NFT sales surge 170% to $95.5M on $55M Pandora trade

The NFT market recorded $95.48 million in sales over the past seven days, rising 170% as a single $55.03 million transaction involving the hybrid NFT project Pandora accounted for most of the increase. Summary NFT sales rose 170% to $95.48 million, while transactions increased 7.5% to 962,992. Buyer addresses climbed 49% to 172,739, as seller addresses reached 159,275. Ethereum generated $70.81 million, representing about 74% of global NFT sales. Pandora recorded $55.21 million from nine transactions, led by one $55.03 million sale. Courtyard ranked second among collections with $10.02 million despite a 10% decline. According to a CryptoSlam seven-day dashboard captured on Aug. 22, NFT sales increased to $95.48 million from approximately $35.29 million during the preceding period. The number of buyer addresses climbed 49% to 172,739, while seller addresses increased 50% to 159,275. Total transactions grew by a smaller 7.5% to 962,992, showing that the sharp increase in dollar volume was not matched by an equivalent rise in the number of recorded sales. The figures translate into an average value of approximately $99 per transaction, compared with about $39 during the previous perio...