• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

NFT Market Records 8.29% Sales Decline in Past Week

user avatar

by Giorgi Kostiuk

2 years ago

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%.

These data suggest that interest in leading blockchain platforms in the NFT space remains high despite the overall market downturn.CryptoSlam Experts

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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Market Cap Falls Below Major Tech Firms Amid Economic Pressures

chest

Bitcoin's market cap has dropped to roughly $146 trillion, placing it below several major technology companies and commodities in global asset rankings.

user avatarKaterina Papadopoulou

Sui Blockchain Outages Lead to Major Liquidations

chest

The recent outages of the Sui blockchain have led to significant liquidations for leveraged traders, with long positions accounting for 172 million of the 188 million in SUI liquidations recorded.

user avatarMaya Lundqvist

Sui Blockchain Suffers Third Outage in Less Than 48 Hours

chest

The Sui blockchain has faced its third outage in under 48 hours, severely impacting leveraged traders and leading to significant liquidations.

user avatarLeo van der Veen

Bitcoin Price Momentum Indicator Remains Negative, Signaling Market Weakness

chest

The Bitcoin Price Momentum indicator has shown a negative trend since May 22nd, indicating weakening market conditions and potential volatility in the cryptocurrency market.

user avatarLi Weicheng

Short-Term Bitcoin Holders Move 107,760 BTC Amid Market Concerns

chest

Short-term Bitcoin holders moved 107,760 BTC, indicating potential capitulation amid market concerns.

user avatarAisha Farooq

Bitcoin Expected to End May in the Red Amid Bear Market Trends

chest

Bitcoin is projected to end May 2026 in the red, continuing a historical trend where the cryptocurrency has never posted three consecutive months of positive performance during bear market years.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.