Pandora Fuels 170% Surge in NFT Sales to $95.48 Million

NFT sales experienced a significant surge in the past week, rising by 170% to reach $95.48 million. This increase was largely driven by a single transaction involving Pandora, which accounted for over $55 million of the total sales.

The data from CryptoSlam's seven-day dashboard shows that Pandora dominated the NFT market, with sales exceeding $55.21 million from just nine transactions. The collection's average sale price reached approximately $6.1 million per transaction.

Ethereum was the leading blockchain in terms of NFT sales, generating $70.81 million and accounting for about 74% of global NFT sales. Buyer addresses on Ethereum increased by 63.7%, but Pandora alone accounted for nearly 78% of the network's organic NFT sales.