On a bright note, NFT sales have been higher during the month of November, as there were $568.19 million in digital collectible sales last month, which is roughly 22.37% more than the month prior. However, the number of NFT buyers is down 12.83%, and the quantity of NFT transactions slipped 27.09% lower than last month’s number of NFT transactions.
Out of the $568.19 million in NFT sales, $443.55 million worth of those sales were Ethereum-based NFTs. The biggest month-over-month NFT sales increase stemmed from Arbitrum blockchain NFT sales as Arbitrum NFT sales rose by 46.83%. Below Ethereum and Arbitrum-based NFT sales, Fantom sales were 43.58% higher than the month before.
During the last seven days, NFT sales are up 5.13% higher than the week before. Additionally, over the last two days, the floor value of Bored Ape Yacht Club (BAYC) NFTs managed to jump above the floor value of Cryptopunks NFTs by more than four ETH.
Ripple’s XRP Ledger blockchain has recorded a new record NFT sale, with an XPUNK NFT — a clone of the popular Ethereum-native CryptoPunk NFTs — selling for 108,900 XRP, about $44,000 at the time of sale on Nov. 25.