Statistics released this week show that total sales of non-essential tokens (NFT), settled in more than a dozen different blockchains, have officially exceeded $ 36 billion. Although there are 18 competing blockchains offering NFT, Ethereum-based NFT sales dominate by more than 75%. While Ronin manages NFT’s second-largest sales volume, Axie Infinity’s NFT is the best-selling collection of some time, with more than $ 4 billion in global sales to date.
$ 36 billion in all-time NFT sales, Ethereum dominates sales by more than 75%
The world of blockchain-based digital collectibles has been a force to be reckoned with as the NFT ecosystem has become a multi-billion dollar industry. This week’s figures show that NFT’s sales for all time have exceeded $ 36 billion to date.
The $ 36 billion in cryptoslam.io’s NFT dashboard comes from 18 different blockchains such as Ethereum, Ronin, Solana, Avalanche, Wax, Polygon and Flow, to name a few. However, Ethereum’s $ 27 billion in NFT sales accounted for 75.02% of total sales in all chains.
The best blockchain in terms of NFT sales of all time except Ethereum include Ronin ($ 4B), Solana ($ 2.2B), Flow ($ 1B), Polygon ($ 591M), Wax ($ 430M), Avalanche ($ 277 M), Immutablex ($ 98.7 million), Palm ($ 50.5 million) and Tezos ($ 40.4 million). NFT’s all-time sales of the first nine blockchains accounted for approximately 24.61% of non-Ethereum-based NFT sales.
The remaining nine blockchains under Tezo’s position represent only 0.37% of the $ 36 billion in all-time NFT sales. Ethereum’s 1,300,118 NFT buyers and Ronin’s 1,742,207 NFT buyers are the only two chains with more than a million unique NFT buyers.
Of NFT’s $ 36 billion in sales, NFT’s best-ever collection of all time is Axie Infinity, which has sold more than $ 4 billion. The second largest collection in terms of sales is Cryptopunks, which had sales of $ 2.24 billion.
Cryptopunks was followed by Bored Ape Yacht Club (BAYC), which recorded $ 2.12 billion in all-time sales. BAYC is followed by Mutant Ape Yacht Club ($ 1.52M), Artblocks ($ 1.25M), NBA Top Shot ($ 1M), Otherdeeds ($ 906K), Azuki ($ 756K), Clonex ($ 671K) and Veefriends ($ 538K). .
The most expensive NFTs come from Veefriends, BAYC, Cryptopunks, Cyberkong – Opensea still manages the most sales from the NFT Marketplace
The all-time sales figures on the cryptoslam.io dashboard show that the most expensive NFT sold was Veefriends’ Thoughtful Three Horned Harpik, which sold for $ 100,000 or $ 316 million. Veefriends NFT is followed by Cryptopunk 5822, which sold for 8,000 ethers or $ 23.7 million.
Five of the most expensive NFTs sold out of the top ten are BAYC’s NFT and two are Cryptopunks. Other collections in the list of the most expensive NFT top ten include Meebits 10 761 and Cyberkong VX 8252.
Of all NFT sold, most are bought in the NFT Opensea market, with the Looksrare market following the example of the platform. Other notable NFT markets include Magic Eden, Flow’s NBA Top Shot market, Mobox, Solanart, Wax’s Atomicmarket, Bloctobay and Rarible.
While billions of dollars in NFT have been sold in the last few weeks, NFT’s sales have declined significantly. Weekly NFT trading volumes are declining and NFT weekly sales have also slowed over the past few weeks. If the crypto economy is really in a bear market cycle, it will be interesting to see how the NFT industry copes with the downturn.
What do you think of the 18 blockchains that record $ 36 billion in NFT sales for all time? Tell us what you think about this topic in the comments section below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, cryptoslam.io,
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