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Weekly NFT Sales Surge 17% as Bitcoin Reclaims Second Spot | Blockchain Progress

Weekly NFT Sales Surge 17% as Bitcoin Reclaims Second Spot

The NFT market continues its upward trajectory, with a whopping $306 million in sales this week. Ethereum dominates the scene, raking in $145.91 million, while Bitcoin makes a strong comeback with $70.96 million in sales.

Ethereum-based projects like Pandora and the Bored Ape Yacht Club fuel the surge, driving an impressive 8.58% increase from last week.

Bitcoin's rise is fueled by an astounding 83.9% surge in Uncategorized Ordinals, helping it regain its position as the second-highest in weekly sales volume.

While Solana sees a slight dip of 5.54%, other chains like Mythos and BNB experience double-digit growth, clocking over $7 million each.

Notable winners include the enchanting world of Pandora, leading with $35.34 million in sales, followed by the rising stars of Uncategorized Ordinals and the ever-popular Bored Ape Yacht Club.

The top-priced NFTs this week include Pandora #57023 at a staggering $1.55 million, Cryptopunk #3167 at $449,869, and Bored Ape #7616 at $330,633.

Beyond Ethereum and Bitcoin, platforms like Polygon, Avalanche, and even Cardano witness high-value NFT transactions, showcasing the growing diversity of the digital collectibles market.