In recent weeks, the NFT market has shown steady growth despite uncertainty in the crypto sector. Sales volume rose significantly by 17.16%, reflecting buyer and seller activity.
Overall NFT Market Insights
According to data from CryptoSlam, the volume of NFT sales reached $130.7 million, increasing by 17.16%. The number of NFT buyers surged by 138.96% to 259,264, while the number of sellers grew by 98.69% to 137,347. However, the total number of transactions slightly decreased by 1.14% to 1,498,668.
Performance by Blockchain
Ethereum remains the leading blockchain with $41.3 million in sales, up 21.47% from the previous week. Bitcoin secured second place with $22.6 million, a 53.53% increase. Polygon dropped to third place with $14.5 million, despite a staggering 49,260.97% rise in trading.
Top NFT Collections Ranking
DMarket holds the second spot with $8.2 million, down 28.01%. At the same time, renowned collections CryptoPunks and BRC-20 NFTs show significant growth, placing them in fourth and third place respectively. Newcomer XSY Deposit on Avalanche entered fifth place with a 469.59% sales increase.
The NFT sector continues to demonstrate activity even amidst minor downturns in the crypto market, indicating a growing interest from buyers and diversity in offered collections.
