NFT sales are starting to improve after falling 86% last week

Bitcoin Magazine recently reported that NFT sales fell 86% on September 10, from the all-time high (ATH) reached in mid-August, and the report also notes that top NFT marketplace sales, Opensea declined 52.47% in seven days.

Many NFT stores and popular collections recorded a significant drop in sales between September 10th and 13th.

NFT Marketplace Aavegotchi, Superrare and Foundation

However, a week later, NFT sales are showing signs of recovery in popular markets like Opensea, Rarible and Superrare and collections are picking up speed again. Statistics from Dappradar.com show that Opensea had a trading volume of $ 629.35 million from 172,267 merchants.

The weekly trading volume improved by 0.94% and the number of dealers on Opensea rose by 9.02%. The second largest NFT project by weekly volume on September 19 was Axie Infinity with sales of $ 110.61 million over seven days. Even so, Axie Infinity’s trading volume is still 23.93% lower than last week. Meanwhile, Rarible’s volume for the week was $ 4.9 million, up 60.27% in seven days.

NFT Market Rarible, Opensea, NBA Top Shot, Makersplace, Hic et nunc, Axie Infinity and Atomicmarket

Tezos-powered NFT marketplace Hic et nunc raised $ 4.51 million and is up 35.69% on the week. The Superrare.co marketplace grossed $ 3.31 million and grew 11.92% in seven days. Makersplace has done well this week with trading volume around $ 557,000, up 31.83%.

RAREPEPE Card 1, Series 1 in 2017 has the highest sales

NBA Top Shot, Atomicmarket, Aavegotchi and Foundation all saw weekly trading volume declines from 17.94% to 59.53%. The biggest NFT sale this week came from the Bored Ape Yacht Club (BAYC) collection, as BAYC # 81 sold for $ 1.9 million.

Top NFT sales for the past seven days | Source: Dappradar.com

The dominant force in this week’s top 10 NFT sales comes from the Artblocks collection. An older NFT, RAREPEPE Card 1, Series 1, sold 18 hours ago for 200 ethers ($ 683,750) and broke into the NFT top 10 this week.

Weekly statistics from Nonfungible.com show NFT sales for the last week on September 11th were around 36,095. This week 46,390 NFTs are currently sold with an increase of around 28.52%. Based on the number of unique wallets that NFTs have bought or sold, there are 31,255 active market wallets.

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