NFT Market Shows Strong Recovery
NFT sales climbed 4.09% to $109.8 million, marking the second consecutive week of growth after a period of declines. According to CryptoSlam data, NFT buyers increased 53.35% to 277,059 while sellers grew 67.19% to 206,669. However, total NFT transactions dropped 6.65% to 1.63 million.
This recovery coincides with Bitcoin regaining the $115,000 level and Ethereum climbing to $4,400, boosting overall crypto market confidence. The global crypto market cap now stands at $4.04 trillion, up from $3.81 trillion a week ago.
Ethereum Leads NFT Sales
Ethereum remains the dominant blockchain for NFTs, recording $46.4 million in weekly sales — a 42% jump. Wash trading volume also rose sharply by 154.37% to $9.2 million.
Mythos Chain held second place with $12.2 million despite a 16.29% drop. Bitcoin took third with $10.2 million in sales, up 8.44%. Immutable placed fourth with $8.5 million, while BNB Chain ranked fifth with $8.4 million. Solana climbed to sixth with $7.5 million, up 41.01%, while Polygon fell to seventh with $5.6 million, dropping 59.09%.
CryptoPunks Lead Weekly Collections
CryptoPunks delivered the standout performance of the week, surging 136.83% to $7 million. The collection more than doubled transactions (up 146.15%) and buyers (up 100%).
Other notable performers include Moonbirds, which surged 141.12% to $4.6 million, and Bored Ape Yacht Club, which saw $4.4 million in sales, up 78.76%.
High-Value NFT Sales
The week also saw several notable high-ticket sales:
- BOOGLE – 1,380 SOL ($324,846)
- CryptoPunks #8521 – 55.48 ETH ($255,288)
- CryptoPunks #4420 – 56.39 ETH ($254,250)
- CryptoPunks #2642 – 52.1 ETH ($239,735)
- CryptoPunks #1180 – 49.89 ETH ($232,394)
