The NFT market has rebounded strongly this week, with total sales volume surging 22.43% to $107.1 million, signaling renewed interest across both collectors and investors.
Key Market Metrics Show Strong Growth
According to CryptoSlam, the NFT space saw a sharp uptick across multiple indicators:
- Buyers: Up 33.82% to 523,950
- Sellers: Increased by 20.75% to 269,713
- Transactions: Rose 22.68% to over 1.71 million
The bounce coincides with a broader crypto market recovery. Bitcoin regained ground near $96,000, while Ethereum rose by 1.6% over the past week, hovering around $1,800. The total crypto market cap is back at $3 trillion, up from $2.97 trillion a week ago.
Top Blockchains by NFT Sales Volume
Ethereum maintained its lead with $26.3 million in NFT sales, a 10.03% week-over-week increase. Importantly, wash trading on the network dropped nearly 14%, improving organic transaction quality.
Polygon (POL) emerged as a breakout performer, leaping into second place with $19.8 million, marking an impressive 102.45% gain. Meanwhile, Mythos Chain remained in third with $14.5 million, down 3.93%. Bitcoin saw a 7.18% drop to $13.5 million, placing it fourth.
BNB Chain soared into the top five with a 160.48% surge to $9.5 million, while Solana rounded out the list at $9.2 million, showing modest 3.45% growth.
Leading NFT Collections: Courtyard Takes the Throne
Among collections, Courtyard (Polygon) reclaimed the top spot with $17.3 million in sales, thanks to a 98.93% weekly gain. Transactions and buyer count nearly doubled, reflecting rising demand.
Other top-performing collections:
- DMarket: $9.4M (down 5.04%)
- Guild of Guardians Heroes: $5.5M (up 52.08%)
- DKTNFT (BNB Chain): $4.8M, with unprecedented 334,638% growth
- CryptoPunks: Slipped to fifth with $3M, down 16.73%
- Pudgy Penguins: Rebounded to $2.4M in sales, up 65.87%
High-Value NFT Sales Highlight Market Strength
Several high-ticket sales caught attention:
- Pudgy Penguins #6873: 200 WETH (~$360,238)
- CryptoPunks #6472: 144 ETH (~$264,271)
- CryptoPunks #2892: 125 ETH (~$231,157)
- BOOGLE #5DmKC…: 1,400.02 SOL (~$203,520)
- Autoglyphs #168: 85 ETH (~$155,713)
NFTs Are Back in the Spotlight
The past week has reignited optimism in the NFT sector, with notable gains in both activity and value. With Polygon and BNB Chain collections gaining serious traction and Pudgy Penguins showing strong recovery, market dynamics suggest a potential second wind for the NFT space in Q2 2025.
As blockchain networks diversify and retail demand returns, the NFT market appears poised for a broader resurgence.
