The global NFT market is showing a decrease in sales, losing 8.29% in volume in the past week. However, Ethereum and Bitcoin platforms see increased activity.
NFT Market Sales Decline
According to data from CryptoSlam.io, the global NFT market's trading volume fell to $78 million over the past seven days, a decrease of 8.29% from the previous week. The number of investors buying NFTs has decreased to 334K. NFT transactions also fell by 19%.
Growth in NFT Sales on Ethereum and Bitcoin
Ethereum maintained its lead among blockchain networks with $28 million in sales, up 9.93%. Bitcoin took second place in the ecosystem, reaching a trading volume of $15 million, an increase of 15%.
Top 5 Best-Selling NFT Collections
Among the best-selling collections this week, DMarket leads with $4.9 million in sales, despite a 66% drop. It is followed by Bitcoin Puppets ($3.1M), Guild Of Guardians ($2.9M), Bored Ape Yacht Club with a 127% growth ($2.7M), and CryptoPunks ($2.4M).
Despite the overall decline, interest in individual blockchains and collections remains high, indicating potential growth opportunities.
