Data from CryptoSlam.io, an on-chain multi-chain non-fungible token explorer, reveals a decline in the global non-fungible token market sales volume over the past week. The total trading sales volume amounted to $195 million, marking an 18% decrease from the previous week.

Despite the drop in sales, there has been an increase in the number of collectors purchasing NFTs. Nearly 1 million collectors bought NFTs, showing a 37% rise from the previous week. Additionally, the number of collectors selling their NFTs also grew by 30%.

Ethereum was the most traded blockchain network in the NFT ecosystem last week, with a sales volume of $69 million, representing a 39% increase from the week before.

Bitcoin and Solana followed as the second and third most-traded blockchain networks respectively. Bitcoin-based NFT sales reached $58 million, while Solana-based NFTs amassed a trading volume of $32 million, which was a decrease of 2.89% from the previous week.

Polygon, an Ethereum scaling blockchain, also saw an increase in trading sales volume, reaching $17 million, with a 14.96% rise from the previous week.

Top Selling NFT Collections This Past Week

1. Bitcoin Ordinals NFT Collections

The Bitcoin Ordinals NFT collection was the highest selling collection last week, totaling $32 million in sales volume.

2. CryptoPunk NFT Collection

The CryptoPunk NFT collection recorded sales of $14 million last week, marking a significant 326% increase from the week prior.

3. Bored Ape Yacht Club NFT Collection

The Bored Ape Yacht Club NFT collection saw sales of $7.9 million, showing a 79.80% surge in sales volume.

4. DMarket NFT Collection

The DMarket NFT collection had sales of $5.9 million last week, experiencing a 6.46% decrease compared to the previous week.

5. NodeMonkes NFT Collection

The NodeMonkes NFT collection had sales totaling $4.8 million, reflecting a 21% decrease from the week before.

6. $WZRD BRC-20 NFT Collection

The $WZRD NFT collection recorded sales of $4.7 million last week, with a 76% decrease from the previous week.

7. Mutant Ape Yacht Club NFT Collection

The Mutant Ape Yacht Club NFT collection saw sales of $4.3 million, showing a 15% increase from the week before.

8. Mad Lads NFT Collection

The Mad Lads NFT collection recorded sales of $3.9 million, experiencing a 6.7% decrease from the previous week.

9. Dokyo NFT Collection

The Dokyo NFT collection had sales of $3.5 million, reflecting a 43% decrease compared to the previous week.

10. Gods Unchained NFT Collection

Gods Unchained NFT collection recorded sales of $3.1 million, rounding off the top ten top-selling NFT collections last week.

Top NFT Sales Volume Last Week

The Crypto Punks #635 claimed the top spot as the most expensive NFT collection sold last week, going for over $12 million. Following that, the $PUPS BRC-20 NFT collection sold for $259,192 five years ago, and the LockDeal NFT #57419 was sold for $176,056 last week.

NFT Market Prediction This Week

Considering the recent surge in memecoins and the crypto market, the NFT market has taken a back seat. However, as market trends shift, the global NFT market may see increased sales once the memecoin hype subsides.