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The NFT market keeps climbing while crypto prices move in different directions, with Bitcoin reaching $104,000 as Ethereum pulls back from $3,300.
According to CryptoSlam data, NFT sales volume has grown to $198.1 million, up 22.44% from last week. The market saw a strong influx of new traders, with both buyers and sellers increasing substantially.
The weekly metrics show growing market activity:
- NFT sales volume rose to $198.1 million from $164.3 million
- NFT buyers increased 62.09% to 447,099
- NFT sellers grew 44.53% to 319,002
- Transactions dipped 4.04% to 1,413,428
Data from CoinMarketCap shows that the overall crypto market cap has edged down to $3.58 trillion from last week’s $3.6 trillion.
ETH 7D price chart from CoinMarketCap
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Ethereum NFT sales spike 41%
Ethereum (ETH) NFT sales rose 41.56% to $116.2 million, with 48,616 buyers joining in. Wash trading climbed 53% to $64.9 million.
Bitcoin (BTC) NFTs declined 7.82% to $25.5 million, though buyer numbers grew 44.72% to 34,483.
Source: Blockchains by NFT Sales Volume (CryptoSlam)
Solana (SOL) went up 21.40% to $18.1 million, with 160,057 buyers taking part. Mythos Chain held fourth place with $13.0 million, up 2.00%, while Immutable took fifth with $7.2 million, rising 20.02%.
NFT collections see strong growth
Azuki doubled its lead with $29.3 million in sales, up 106%. The collection pulled in 547 buyers and 576 sellers, with transactions rising 231%.
Milady Maker burst into second place with $11.4 million, posting an 891.32% surge. Pudgy Penguins held steady in third with $11 million, growing 27.09%.
Azuki Elementals took fourth with $9.5 million, up 49%, while CryptoPunks rounded out the top five with $8.2 million despite a 3.72% drop.
Top sales for the week:
- CryptoPunks #6472: $740,179 (225 ETH)
- Azuki #6649: $546,615 (165.8291 ETH)
- Kreating Colourblin: $392,235 (400,040.5881 ADA)
- BOOGLE #9UiHGVa: $369,875 (1400.02 SOL)
- Autoglyphs #378: $322,556 (100 WETH)
Read more: Trump’s inauguration boosts crypto: Bitcoin, XRP, Rollblock, and Solana
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