Dec 15th 2024

NFT Sales Are Led by Ethereum, Bitcoin, and Solana Show Gains

In terms of NFT sales, the Ethereum blockchain continues to lead with $118.9 million, a 21.33% increase from the prior period. But wash trading on Ethereum also increased significantly, rising 117.35% to $43.8 million.

Wash trade increased more moderately at 11.30%, indicating cleaner trading activity than Ethereum, while Bitcoin’s NFT ecosystem followed with $51.8 million in sales, or a 14.79% spike.

Solana strengthened its position by increasing revenues by 32.12% to $21.4 million. ImmutableX and Mythos Chain, with sales of $8.5 million and $10.9 million, respectively, completed the top five blockchains.

Market Growth Is Driven by Pudgy Penguins

In terms of collection rankings, Pudgy Penguins, which consists of 8,888 distinct avatars, continued to hold the top position. Sales reached $30 million, a 51.53% increase. Rekindled interest and improved market performance are being driven by the brand’s growth into licensing options, which now include toys and merchandise.

While BRC-20 NFTs maintained their impressive performance, with sales of $15.5 million, up 54.63%, emerging collections such as LilPudgys experienced an astounding 1,021.54% rise, reaching $13.5 million.

Guild of Guardians Heroes, which finished in the top five, and Azuki, whose sales increased by an astounding 179.46%, are other noteworthy achievers.

Top NFT Sales by Individual

The notable NFT sales during this week include:

SuperRare #37380: $425,103 (108.3 WETH) was sold for
Autoglyphs #319:

$394,317 (100 WETH) was sold for
Sale price for BOOGLE

#HtZnzPMtm2LvtZUwuft: $261,004 (1,235.02 SOL)


CryptoPunks #735: $254,665 (68 ETH) was sold for
The price of

Autoglyphs #172 was $224,820 (224,820 USDC).