Base Blasts Off 219% as NFTs Hit $155M This Week: Winners, Losers, and Big Spenders

Non-fungible token (NFT) sales climbed 10.7% over the past week, amassing $155.6 million in sales within a seven-day window.

Penguins, Abstract Beings, and Base’s Meteoric Rise

According to data from cryptoslam.io, while overall NFT sales increased, the number of buyers dropped by a staggering 85.1% compared to the prior week. Ethereum-based NFTs maintained their dominance, accounting for $61.64 million of total sales. NFTs minted on Bitcoin followed closely, with weekly sales reaching $31.02 million. Ethereum NFT sales saw a 14.6% increase, whereas Bitcoin NFT sales experienced a slight dip of 0.29%.

Screenshot from cryptoslam.io on Jan. 10, 2025.

Solana recorded just over $20 million in sales, marking a 10.18% rise from the previous week. The Polkadot Mythos network registered $12.46 million in sales, while Base secured the fifth spot with $8.36 million, reflecting a significant 219.1% growth. Interestingly, Blast also experienced a 219.1% uptick, although its weekly volume was modest at $885,987. Pudgy Penguins emerged as the top-performing collection, achieving $8,664,576 in sales.

Screenshot from cryptoslam.io on Jan. 10, 2025.

Pudgy Penguins’ performance represented a 78.5% improvement from the prior week. On the Bitcoin blockchain, BRC20-styled NFTs generated $8.37 million in sales, a 43.36% increase. Mythos’ Dmarket platform recorded $7,270,498 in sales, a minimal rise of 1.43%. Guild of Guardians, an Immutable-ZK collection, took the fourth spot with $5,444,976 in sales, reflecting a 5.82% decline. Azuki rounded out the top five collections with $4,397,764 in weekly sales, a sharp decrease of 51.58%.

The week’s highest-priced NFT sale came from the Expose Stream collection, which fetched $474,710. On Polygon, Piggybox #13463449 sold for $288,921, while Bitcoin’s Abstract Beings by Memphis was purchased for $222,680.

Screenshot from cryptoslam.io on Jan. 10, 2025.

This week’s varied NFT sales data reflect a mix of gains and contractions across multiple blockchains and collections. As the NFT market continues to evolve, shifts in demand and buyer preferences are likely to influence its trajectory. The developments in 2025 could prove pivotal for the digital collectibles sector.

Source