Amid a broader cooldown in the cryptocurrency market, the NFT sector is showing renewed strength, with sales volume soaring 17.16% week-over-week to $130.7 million, according to data from CryptoSlam. The upswing signals a resilient rebound in market participation, even as major cryptocurrencies like Bitcoin and Ethereum experience minor corrections.
Strong Rebound in Market Activity
Participation in the NFT space saw an impressive uptick this week:
- NFT buyers surged by 138.96%, reaching 259,264
- Sellers increased by 98.69% to 137,347
- Total NFT transactions slightly dipped by 1.14% to 1,498,668
Despite the slight decline in transactions, the influx of new participants highlights growing interest in the NFT space, even as broader digital assets experience a modest slowdown.
Ethereum Leads While Bitcoin Gains Ground
Ethereum continues to dominate the NFT landscape, with weekly NFT sales reaching $41.3 million, a 21.47% increase from the previous week. Notably, Ethereum wash trading dropped 14.85% to $4.5 million, signaling more organic activity.
Bitcoin NFTs are gaining momentum, securing second place with $22.6 million in sales, a 53.53% jump. Polygon dropped to third, recording $14.5 million, down 22.85%, though its wash trading activity skyrocketed by over 49,000% to $1.3 million.
Other top blockchains include:
- Mythos Chain – $13.3M (down 19.62%)
- Solana – $8.9M (up 17.31%)
Buyer activity grew across all chains, with:
- Bitcoin buyers increasing by 275.4%
- Solana by 237.33%
- Polygon by 233.6%
Top NFT Collections: Courtyard Leads, CryptoPunks Surges
In collection rankings, Courtyard (Polygon) retained the top spot despite a 31.02% drop in sales to $11.7 million. All activity metrics transactions, buyers, and sellers saw double-digit declines.
Other top collections include:
- DMarket – $8.2M (down 28.01%)
- Bitcoin BRC-20 NFTs – $7.1M (up 107.81%)
- CryptoPunks – $7M (up 97.09%)
- XSY Deposit (Avalanche) – $6.8M (up 469.59%), a new entrant to the top five
High-Value NFT Sales of the Week
Notable big-ticket NFT transactions included:
- Known Origin #30101 sold for 410,532 USDC
- CryptoPunks #3281 sold for 148 ETH ($384,286)
- CryptoPunks #1507 sold for 80 ETH ($204,711)
- CryptoPunks #9460 sold for 81 ETH ($202,324)
- MAYC #30001 sold for 194,815 USDC
The NFT market continues to defy broader crypto volatility with renewed buying interest and rising volumes. With Ethereum and Bitcoin NFTs gaining traction and new collections like XSY Deposit making a strong debut, the sector appears to be entering a fresh cycle of growth underscoring NFTs’ enduring appeal across blockchain ecosystems.
