📉 NFT Market Dips 18% — Polygon Surpasses Ethereum in Weekly Sales

The NFT market has seen a significant decline of 18.43%, with total sales falling to $116.9 million this past week, marking a sharp reversal from the previous week’s momentum.

🔍 Market Overview

Despite the sales drop, activity remains mixed:

👥 Buyers held steady at 1.06 million

🧑‍💻 Sellers increased by 8.09% to 38,494

🔁 Transactions fell slightly to 1.7 million (▼ 0.63%)

📊 Top Blockchains by NFT Sales

1️⃣ Immutable (IMX) – $28.3M (▼ 32.23%)

2️⃣ Polygon (POL) – $23.3M (▲ 24.98%)

3️⃣ Ethereum (ETH) – $20.4M (▼ 32.06%)

4️⃣ Mythos Chain – $14.1M (↔️)

5️⃣ Solana (SOL) – $8.7M (▲ 42.74%)

🧼 Wash Trading Declines

IMX: ▼ 81.19% to just $3

ETH: ▼ 18.29% to $1.8M

🖼️ Top NFT Collections

🥇 Courtyard (Polygon) – $17.4M (▲ 0.56%)

🥈 Guild of Guardians Heroes – $16.5M (▼ 33.60%)

🥉 DMarket – $9M (▲ 0.99%)

4️⃣ GoG Avatars – $7M (▼ 31.19%)

5️⃣ Gods Unchained Cards – $4.7M (▼ 28.60%)

💸 Notable Sales

CryptoPunk #1831 – 150 ETH (~$389K)

CryptoPunk #9778 – 150 ETH (~$378K)

CryptoPunk #4868 – 76.5 ETH (~$202K)

CryptoPunk #5586 – 70 ETH (~$185K)

CryptoPunk #7516 – 60 ETH (~$158K)

📈 Trend Watch

Polygon led buyer growth at 35.63%, followed by Solana at 27.41% and Mythos at 19.32%. Meanwhile, “Uncategorized Ordinals” on Bitcoin dropped out of the top collections entirely.

➡️ Conclusion

While total NFT sales have declined, Layer-2s like Polygon are gaining ground, signaling an ongoing shift in blockchain preference within the NFT ecosystem.

Thankyou

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