CandleFocus

NFT sales surge 34% to $196.2m, Ethereum network showcases 97% spike in sales

The non-fungible token (NFT) market has seen significant growth alongside Bitcoin's record-breaking surge past $100,000. Ethereum has strengthened its position, with a 3.5% increase in the last 24 hours, reaching $4,000. The global cryptocurrency market capitalization has also expanded to $3.67 trillion. The NFT market has experienced a major upswing, with total sales volume reaching $196.2 million, a 34.23% increase from the previous week. The Ethereum NFT blockchain has performed exceptionally well, doubling its sales volume to $100.9 million. Bitcoin's NFT ecosystem remains strong, attracting 67,188 buyers. Solana and other platforms such as Mythos Chain, ImmutableX, and Pudgy Penguins have also shown growth in sales. The overall data demonstrates a maturing NFT market with growth in established collections and new entrants.

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