Non-fungible token (NFT) collections are experiencing a powerful rebound and yesterday, December 21, they reached a weekly gross sales quantity of greater than $304 million, together with belongings from all networks, figures not seen since April 2024 .
According to knowledge from the CryptoSlam explorer, this enhance was pushed by the efficiency of NFTs on the Ethereum community, which skilled a 76% enhance in comparison with the earlier week, reaching a gross sales quantity of $201 million.
The good efficiency they’d in the final 7 days exceeds the $296 million in NFT gross sales in all of September, when digital collections had their lowest month-to-month quantity since 2021.
Bitcoin NFT collections, in the meantime, recorded $40 million in gross sales, whereas Solana-based collections had $29 million.
For their half, Mythos Chain, Immutable, Polygon and BNB Chain had a gross sales quantity of greater than $25 million in the final 7 days.
Another truth to focus on is that 7 of the prime 10 NFT collections that recorded the highest gross sales quantity They are initially from Ethereum.
The Pudgy Penguins Collection recorded a quantity of 51 million {dollars} and it was the one which had the finest efficiency in the week of December 16 to 22.
This progress was fueled by the launch of its native token Pudgy Penguins (PENGU).
As CriptoNoticias has reported, PENGU debuted on the market with an increase of greater than 500% and a market capitalization of greater than $2 billion.
Although the NFT assortment originates from Ethereum, the token operates on the Solana community and has a complete provide of 88,888,888,888 PENGU.
According to knowledge from CoinGecko, Pudgy Penguins is one among the largest NFT tasks on the market, whose worth exceeds 531 million {dollars}.