Pandora Sale Fuels NFT Market Surge

NFT sales skyrocketed to $95.48 million in the past week, a 170% increase driven by a massive sale of Pandora NFTs on Ethereum.

The single transaction worth $55.03 million from the hybrid project Pandora was responsible for the significant spike in sales, making it clear that large, concentrated transactions can greatly impact market figures.

Ethereum led the way with $70.81 million in sales, but excluding the Pandora sale, the market's growth was less dramatic.