The global NFT market shows positive trends in the past week. The total sales volume reached $115 million, up 10% from the previous week. In this article, we examine the state of the NFT market and future predictions.
Sales Volume Growth in the Global NFT Market
According to data compiled by an industry research platform, the total sales volume of the global NFT market over the last week was $115 million, representing a 10.85% increase compared to the previous week, which had a volume of $106 million. Ethereum remains the most traded blockchain network in the NFT market, with a trading sales volume of $37 million, increasing by 55% over the week. Polygon and Mythos Chain also show activity, with sales volumes of $19 million and $15 million respectively.
Top 5 Selling NFT Collections This Week
1. **Courtyard NFT Collection** - sales volume reached $17 million, down 1.84% for the week. 2. **DMarket NFT Collection** - achieved $10 million, rising by 0.73%. 3. **Doodles NFT Collection** - sales volume hit $5.6 million, surging by 491% due to the $DOOD airdrop. 4. **Guilds Of Guardians Heroes NFT Collection** - sales reached $5.5 million. 5. **CryptoPunks NFT Collection** - sales volume over the past 24 hours was $3.6 million, up by 36%.
Future Predictions for the NFT Market in 2025
Experts predict that the NFT market may experience another price surge. Analyst Crypto Kaleo expresses the view that the anticipated NFT bull market in 2025 will surpass the 2021-2022 boom. He states that future trends will create unprecedented opportunities in the NFT space. Kaleo said: "They’ll write movies about the NFT bull market that’s about to happen from the second half of 2025 through 2027."
With current positive trends and forecasts, the NFT market may be expected to reach new heights and significant growth in the coming years.