Weekly NFT sales fall 44% to $37.69 million as Base gains 31%

NFT market participation increased even as weekly sales fell sharply. Bitcoin-based NFTs recorded a steep decline in sales, but a collection on the network accounted for the week’s most expensive transaction.

Weekly NFT sales totaled $37.69 million as of <a href="https://comicvibe.com/heres-everything-new-apple-tv-has-coming-in-november/” title=”Here’s everything new Apple TV has coming in November”>November 3, down 44% from the previous week.

Transactions rose 4.50% to 895,258. Buyers increased 37% to 243,994, while sellers rose 36% to 219,788.

Blockchain rankings

Ethereum led blockchains by weekly NFT sales, recording $13.13 million, down 14% from the previous week. It had 36,375 buyers.

Polygon ranked second with $9.38 million in sales, up 4.01%, and 53,451 buyers. Bitcoin placed third with $4.46 million, down 85%, and 14,943 buyers.

• BNB Chain: $3.09 million in sales, down 33%; 42,892 buyers.

• Immutable: $2.30 million, down 17%; 4,857 buyers.

• Base: $1.96 million, up 31%; 2,662 buyers.

• Solana: $1.28 million, down 3.37%; 65,807 buyers.

• Panini: $0.92 million, down 51%; 1,287 buyers.

Collection rankings

Courtyard led NFT collections with $8.54 million in weekly sales, up 4.37% from the previous week.

$8888 BRC-20 NFTs ranked second with $2.82 million in sales, following minimal trading in the previous week. CryptoPunks placed third with $1.81 million, down 24%.

• Bored Ape Yacht Club: $1.28 million, down 66%.

• Guild of Guardians Heroes: $1.22 million, down 19%.

• Uniswap V3 Positions NFT-V1: $1.05 million, following minimal trading in the previous week.

• Panini America: $0.91 million, down 51%.

• Argonauts: $0.73 million, down 1.84%.

Highest-priced NFTs

The week’s highest-priced NFT sale was $8888 BRC-20 NFTs #7783d4…5a0ai0, which sold for $2,820,106, or approximately 35 BTC.

It was followed by Uniswap V3 Positions NFT-V1 #443 ($1 million; 1,000,000 USDC), $X@AI BRC-20 NFTs #ec49d7…1a0fi0 ($420,322; 5.25 BTC), WrappedSuperRare #1763 ($400,435; approximately 400,435 USDC), and Bored Ape Yacht Club #3439 ($203,022; approximately 87 WETH).