NFT sales rose 22% this month with $568 million in NFTs sold across 20 blockchains

Over the past seven days, NFT sales have increased by 5.13% compared to the previous week. In addition, over the past two days, Bored Ape Yacht Club’s (BAYC) NFT floor managed to exceed Cryptopunks’ NFT floor by more than four ethereum.

NFT sales improved in November, rising 22% over October sales – BAYC’s floor exceeds Cryptopunks’ floor

About two weeks ago, Bitcoin.com News reported on the two top NFT collections – Cryptopunks and Bored Ape Yacht Club (BAYC) NFTs. At the time, Cryptopunks’ NFTs had managed to surpass BAYC’s NFTs in terms of audience. NFT’s bottom values but in the last two days, Bored Ape’s bottom values have again taken the lead.

At the time of writing, the cheapest BAYC floor value is 69.88 ether, while the Cryptopunks floor value is 65.94 ether. The floor price of BAYC has managed to stay above the floor value linked to the Cryptopunks collection for two days.

NFT sales were higher in the last 30 days, as there were $568.19 million in digital collectible sales last month, about 22.37% higher than the previous month. The number of NFT buyers last month was down 12.83%, and the quantity of NFT transactions was down 27.09% from the number of NFT transactions in the previous month.

Of the $568.19 million in NFT sales, $443.55 million of those sales were Ethereum-based NFTs. Ethereum-based NFT sales were up 45.99% from last month, according to statistics recorded by cryptoslam.io.

The largest month-over-month increase in NFT sales came from Arbitrum blockchain NFT sales, with the latter increasing by 46.83%. Below Ethereum and Arbitrum-based NFT sales, Fantom sales increased by 43.58% from the previous month.

Blockchains that saw significant month-over-month declines include Cardano NFT sales, down 54.98%, NBB were down 49.21%, Polygon NFT sales were down 66.35%, and Ronin NFT sales were down 54.76%. Avalanche-based NFT sales were also down 49.32% from the previous month.

Over the past month, the top selling NFT collection was BAYC, which took in $64,907,645 over the past 30 days. The Art Gobblers collected $57.18 million and the Mutant Ape Yacht Club (MAYC) NFTs $29.14 million.

Among the top 40 NFT collections in terms of sales, Meebits had the largest 30-day increase. Meebits sales rose 172.85% this month to $2.53 million. The most expensive NFT sold in the past month was Bored Ape Yacht Club #8,633, sold for $953K 12 days ago.

BAYC #8,633 was followed by BAYC #1,268, which sold six days ago for $923K, and BAYC #232 which sold for $908K six days ago. The five most expensive NFTs sold in the last 30 days were BAYC NFTs, and the sixth most expensive sale was Cryptopunk #8,191 which sold for $438K about 26 days ago.