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Ethereum NFT collections drive weekly volume to 4M

Ethereum NFT collections drive weekly volume to $304M

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Source: Coin Telegraph

Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week’s charts as the best-performing collections.

Ethereum-based non-fungible token (NFT) collections surged last week, driving the overall digital collectible weekly sales volumes to $304 million. 

On Dec. 21, data tracker CryptoSlam reported that Ethereum NFTs experienced a 76% week-on-week increase, reaching $201 million in sales volume. This represents 66% of all NFT sales volume over the past seven days.

By comparison, Bitcoin-based NFTs recorded $40 million in sales, while Solana-based collections had $29 million. Mythos Chain, Immutable, Polygon and BNB Chain collectively had a weekly volume of $25.9 million. 

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Author: Ezra Reguerra