Check out the NFT Sales Highlights ranking between July 3rd and July 10th
Blue-chip NFT collections such as Bored Ape Yacht Club and CryptoPunk sales dominated the top ten NFT sales by value last week as value hunters cash in on falling ETH values. As always, DappRadar wants to bring you the most exciting happenings in the world of NFT sales rather than only the most expensive.
The highest value NFT sale in the last seven days was for a solid gold fur Bored Ape Yacht Club NFT for $1,000,000, or 870.18 ETH. In the BAYC collection, The Solid Gold trait – an ape with golden hair– has become one of the most valuable due to its eye-catching aesthetics and rarity. Interestingly, the last time this BAYC NFT changed hands was for 60 ETH.
Another emerging trend over the last few weeks is the sale of generative crypto art from the Art Blocks platform. We see numerous Fidenza sales above $100,000, with the highest sale for Fidenza #893 for 164 ETH, or around $188,000 in the last seven days.
Hosting projects from today’s most innovative digital artists, Art Blocks creators combine creative coding with blockchain technology by generating unique algorithmic artworks.
Check out the complete list of NFT Sales Highlights below:
- Bored Ape Yacht Club #6388 – 870.18 ETH / $1,000,000 – Buyers wallet
- Fidenza #893 – 164 ETH / $188,677.08 – Buyers wallet
- Doodle #3881 – 155.55 ETH / $178,955 – Buyers wallet
- Noun 115 – 103.5 ETH / $119,073.64 – Buyers wallet
- Azuki #1578 – 66 ETH / $75,934.31 – Buyers wallet
- Where My Vans Go #66 – 49 ETH / $56,375.48 – Buyers wallet
- M2 Mutant Serum – 42.06 ETH / $48,384.81 – Buyers wallet
- KILLABEAR #3083 – 37.5 ETH / $43,129.87 – Buyers wallet
- CloneX #12086 – 34.98 ETH / $40,172.47 – Buyers wallet
- Founder Cat #92 – 33.34 ETH / $38,346.12 – Buyers wallet
NFT Rollercoaster
The NFT market has been on a rollercoaster ride this quarter. On the one hand, heavy pressure from macroeconomic trends and the fallout from the Terra debacle have hindered NFTs’ performance. However, NFTs are weathering the storm quite well. Moreover, Looking at a broader timescale, the yearly performance is staggering. Overall trading volume and sales count are up by 533% and 59%, respectively, from Q2 of 2021.
Although OpenSea is the premier NFT trading platform, its share has declined with the emergence of marketplaces like LooksRare, x2y2, and Solana’s Magic Eden. The decline in trading can be attributed to the drop in the market value of cryptocurrencies and rising competition in the NFT trading landscape. However, while the marketplace’s volume measured in US dollars fell around 70% since May 2022, volume in ETH is down by 55% in the same timespan.
In industry moves, Ethereum’s leading decentralized exchange (DEX) Uniswap has acquired the NFT aggregator platform Genie. Aggregator platforms accumulate NFT offers from various trading marketplaces across all chains to give a holistic view of the NFT market and meet traders’ needs in one place with decreased gas fees.
You can get all the latest insights in the DappRadar Q2 Dapp Industry Report.
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