SPIKE IN BUYERS DESPITE FLAT $61.5M SALES

NFT MARKET SEES 120% SPIKE IN BUYERS DESPITE FLAT $61.5M SALES

ByMolly McNearney

The NFT market generated $61.5 million in sales over the past week, marking a modest 1.52% increase compared to the previous period. While overall sales remained largely stable, participation across the market surged sharply.

The number of NFT buyers jumped 120.9% to 134,743, while sellers rose 98.7% to 111,756, signaling renewed interest and broader engagement despite limited movement in transaction value.

This rise in activity comes as the wider crypto market shows signs of recovery. Bitcoin rebounded to around $95,000, while Ethereum climbed back above $3,200, helping lift market sentiment.

Meanwhile, the total cryptocurrency market capitalization increased to $3.22 trillion, up from $3.09 trillion last week, reflecting improving momentum across digital assets.

Ethereum Leads NFT Market as Buyer Activity Surges Across Blockchains

Ethereum maintained its position as the top blockchain for NFTs, recording $29.05 million in sales over the past seven days. This marks a 13.51% increase week over week, reinforcing Ethereum’s dominance in the NFT space. Buyer participation surged sharply, with 17,389 buyers, representing a 420.94% jump from the previous week. During the same period, wash trading totaled $3.88 million on the network.

Bitcoin ranked second among NFT blockchains, generating $9.33 million in sales, although this reflected a 12.69% decline compared to last week. Despite lower sales volume, buyer activity rose 202.69%, reaching 5,185 buyers, suggesting growing interest even amid softer volumes.

BNB Chain secured third place with $7.73 million in NFT sales, posting a 10.24% increase. The network attracted 14,728 buyers, up an impressive 422.27% week over week, highlighting strong user engagement.

Immutable followed in fourth position, recording $4.14 million in sales, a 5.15% weekly gain. Panini completed the top five with $2.26 million in sales, though volumes slipped 9.05% from the prior week.

Elsewhere, the Base blockchain matched Panini’s sales at $2.26 million, delivering a notable 35.45% increase, while Solana posted $1.89 million in sales but experienced a sharp 46.78% weekly decline, underperforming most major networks.

BITCOIN AND ETHEREUM MARKET OVERVIEW AND TECHNICAL ANALYSIS

YES BOND Leads NFT Collection Rankings on BNB Chain

YES BOND emerged as the top-performing NFT collection of the week, generating $3.26 million in sales on BNB Chain. The collection posted a 19.35% weekly increase, supported by 1,622 transactions from 1,299 buyers, highlighting strong and consistent demand.

CryptoPunks secured second place with $2.73 million in sales, despite a 23.81% decline over the week. The Ethereum-based blue-chip collection recorded 28 transactions involving 20 buyers, reflecting lower activity but continued high-value interest.

Ape. bond Bonds ranked third, delivering one of the strongest performances with $2.48 million in sales, up 43.47% week over week. Panini America followed with $2.26 million in sales, though volumes dipped 9.05%, while Guild of Guardians Heroes posted $2.16 million, marking a modest 0.74% increase.

Ethereum Collections See Mixed Performance

Good Vibes Club stood out on Ethereum, recording $2.09 million in sales and a sharp 349.52% weekly surge, signaling renewed interest. Pudgy Penguins rounded out the top seven with $2.00 million in sales, though the collection experienced a 9.62% decline compared to the previous week.

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High-Value NFT Sales Dominated by Bitcoin Collections

High-end NFT sales this week were led by $X@AI BRC-20 NFTs on Bitcoin. The largest transaction reached $1.10 million (12.0247 BTC), followed by another $X@AI NFT sold for $898,131 (9.8453 BTC). Both sales were completed three days ago.

CryptoPunks also featured prominently among the top individual sales, claiming three of the top five spots:

  • CryptoPunks #5705 sold for $163,672 (53 ETH) six days ago
  • CryptoPunks #3043 fetched $123,926 (40 ETH)
  • CryptoPunks #4773 sold for $111,223 (35.9 ETH) three days ago

Overall, the data highlights strong activity across both Bitcoin- and Ethereum-based NFTs, with select collections driving high-value transactions despite uneven market conditions.

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