The nft market cooldown continues as the overall crypto market capitalization has risen to $3.6 trillion from $3.42 trillion last week, according to data from CoinMarketCap.
CryptoSlam Data shows that nft sales have fallen 17.54% to $132.7 million this week. This is considerably less than last week's $152 million in sales. However, the market has seen increased participation from traders, pointing to sustained interest in lower price levels.
Market activity shows mixed signals:
- nft sales volume fell to $132.7 million from $152.7 million last week
- The number of nft buyers increased by 25.54% to 667,116
- nft Sellers Increased 23.96% to 382,754
- Total transactions fell 16.96% to 1,326,111
Major Blockchain Networks See Mixed Results
ethereum (eth) nft sales fell 25.72% to $56 million, although the number of buyers grew 14.35% to 72,241. Wash's trading on ethereum fell 42.38% to $13.5 million.
bitcoin (btc) nfts advanced against the trend, with sales increasing 8.38% to $30.3 million. The network attracted 67,423 buyers, an increase of 13.68% compared to the previous week.
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Mythos Chain rose to third place with $11.8 million in sales, growing 3.63%. Solana (SOL) fell to fourth position with sales falling 57.91% to $9.4 million, despite having the highest number of buyers at 234,220.
Immutable (IMX) rounded out the top five with $8.2 million in sales, up 2.67% with 18,350 buyers.
Collection classifications show major changes
Azuki has taken first place with $9.4 million in sales, growing 3.13% despite the lower number of buyers. DMarket follows with $6.7 million in sales, showing a growth of 7.72% and maintaining a high transaction volume with 240,918 operations.
BRC-20 nfts are in third place with $5.8 million despite a drop of 11.33%. The Guild of Guardians Heroes saw 13.74% growth to $5.7 million, while Pudgy Penguins fell to fifth place with $5.3 million, falling 57.64% with sharp drops in buyers and transactions .
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The biggest sales of the week were:
- CryptoPunks #5192: $192,556 (53.69 eth)
- CryptoPunks #7942: $154,075 (45 eth)
- CryptoPunks #9208: $153,677 (45.99 eth)
- CryptoPunks #5203: $153,580 (44.7 eth)
- CryptoPunks #7210: $147,498 (42.93 eth)
