NFT sales volume dipped slightly by 0.47% to $65.58 million last week, according to CryptoSlam data, even as market participation surged with buyers up 26% to 292,030 and sellers rising 24% to 205,205.
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DMarket topped collections with $5.32 million in sales, up 72% week-over-week.
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Courtyard on Polygon secured second place at $4.99 million, marking a 66.58% increase.
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Ethereum led networks with $20.88 million, while Bitcoin surged 70.52% to $12.12 million; transactions fell just 0.95% to 869,747.
NFT sales volume sees minor 0.47% drop to $65.58M amid rising buyers and sellers. Discover top collections like DMarket and network leaders Ethereum, Bitcoin. Stay updated on NFT market trends today!
What is the latest NFT sales volume trend?
NFT sales volume recorded a modest decline of 0.47% last week, settling at $65.58 million compared to $67.76 million the prior week, as reported by CryptoSlam. Despite the dip, robust market engagement persisted with NFT buyers increasing 26% to 292,030 and sellers climbing 24% to approximately 205,205. Transactions held steady, easing only 0.95% to 869,747.
Which NFT collections led by sales volume?
DMarket on the Mythos blockchain reclaimed the top spot with $5.32 million in sales, reflecting a sharp 72% rise from $3.09 million the previous week. This collection handled 142,989 transactions, attracting 10,681 buyers and 9,007 sellers. Courtyard on Polygon advanced to second place, achieving $4.99 million—a 66.58% jump from $2.97 million—with over 67,000 transactions, 10,039 buyers, and 2,192 sellers.
BRC-20 NFTs on Bitcoin captured third position at $3.45 million, surging 335.14% from the prior week. It processed more than 2,000 transactions involving 822 buyers and 602 sellers, underscoring growing interest in Bitcoin’s NFT ecosystem. CryptoPunks on Ethereum rose to fourth with $2.51 million, up 68.62% from $1.77 million, across just 30 transactions.
Milady Maker fell to fifth after a 42% drop to $2.26 million from $3.68 million, limited to 130 transactions with only two buyers and one seller. YES BOND on BNB Chain rounded out the top six at $2.15 million, a slight 0.25% gain from $2.12 million, supported by 1,643 transactions. These shifts highlight diverse performance across blockchains and collections, driven by varying buyer interest and market dynamics.
CryptoSlam’s tracking reveals how blue-chip and emerging collections compete, with volume leaders often benefiting from high transaction throughput and participant growth. Experts note that such weekly fluctuations are common in the NFT space, influenced by broader crypto market sentiment without indicating long-term trends.
Frequently Asked Questions
What were the top NFT networks by sales volume last week?
Ethereum dominated with $20.88 million, down 23.92% from $28.06 million, including $3.55 million in wash trading for a total of $24.43 million; buyers rose 37.19% to 19,798. Bitcoin took second at $12.12 million, up 70.52%, with $45,552 in wash trading. BNB Chain followed at $7.77 million, down 18.84%.
Why did Bitcoin NFT sales surge while others declined?
Bitcoin’s NFT sales jumped 70.52% to $12.12 million due to heightened interest in BRC-20 tokens, processing over 2,000 transactions with 44.08% more buyers. Ethereum and Solana saw declines amid wash trading adjustments, but overall participation grew across networks, reflecting selective momentum in Bitcoin Ordinals and inscriptions.
Key Takeaways
- Slight volume dip masks growth: NFT sales volume fell 0.47% to $65.58 million, but buyers and sellers increased significantly by 26% and 24%.
- DMarket leads resurgence: Top collection boosted 72% to $5.32 million, signaling strength in Mythos Chain ecosystems.
- Bitcoin gains traction: Network sales up 70.52%, highlighting Bitcoin NFTs’ rising competitiveness against Ethereum.
Conclusion
The latest NFT sales volume data from CryptoSlam illustrates a resilient market, with a minor 0.47% decline to $65.58 million overshadowed by surging participation—292,030 buyers and 205,205 sellers. Top performers like DMarket and Bitcoin networks demonstrate pockets of vigor amid varied collection and blockchain results. As NFT marketplaces evolve, monitor these trends for opportunities in high-volume assets and watch for sustained buyer growth driving future volumes higher.
Source: https://en.coinotag.com/nft-sales-dip-slightly-as-bitcoin-volumes-surge-70
