The global non-fungible token (NFT) market is showing signs of revival after several months of lull. This past week, NFT sales volume reached $164 million, reflecting a 94% increase.
NFT Market Revival
According to CryptoSlam.io, the NFT market recorded $165 million in trading sales volume over the past seven days, marking a 94% increase from the previous week. The number of investors also rose sharply to 265,097, representing an 822% surge.
Trading Activity Across Blockchains
Ethereum led the NFT market with $61 million in sales volume, a 126% increase from last week. Significant trading also took place on the Bitcoin and Solana blockchains, with sales volumes of $57 million and $24 million, respectively.
Top NFT Collections of the Week
Top-selling collections this week include the $?? BRC-20 on the Bitcoin blockchain, CryptoPunks, and Bitcoin Puppets. These collections showed substantial sales growth, with increases of 355%, 834%, and 217%, respectively.
The NFT market is exhibiting strong recovery with increased sales and participant numbers. Projects like Ethereum and Bitcoin remain key players in this domain.
