Bitcoin leads with 50% jump in sales

The post Bitcoin leads with 50% jump in sales appeared on BitcoinEthereumNews.com. This week saw a positive turn for the non-fungible token (NFT) market, with sales climbing more than 17% after a period of decline. The total sales reached $145.3 million, involving nearly 230,000 active buyers and sellers. Blockchains by NFT sales volume The Bitcoin (BTC) network led the charge in NFT sales among blockchains, It hit $47.74 million — a notable rise of 50.33% from last week. The network also registered more than $39,000 in wash trading — 15.39% higher than last week’s numbers.  Despite the improved sales volume, the Bitcoin NFT space registered a nearly 96% drop in the number of active buyers. Only 2,056 addresses actively took part in the week’s trading. Following closely in weekly NFT sales volume was the Ethereum (ETH) blockchain, which, according to data from CryptoSlam, recorded more than $35 million in sales between June 2 and June 8.  In the week prior, as reported by crypto.news, Ethereum had the highest NFT sales volume, with total sales of $37.43 million. This week’s figures dropped slightly by 0.31% and relegated the Ethereum blockchain to second best in terms of the number of NFT sales.  The network’s wash trading numbers also went down by about 6.87% to settle at $24.7 million. In terms of buyers, Ethereum was far more active than Bitcoin over the last seven days, with more than 15,000 buyers participating in NFT transactions. However, the number was still a 59.67% drop from last week, per data from CryptoSlam. Polygon (MATIC) NFT sales also saw a significant jump, increasing by more than 22% to $19.63 million. Solana (SOL) held fourth place with $18.225 million in sales, down by 4.53%. Immutable X (IMX) followed, with sales surging by 13.15%.  Top 5 blockchains by NFT sales volume | Source: CryptoSlam This recent uptick in activity is noteworthy…