The new year has brought strong NFT sales, with a 26.01% increase over the previous week in total volume reaching $208.99 million. The top five issuing blockchains saw double-digit increases, with Ethereum leading the way at +26.22%. Bored Ape Yacht Club (BAYC) was the top collection in terms of sales this week, generating $19 million and increasing 52.82% from last week’s figures—an impressive start to 2023! metrics show that Ethereum remains as dominant as ever when it comes to NFTs but other networks experienced notable growth too; Solana (+28%), Immutable X (+20%), Cardano (+35%), and BNB (+71%). In terms of specific collections, Mutant Ape Yacht Club (MAYC), Azuki, Bored Ape Kennel Club (BAKC), and The Captainz all followed behind BAYC for seven-day NFT sales totals while Cryptopunks and Mineablepunks took sixth and seventh positions respectively.

Overall though things look positive for Non-Fungible Tokens heading into 2023 – if you’re looking for a place where your digital assets can really take off then now might just be a great time to invest! but before investing do your own research.

Stay tuned to Coiintopper.