Ethereum NFT collections drive weekly volume to $304M
Ethereum-based NFT collections saw a significant increase last week, generating a total sales volume of $304 million, according to data from CryptoSlam. This figure represents a 76% increase compared to the previous week, with Ethereum NFTs accounting for 66% of all NFT sales. Notably, the Pudgy Penguins collection led the pack with $54.4 million in sales. Other top performers included the LilPudgys collection with approximately $20 million, followed by Azuki, which surged by 130% week-on-week, reaching $18 million in sales. The overall NFT market showed strong momentum in December, with total sales volumes for the month already surpassing $678 million. However, the Pudgy Penguins collection's associated token has struggled, trading at $0.03, significantly down from its earlier highs. December's NFT sales mark the highest monthly performance since May, indicating a robust revival in the digital collectible space.
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