CryptoSlam: NFT Sales Volume Rises to $574 Million in July

According to NFT-tracker CryptoSlam, non-fungible token sales surged above $574 million in July, marking the second-highest monthly total this year. That’s also up 47,6% from June’s $388,9 million, but still down from January’s peak of $678,9 million.

Number of transactions with NFT fell from $5,5 million to $5 million, down 9% from June. However, the average sale price rose to $113,08, the highest in six months.

The number of unique buyers fell to 713,085, down 17% from 860,134 in June, while the number of sellers rose 9% to 405,505. This imbalance suggests that buyers are consolidating and fewer participants are making large purchases.

According to NFT Price Floor, total market capitalization NFT increased by 21% to $8 billion. For comparison, on July 24, the figure was $6,6 billion.

Blockchain Ethereum still leads the market NFT based on the blockchain — sales volume amounted to $275,6 million. According to CryptoSlam, this figure has grown by 30% over the past 56 days to $275,6 million. It is followed by Bitcoin и Polygon, which accounted for $74,3 million and $71,6 million, respectively.

The most popular collections of July were mainly NFT blockchain-based Ethereum.

According to NFT Price Floor, in terms of total value of trades for 30 days, leads Cryptopunks with a figure of more than $69,2 million. Next come the Pudgy Penguins with $55,5 million, and in third place are Courtyard NFT on the base Polygon from $23,8 million.

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