According to PANews on May 25, as reported by Crypto.news, CryptoSlam data shows that the NFT market experienced a slight decline over the past week, with trading volume decreasing by 0.05% to $129.8 million. Market participation has increased, with the number of NFT buyers growing by 61.18% to 443,548; the number of NFT sellers has increased by 31.87% to 199,129. The number of NFT transactions has also grown by 15.39% to 1,697,343.
The Ethereum network leads with a trading volume of $29.6 million, but it has decreased by 26.22% compared to the previous week; the Avalanche network jumps to second place with a trading volume of $22.3 million, an increase of 202.92%. The Polygon network ranks third with a trading volume of $21.3 million, achieving a growth of 45.98%. The Bitcoin network has dropped to fourth place with a trading volume of $18.2 million, down 21.85% from last week.
This week's high-value transactions include:
CryptoPunks #3609 sold for 440 ETH ($1,089,338)
CryptoPunks #2537 sold for 80 ETH ($197,242)
CryptoPunks #2542 sold for 59 ETH ($155,440)
CryptoPunks #6479 sold for 58.4 ETH ($149,478)
CryptoPunks #7161 sold for 53.69 ETH ($142,816)
