NFT Market Trends: Sales Dip, Buyers Surge
Recent data from CryptoSlam reveals a mixed bag for the NFT market. Sales volume has dropped by 7.87%, settling at around $99.9 million over the past week. Though, there’s a silver lining: the number of NFT buyers has surged by 24.38%, reaching 560,845. Sellers are also on the rise,up 15.66% to 327,295. Despite this, overall transactions have decreased by 9.12%, totaling about 1.44 million.
Ethereum (ETH) still leads the pack, despite a 21.3% drop in sales to $25 million. Polygon (POL) holds second place with $16.9 million in sales, down 6.16%. Bitcoin (BTC) follows closely with $16 million, a 12% decrease.
mythos Chain ranks fourth,showing a slight 1% increase to $13.8 million. Solana (SOL) has seen a 16% boost in sales, reaching $9.9 million. In the collections arena, Courtyard on Polygon leads with $15 million in sales, though it’s down 4.26%.DMarket is second, up 1.95% to $8.6 million. though,Guild of Guardians Heroes and CryptoPunks have taken a hit,with sales down 48% and 43.6% respectively.
These trends highlight the volatility of the NFT market. While sales volume has fallen by 7.87% to about $99.9 million. Yet, the number of buyers has jumped by 24.38% to 560,845.
Key takeaways include:
- NFT sales volume down 7.87%
- Buyers up 24.38%
- Sellers up 15.66%
- Transactions down 9.12%
Despite these fluctuations, Ethereum remains the top blockchain for NFTs. For more insights, check out CryptoSlam.
