Ethereum, Bitcoin, and Solana Emerge as the Top Blockchains Based on Their Sales of NFTs This Week

The NFT sector continues to grow as the blockchains are making record gains with non-fungible tokens (NFTs).

The non-fungible token (NFT) sector is continuously expanding, and blockchains are setting new records with these unique tokens. Phoenix, a leading crypto analytics platform, has shared data revealing the top blockchains based on their NFT sales for the week.

The top chains include Ethereum, Bitcoin, Solana, Mythos, Immutable, Base, Polygon, BNB Chain, Blast, Flow, Panini, and Cardano, all showcasing remarkable volumes in their NFT sales. This indicates a significant increase in investor interest in NFTs and potentially signals an upcoming major move in the NFT sector.

Prominent Blockchains Lead Weekly NFT Sales Surge

The Phoenix Group's list of prominent blockchains with the highest NFT sales throughout the week features Ethereum at the top. The blockchain boasts an impressive $116,342,235 in sales, carried out over 122,658 transfers. These sales involve 43,850 sellers and 47,323 buyers.

Bitcoin is the 2nd-ranked chain with substantial NFT sales, amounting to $25,620,060 over 55,399 transfers. Notably, these sales include 36,023 sellers and 33,269 buyers. Solana ranks 3rd on the list, with NFT sales reaching up to $17,923,628 in total, occurring via 161,431 transfers. The transactions involve 146,172 buyers and 113,117 sellers.

The 4th position is secured by Mythos, which records 574,716 transfers, leading to sales of almost $13,006,097. Immutable follows closely in 5th place, with $6,935,493 in sales over 10,082 transfers. Base also joins the ranks with NFT sales of up to $6,815,450, realized through 108,314 transactions.

Flow Secures 10th Position with Total Volume of $1,285,782 in Weekly NFT Sales

Delving deeper into the data provided by Phoenix Group, we observe that Polygon's NFT sales this week amount to $3,329,367, realized through 108,025 transfers. Meanwhile, BNB Chain's weekly NFT sales add up to $1,646,313, accounting for nearly 6,806 transactions.

Furthermore, Blast receives $1,374,720 in NFT sales in 24,270 transactions. Subsequently, Flow occupies the 10th place with its NFT sales reaching $1,285,782 in approximately 88,975 transactions.