NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase - Business d'Or
According to data recorded on February 1, 2023, sales of non-fungible tokens (NFTs) increased by 41.96% month-on-month. NFT sales reached nearly $1 billion in his 30 days, totaling about $997.53 million.
Additionally, the number of digital bulk transactions increased by more than 22% in the past month.
Bored Ape Yacht Club Dominates, Ethereum Leads 78% of Total NFT Sales in Jan 2023
NFT Sales Up 41.96% from Dec 2022, Reflecting Crypto Sales in Jan 2023 increased to $997.53 million. Cryptoslam data.io shows that among the 20 blockchain networks, Ethereum led NFT sales with $784.87 million, or 78.681% of the total for the month.
followed Solana to 15 with $150.4 million in NFT sales in the last 30 days 07% of the total. The top five blockchain networks by NFT revenue are Cardano, Immutable X and Polygon respectively.
Bored Ape Yacht Club (BAYC) NFT grossed his $71.24 million in January 2023 with regards to his best-selling NFT collection. BAYC revenue increased 45% from December. Mutant Ape Yacht Club (MAYC) sales increased 47.91% last month, with NFT sales reaching $58.85 million.
Bored Ape Kennel Club (BAKC) NFT sales increased 309% month-over-month to a total of $42.33 million. The remaining top NFT collections are Azuki, Otherdeed, Art Blocks, Sorare, Degods, Captainz, and Hausphases.
His January sales of his top five NFT collections were $242.56 million, accounting for 24.31% of total sales. Top 10 NFT projects collectively $336. Revenue was $26 million, which is 33.70% of the total revenue for the month of $997.53 million.
The most expensive NFT in the past month was BAYC #5,840, which sold for $796,444 four days ago. BAYC #4,025 sold 17 days ago for $613,501 and BAYC #8,483 sold 3 days ago for $581,845.
The fourth and fifth most expensive NFTs were Cryptopunk #9,092 at $496,903 and BAYC #8,483 at $490,333.
In terms of 30-day sales, Opensea led the field with 40% of his sales last month on his NFT marketplace. The Blur NFT market generated 32% of 30-day sales, while X2Y2 recorded 8% of monthly sales.
According to dappradar.com statistics, Magic Eden NFT sales accounted for about 7% of payment transactions that month, while Lookrare accounted for 2% of his NFT sales over the past 30 days.
Originally published at https://businessdor.com on February 3, 2023.
