nft market momentum was evident this week alongside broader crypto gains as bitcoin surpassed $103,000.
<img decoding="async" width="1024" height="747" src="https://crypto.news/app/uploads/2025/01/chart73-1024×747.png” alt=”nft Sales Enjoy Modest Rise to $164.3M, Azuki Dethrones Pudgy Penguins with 268% Rise – 1″/>
Data from CoinMarketCap shows that the overall crypto market capitalization has risen to $3.6 trillion from $3.3 trillion last week.
Meanwhile, bitcoin (btc) nfts fell 10.9% to $27.5 million, although buyer participation soared 174.98% to 23,827.
According CryptoSlam Datanft sales volume reached $164.3 million, up 5.8% from last week. The market saw a strong return of traders, with the number of buyers and sellers more than doubling.
Weekly metrics show renewed market activity:
- nft sales volume increased to $164.3 million from $155.4 million
- nft Buyers Increased 115.49% to 270,108
- nft Sellers Increased 107.81% to 218,676
- Transactions fell 4.58% to 1,466,206
Blockchain networks see growth
ethereum (eth) nft sales increased 40% to $85.6 million, and the number of buyers increased 52.54% to 37,913. Wash trade increased 49% to $39.2 million.
At last check on Saturday, ethereum was down 3.2% and was priced around $3,316. See below.
<img loading="lazy" decoding="async" width="1024" height="747" src="https://crypto.news/app/uploads/2025/01/chart74-1024×747.png” alt=”nft Sales Enjoy Modest Rise to $164.3M, Azuki Dethrones Pudgy Penguins with 268% Rise – 2″/>
Solana (SOL) fell to third place with $14.6 million, a drop of 30.8%. Mythos Chain took fourth place with $12.7 million, an increase of 2.1%.
Base remained in fifth place with $8.3 million, increasing 13.82%.
<img loading="lazy" decoding="async" width="1024" height="470" src="https://crypto.news/app/uploads/2025/01/Screenshot-2025-01-18-at-4.30.27 PM-1024×470.png” alt=”nft Sales Enjoy Modest Rise to $164.3M, Azuki Dethrones Pudgy Penguins with 268% Increase – 3″/>
Azuki dethrones the chubby penguins
Azuki claimed the top spot with $15.4 million in sales, an increase of 268.21%. In the series, the number of buyers increased by 253.45% and transactions increased by 272.83%.
Pudgy Penguins moved into second place with $8.0 million, falling 8.04%. CryptoPunks took third place with $7.8 million, an increase of 126.31%.
BRC-20 nfts fell to fourth place with $7.6 million, down 7.79%. DMarket rounded out the top five with $7.5 million, an increase of 4.64%, maintaining high volume with 271,785 transactions.
Main sales of the week:
- CryptoPunks #4940: $502,941 (150 eth)
- CryptoPunks #7338: $319,016 (100 eth)
- CryptoPunks #1782: $250,594 (75 eth)
- CryptoPunks #8619: $178,123 (54 eth)
- CryptoPunks #7376: $177,515 (55 eth)
Read last week's nft market activity here.
