Key Points
The NFT market experienced a 4.2% decline in sales volume in the past week, following a 7.68% increase reported in the previous week.
Data from Cryptoslam shows that the NFT sales volume for the last seven days was $73.75 million.
This is a 4.2% decrease from the $109 million sales volume recorded in the prior week.
NFT Buyers and Sellers
Despite the decrease in sales volume, the number of NFT buyers has significantly increased.
Cryptoslam’s data indicates a 132% increase in NFT buyers, with the number standing at 521,640.
On the other hand, the number of NFT sellers was 270,413.
Interestingly, the number of NFT transactions decreased by over 26% in the last seven days, totaling 1,217,967.
According to the data, Ethereum (ETH) maintained the first position with $23.9 million in NFT sales, despite a 9.6% drop in sales from the previous week.
Bitcoin (BTC), Binance Coin (BNB), and Polygon (POL) followed with $13 million, $3.3 million, and $7.5 million in sales, respectively.
The Guild of Guardians on the Immutable-Zk chain ranked first for the highest sales volume, recording $2.86 million in sales volume across 5,786 transactions.
The DogeZuki Collection on Solana came in second with $2.4 million in sales from 61,447 transactions.
Sorare on the Ethereum blockchain was third with $2.368 million in sales from 108,690 transactions.
Despite the volatile crypto market conditions, several notable NFT collectible sales occurred.
CryptoPunks #1219 sold for $308,316.94 (130 ETH), Autoglyphs #337 sold for $223,153.25 (87.6692 WETH), and Known Origin #22001 sold for $140,695.52 (55 WETH).