NFT sales volumes surged to their highest point since August,

Oct 10, 2024 - 12:25
 0

reaching nearly $85 million for the week ending October 6th. This marks a significant increase after weeks of sluggish sales in the broader market downturn. CryptoSlam! data reveals that the week's sales volume surpassed $84.9 million, exceeding the previous high in late August. Although the volume remains significantly lower than the peak of over $2.2 billion reached in August 2021, it signifies a positive trend for the NFT market. Despite the overall increase, three of the top five blockchains for NFTs, including Bitcoin, Ether, and Solana, saw decreased trading volumes compared to the previous week. Conversely, Mythos Chain experienced a substantial spike in sales, rising to second place behind Ethereum with over $15
million in sales, a 6,000% increase in the past week.

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