythos Chain, Immutable, Polygon and BNB Chain had a gross sales quantity of greater than $25 million within the final 7 days.
One other reality to spotlight is that 7 of the highest 10 NFT collections that recorded the very best gross sales quantity They’re initially from Ethereum.
The Pudgy Penguins Assortment recorded a quantity of 51 million {dollars} and it was the one which had one of the best efficiency within the week of December 16 to 22.
This development was fueled by the launch of its native token Pudgy Penguins (PENGU).
As CriptoNoticias has reported, PENGU debuted available on the market with an increase of greater than 500% and a market capitalization of greater than $2 billion.
Though the NFT assortment originates from Ethereum, the token operates on the Solana community and has a complete provide of 88,888,888,888 PENGU.
In line with information from CoinGecko, Pudgy Penguins is likely one of the largest NFT initiatives available on the market, whose worth exceeds 531 million {dollars}.
