Last week, NFT sales were up 1.9%, with $85,068,480 in sales volume according to cryptoslam.io. The top collection was Sorare, which saw $8.5 million in sales. 🔝
Bored Ape Yacht Club (BAYC)🐵 reigned in the second position in terms of seven-day sales, raking in $6.69 million. Besides Sorare and BAYC, Gods Unchained, Azuki, and Cryptopunks hold positions in this week’s top five-selling NFT collections.
Per data from Dune Analytics, a recent Galaxy Report estimated that Ethereum NFT creators have earned over $1.8 billion in secondary royalties over the last year. OpenSea, in particular, has seen royalties rise from 3% to 6%.
Reddit’s NFT avatars have been killing it, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for the collectible NFT avatars minted on Polygon has also spurred over three million Redditors to leverage Reddit’s Vault blockchain wallet! 👏📈