According to CryptoRank, the global NFT market declined by 13,81% over the past 7 days, reaching $135.84 million. Despite this, market participation increased: the number of buyers rose by 21,58% to 469,508, while sellers grew by 21,68% to 335,747. The total number of transactions reached 1.74 million.
Ethereum Leads but Loses Volume
Ethereum remains the largest blockchain by NFT sales volume, recording $60.754 million. This figure is 26,19% lower compared to the previous week. Of this amount, $11.031 million came from wash trading, down 61,27%. Overall transaction volume on Ethereum decreased by 35,21%.
In second place is BNB with $22.07 million, up 22,37%. Polygon ranked third, showing a 32,9% increase to $16.589 million. Rounding out the top five are Mythos ($9.825 million, +3,77%) and Solana ($8.126 million, −5,98%).
CryptoPunks Strengthened Their Position
According to nftpricefloor, the CryptoPunks collection once again took the top spot by volume. The floor price rose to 49.87 ETH ($234,043), up 2,82% over the week and 12,45% over the month. Weekly sales totaled 2.01 ETH ($7.84 million).
In second place is Bored Ape Yacht Club with a floor price of 10.07 ETH ($47,187), despite a weekly decline of 8,86%. Pudgy Penguins ranked third. The project fell by 17,68% in price over the week, dropping to 10.52 ETH ($49,506).
Biggest Deals of the Week
Eight tokens from the CryptoPunks collection made it into the top 10 NFT deals of the week. The leader was CryptoPunks #1082, sold for 80 ETH ($297,257). Other sales ranged from 48 to 73 ETH, or $229,000–271,000. The cheapest deal was CryptoPunks #9855, sold for 48 ETH ($229,603).
Read Also:
- The NFT Market Drops $1.2 Billion in a Week Amid Ethereum Decline
- NFT Market Declines Despite Sales Growth in July
- NFT Market Cap Surpasses $6B as CryptoPunks See $13.5B Buying Spree
This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.
