There was a big move in NFT sales, with Polygon’s courtyard leading the market, generating $13.7 million. The platform recorded over 121,000 transactions, with a noticeable increase in buyers and sellers, recording 48.78% and 32.96%, respectively. Myth chain DMARKET followed closely with sales of $11.9 million, showing an increase of 45.57%. It also led to transaction volumes exceeding 371,450 transactions.
Built on the basis of the immutable ZK, the Guild of Guardians increased significantly, reaching $5.86 million in sales, showing an increase of 108.99%. The project also showed a positive trend in buyer and seller activity, earning 42.88% and 38.25%, strengthening the expansion of adoption of the unchanging ZK ecosystem.
Market trends and collection declines
Despite the general upward trend, some well-known collections have experienced declines. Ethereum’s Cryptopunks reported a decline in sales, with $3.03 million recorded, reflecting a 9.10% decline. Furthermore, trading volume and buyer numbers have decreased, indicating changes in trader profits.
Bitcoin’s BRC-20 NFT witnessed a noticeable cut in sales, with a 46.02% drop in sales along with a decline in buyers and sellers. Similarly, Quantum Cats, another Bitcoin-based collection, saw sales drop by 58.07%, affecting trading volume and overall market activity.
Performance of emerging and established NFT projects
Ethereum’s Good Vibes Club recorded sales of $3.38 million, representing an increase of 75.64%. However, the volume of transactions has decreased, indicating a change in purchasing patterns. Another immutable ZK project, Guild of Guardians, secured $2.64 million, showing a surge of 107.56%.
Meanwhile, Solana and Panini America’s Paradise also won the top 10, with sales of $1.83 million and $1.62 million, respectively. However, Paradise faces a 39.08% decline, indicating a mixing trend within the NFT space.
The NFT market continues to evolve, with certain projects gaining traction and others seeing a decline in interest. The growing presence of the ever-changing ZK project highlights changing dynamics and affects how collectors and traders engage with digital assets.
