NFT sales drop 44.7% to $63.3M as Ethereum remains top blockchain

Weekly NFT activity contracted sharply, with total sales volume falling 44.70% to $63.33 million compared with the prior seven‑day period. The decline occurred alongside a rise in unique buyer and seller addresses, suggesting broader participation but fewer transactions.

Market‑wide metrics

• Sales volume: $63.33 million (down 44.70%)
• Transactions: 802,330 (down 14.13%)
• Buyer addresses: 227,316 (up 30.48%)
• Seller addresses: 247,373 (up 54.64%)

Leading blockchains

• Ethereum – $35.56 million in organic sales (down 49.01%); total volume including wash‑trading $37.22 million; buyer count 33,105 (up 34.34%).
• Bitcoin – $8.68 million in organic sales (down 59.53%); total volume $8.77 million with $85,595 wash‑trading; buyer addresses 10,161 (up 41.11%).
• Polygon – $7.03 million in organic sales (down 34.29%); wash‑trading $18.19 million; buyer addresses 85,607 (down 18.53%).
• Base – $3.57 million in organic sales (down 13.26%); total volume $8.37 million with $4.80 million wash‑trading; buyer addresses 3,070 (up 41.61%).
• BNB Chain – $2.81 million in organic sales (down 20.47%); buyer addresses 16,915 (up 90.16%).
• Solana – $1.91 million in organic sales (up 11.17%); buyer addresses 38,593 (up 42.97%).

Top collections

• Courtyard (Polygon) – $6.09 million in sales (down 37.55%); 98,531 transactions (down 55.66%).
• Argonauts (Ethereum) – $5.70 million in sales.
• $X@AGI BRC‑20 (Bitcoin) – $2.58 million in sales (up 74.89%); dominated by a single $2.14 million transaction.
• CryptoPunks – $2.07 million in sales (up 7.64%).
• Pudgy Penguins – $1.04 million in sales (up 27.19%).

High‑value Bitcoin NFT sales

• A $X@AGI BRC‑20 NFT sold for $2.14 million (27.1798 BTC), accounting for 83% of its collection’s weekly volume.
• Flying Tulip PUT #8494 sold for $484,791 (200 wrapped ETH), representing a tokenized financial position.
• Additional $X@AGI BRC‑20 NFTs sold for $442,220, $434,085 and $386,846, together comprising four of the five largest weekly transactions.

Context

The NFT downturn coincided with a broader crypto market pullback; Bitcoin traded near $77,600 and Ether around $2,440, while total crypto market capitalization was about $2.71 trillion, down more than 2% in 24 hours. The data do not establish a direct causal link between the two trends.