The NFT market is experiencing a resurgence despite recent crypto price declines, with Bitcoin trading at around $96,000 and Ethereum lingering near $2,600.
Current data indicates the global crypto market cap has fallen to $3.18 trillion, down from $3.24 trillion the previous week.
Recent statistics reveal that NFT sales volume surged to $152.9 million, representing a significant 19.6% increase compared to the prior week. This rise reflects enhanced engagement across various market metrics.
Key weekly data highlights an uptick in market activity:
- NFT sales volume increased from $112.7 million to $152.9 million
- NFT buyers rose by 64.53%, totaling 335,666
- NFT sellers grew by 49.30%, reaching 237,123
- NFT transactions climbed by 4.73%, totaling 1,574,998
Ethereum NFT Sales Surge
Ethereum (ETH) NFT sales skyrocketed by 42.71% to $79.1 million, with the number of buyers increasing by 36.09% to 41,619. Additionally, wash trading surged by 44.66% to $37.5 million.
Bitcoin (BTC) captured second place with $20.6 million in NFT sales, despite experiencing a 26.59% decline. Nonetheless, buyer participation saw a rise of 40.65%, reaching 23,097.
Mythos Chain secured third place with $15.4 million, marking a 4.25% increase. Solana (SOL) followed closely with $10.9 million, up 13.86%, while Polygon (POL) rounded out the top five with $9.2 million, reflecting a growth of 23.35%.
Doodles Secures Second Place
DMarket led the market with $10.2 million in sales, up 6.59%, maintaining a strong presence with 344,394 transactions and 24,012 buyers.
Doodles took second place with $9.9 million, showing a 32.80% increase, while Pudgy Penguins rose to third with $8.8 million, enjoying an impressive 83.01% surge in sales and more than doubling their transaction volume.
Courtyard ranked fourth with $8.2 million, reflecting a 23.52% growth, and LilPudgys entered the top five with $6.3 million, boasting a remarkable 133.39% increase.
Among notable sales this week were:
- CryptoPunks #7685: $166,289 (60 ETH)
- CryptoPunks #3963: $139,515 (50 ETH)
- CryptoPunks #5774: $122,773 (44 ETH)
- CryptoPunks #9813: $121,059 (44.99 ETH)
- CryptoPunks #8046: $120,659 (44.69 ETH)
