{"id":8761,"date":"2025-05-18T19:26:47","date_gmt":"2025-05-18T19:26:47","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=8761"},"modified":"2025-05-18T19:26:49","modified_gmt":"2025-05-18T19:26:49","slug":"nft-market-surges-17-despite-crypto-pullback-sales-hit-130-7m","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/05\/18\/nft-market-surges-17-despite-crypto-pullback-sales-hit-130-7m\/","title":{"rendered":"NFT Market Surges 17% Despite Crypto Pullback, Sales Hit $130.7M"},"content":{"rendered":"\n<p>Amid a broader cooldown in the cryptocurrency market, the <strong>NFT sector is showing renewed strength<\/strong>, with sales volume soaring <strong>17.16% week-over-week to $130.7 million<\/strong>, 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.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Strong Rebound in Market Activity<\/h3>\n\n\n\n<p>Participation in the NFT space saw an impressive uptick this week:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>NFT buyers surged by 138.96%<\/strong>, reaching <strong>259,264<\/strong><\/li>\n\n\n\n<li><strong>Sellers increased by 98.69%<\/strong> to <strong>137,347<\/strong><\/li>\n\n\n\n<li><strong>Total NFT transactions<\/strong> slightly dipped by <strong>1.14%<\/strong> to <strong>1,498,668<\/strong><\/li>\n<\/ul>\n\n\n\n<p>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.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ethereum Leads While Bitcoin Gains Ground<\/h3>\n\n\n\n<p><strong>Ethereum<\/strong> continues to dominate the NFT landscape, with weekly NFT sales reaching <strong>$41.3 million<\/strong>, a <strong>21.47% increase<\/strong> from the previous week. Notably, <strong>Ethereum wash trading<\/strong> dropped <strong>14.85% to $4.5 million<\/strong>, signaling more organic activity.<\/p>\n\n\n\n<p><strong>Bitcoin NFTs<\/strong> are gaining momentum, securing second place with <strong>$22.6 million in sales<\/strong>, a <strong>53.53% jump<\/strong>. <strong>Polygon<\/strong> dropped to third, recording <strong>$14.5 million<\/strong>, down <strong>22.85%<\/strong>, though its <strong>wash trading activity skyrocketed by over 49,000%<\/strong> to $1.3 million.<\/p>\n\n\n\n<p>Other top blockchains include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mythos Chain<\/strong> \u2013 $13.3M (down 19.62%)<\/li>\n\n\n\n<li><strong>Solana<\/strong> \u2013 $8.9M (up 17.31%)<\/li>\n<\/ul>\n\n\n\n<p>Buyer activity grew across all chains, with:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bitcoin buyers increasing by 275.4%<\/strong><\/li>\n\n\n\n<li><strong>Solana by 237.33%<\/strong><\/li>\n\n\n\n<li><strong>Polygon by 233.6%<\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Top NFT Collections: Courtyard Leads, CryptoPunks Surges<\/h3>\n\n\n\n<p>In collection rankings, <strong>Courtyard (Polygon)<\/strong> retained the top spot despite a <strong>31.02% drop<\/strong> in sales to <strong>$11.7 million<\/strong>. All activity metrics transactions, buyers, and sellers saw double-digit declines.<\/p>\n\n\n\n<p>Other top collections include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>DMarket<\/strong> \u2013 $8.2M (down 28.01%)<\/li>\n\n\n\n<li><strong>Bitcoin BRC-20 NFTs<\/strong> \u2013 $7.1M (up 107.81%)<\/li>\n\n\n\n<li><strong>CryptoPunks<\/strong> \u2013 $7M (up 97.09%)<\/li>\n\n\n\n<li><strong>XSY Deposit (Avalanche)<\/strong> \u2013 $6.8M (up 469.59%), a new entrant to the top five<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">High-Value NFT Sales of the Week<\/h3>\n\n\n\n<p>Notable big-ticket NFT transactions included:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Known Origin #30101<\/strong> sold for <strong>410,532 USDC<\/strong><\/li>\n\n\n\n<li><strong>CryptoPunks #3281<\/strong> sold for <strong>148 ETH<\/strong> ($384,286)<\/li>\n\n\n\n<li><strong>CryptoPunks #1507<\/strong> sold for <strong>80 ETH<\/strong> ($204,711)<\/li>\n\n\n\n<li><strong>CryptoPunks #9460<\/strong> sold for <strong>81 ETH<\/strong> ($202,324)<\/li>\n\n\n\n<li><strong>MAYC #30001<\/strong> sold for <strong>194,815 USDC<\/strong><\/li>\n<\/ul>\n\n\n\n<p>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\u2019 enduring appeal across blockchain ecosystems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&#8230;<\/p>\n","protected":false},"author":3,"featured_media":8762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73,63],"tags":[65,291,1046],"class_list":["post-8761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-crypto-news","tag-crypto","tag-nft","tag-pullback"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NFT Market Surges 17% Despite Crypto Pullback, Sales Hit $130.7M - Crypto News<\/title>\n<meta name=\"description\" content=\"NFT sales surged 17.16% to $130.7M this week despite a crypto market pullback. 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