The NFT market bounced back despite the ongoing crypto wane, with Bitcoin sliding to $86,000 and Ethereum falling to $2,100.
The global crypto market continues to decline, with its total market capitalization down to $2.83 trillion from $2.84 trillion last week.
According to Cryptoslam data, NFT sales rose to $121.5 million, an increase of 15.27% from the previous week. However, market participation has been contracted rapidly, suggesting larger transactions from fewer participants.
Weekly indicators reveal contrasting trends:
- NFT sales rose from $107.1 million to $121.5 million
- NFT buyers plummeted to 94.39% to 25,641
- NFT sellers fell 91.84% to 25,717
- NFT transactions increased by 5.21% to 1,615,020
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Ethereum sales jumps, but the number of buyers decreases
Ethereum (ETH) sales rose 50.76% to $37.6 million, while buyers fell 69.09% to 15,471. Wash trading rose 39.46% to $3.9 million.
Bitcoin (BTC) fell 17.21% to $21.0 million. Solana (Sol) rose to third place at $18.0 million, up 51.24%. Mythos Chain ranked fourth, up 2.84%, with a $15.2 million increase, while Polygon (Pol) fell 5th, down 13.5 million, with a 7.98% decrease.

Source: Blockchain based on NFT sales volume (Cryptoslam)
As for the top collection, Courtyard maintained its lead at $11.7 million despite a 6.18% drop. The polygon-based project continued its powerful activity with 141,076 transactions.
DMARKET rose to second place at $10.1 million, up 4.83% and maintained solids volumes with 351,203 transactions. Paradise, a Solana collection, came third with $9.8 million, with a 292.14% increase.
Cryptopunks made a massive comeback, jumping fourth at $7.1 million, surged by 519.26%. The BRC-20 NFTS was fifth at $7.1 million, up 173.4%.
The stocky penguin showed signs of recovery at $2.4 million, climbing 54.82% on all metrics.
This week was marked by several high value sales.
- Cryptopunks #4464: $2,196,232 (1011 ETH)
- Uncategorized Ordinance #7D0: $1,321,676 (14 BTC)
- Cryptopunks #8868: $646,201 (288.88 ETH)
- cryptopunks #364: $342,136 (160 ETH)
- Superrare #38335: $219,441 (100 ETH)
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