Over the past 24 hours, the non-fungible token (NFT) market experienced a significant surge. According to CryptoSlam, NFT sales soared by an impressive 52%, reaching a total of $55,949,508.
While the number of buyers and sellers decreased slightly by 1.4% and 4.3% respectively, transactions witnessed a notable uptick of nearly 5%.
Among the top 10 collections in terms of sales volume, six witnessed growth. Notably, CryptoPunks saw the most substantial increase, skyrocketing by 1,691% to $17.56 million, securing its position as the top collection overall.
This surge coincided with the sale of the second most expensive Punk in the collection’s history, which fetched 4,850 ETH ($17,114,971) on March 20th.
CryptoPunk #7804, known as ‘AlienPunk,’ joins the recent acquisition of another Alien Punk, #3100, which was purchased for 4,500 ETH.
Adding to the NFT buzz, Deepak Thapliyal, CEO of Chain, a cloud blockchain infrastructure firm, secured the title for the most expensive Punk purchase in 2022, shelling out 8,000 ETH.
In a remarkable surge, Pudgy Penguins emerged as the second-best performer, witnessing a staggering 711% increase in value within a day, reaching $2.87 million and securing the third position overall.
On the downside, Mad Lads experienced the most significant decline, plummeting by 62% to 661,826.
Surprisingly, Pandora, once a top contender, is now out of the top 10 category, despite a previous dominance, even with a sales increase of over 50%.
In terms of blockchain hosting, Ethereum reclaimed its top spot, witnessing a remarkable 206% surge in sales, totaling $32.6 million.
Bitcoin slid to second place, experiencing a 21% decrease in sales, amounting to $10.66 million.
