The NFT market is showing strong recovery with sales volume jumping by 22.43% to $107.1 million.
According to data from CryptoSlam, the NFT buyer count has increased by 33.82% to 523,950, while NFT sellers have grown by 20.75% to 269,713. NFT transactions have also risen by 22.68% to 1,711,931.
The recovery has happened as Bitcoin’s (BTC) price has recovered to the $96,000 level. At the same time, Ethereum (ETH) has shown a 1.6% recovery in the last seven days and is hovering at the $1,800 level. The global crypto market cap is now $3 trillion, up from last week’s $2.97 trillion.
You might also like: XRP flashes bullish signals as EMA’a cross: are bulls in control?
Ethereum still holds the lead
Ethereum continues to lead blockchain NFT sales with $26.3 million. This is a 10.03% increase from the previous week. Ethereum’s wash trading has decreased by 13.89% to $3.1 million.
Polygon (POL) has surged to second place with $19.8 million in sales, showing a growth of 102.45%. Mythos Chain holds the third position with $14.5 million, though sales are down 3.93%. Bitcoin maintains fourth place with $13.5 million, a 7.18% decrease.
Source: Blockchains by NFT Sales Volume (CryptoSlam)
BNB (BNB) Chain has entered the top five with $9.5 million in sales, up 160.48%. Solana (SOL) rounds out the top blockchains with $9.2 million and has shown modest growth of 3.45%.
In collection rankings, Courtyard on Polygon has reclaimed the top spot with $17.3 million in sales and posted a 98.93% increase. The collection saw transactions surge by 91.39% and buyers grow by 91.91%.
DMarket remains in second place with $9.4 million in sales, though down 5.04%. Guild of Guardians Heroes has climbed to third with $5.5 million, showing growth of 52.08%.
DKTNFT on BNB Chain has entered the fourth-place rankings with $4.8 million. The collection experienced growth of 334,637.93% in sales and 37,525% in transactions.
CryptoPunks has fallen to fifth place with $3 million in sales, down 16.73%. The collection saw declines across all metrics, including transactions (18.42%), buyers (58.82%), and sellers (46.15%).
Pudgy Penguins shows signs of recovery in seventh place with $2.4 million in sales, up 65.87%. The collection saw increased transactions (24.10%) and sellers (28.07%), though buyer numbers remained flat.
Notable high-value sales from this week include:
- Pudgy Penguins #6873 sold for 200 WETH ($360,238)
- CryptoPunks #6472 sold for 144 ETH ($264,271)
- CryptoPunks #2892 sold for 125 ETH ($231,157)
- BOOGLE #5DmKCchdChjStzLdsRVLMdSYzfB4w1ecdL5 sold for 1,400.02 SOL ($203,520)
- Autoglyphs #168 sold for 85 ETH ($155,713)
Read more: Senator Lummis claims Trump supports 1M Bitcoin strategic reserve bill
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