The non-fungible token (NFT) market has experienced a 4.16% decline in sales volume over the past seven days.

NFT Market Overview

NFT sales volume has decreased to $77.6 million, a drop from the previous week’s figures. The number of NFT buyers has significantly dropped by 66.81%, reaching 263,804 compared to 794,763 last week. Similarly, NFT sellers have decreased by 67.87%, totaling 121,399. NFT transactions have also seen a decline, down by 13.78% to 1,662,101 in the past seven days.

Leading Blockchains by NFT Sales Volume

Here are the top blockchains by NFT sales volume during this period:

Ethereum

Ethereum remains in the lead with a sales volume of $26.5 million, although $2.7 million of this was attributed to wash trading. The number of Ethereum NFT buyers fell by 52%, totaling 26,673.

Bitcoin

Bitcoin exhibited a noteworthy 23.11% increase in volume over the last seven days, reaching $15.6 million, a substantial rise from the previous week’s $1.7 million.

Solana

Solana secured the third spot with $10.5 million in sales. Despite a significant drop in the number of buyers to 60,115 from last week’s 393,044, Solana continues to hold strong.

Other Blockchains

Mythos Chain (MYTH) followed with $8.3 million in sales, Polygon ($5.3 million), and Binance Coin (BNB) with $3.2 million.

Top NFT Collections by Sales Volume

The following are the top NFT collections based on sales volume:

DMarket

DMarket maintains its top position with sales amounting to $8.02 million across 342,900 transactions.

Guild of Guardians Heroes

Second on the list is Guild of Guardians Heroes, with $3.02 million in sales.

Bitcoin Puppets

Bitcoin Puppets saw a 59.2% increase in sales volume, reaching $2.97 million, surpassing CryptoPunks.

Top NFT Sales of the Week

Here are the top NFT sales from the last seven days:

  • Bored Ape Yacht Club #7940 sold for $1,433,582 (588 ETH)
  • Axie Infinity sold for $79,729 (32.6 ETH)
  • Known Origin #33608 sold for $73,160 (30 WETH)
  • CryptoPunks #7476 sold for $70,728 (28.99 ETH)
  • CryptoPunks #3654 sold for $69,672 (28.5 ETH)

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