The NFT market experienced a strong recovery with a sales volume increase of 8.17% to $125.1 million; this development indicates that investor confidence is rising again.
As Bitcoin (BTC) price exceeds $107,000, Ethereum (ETH) continues its stable course. This contributes to the increase in global cryptocurrency market value to $3.29 trillion.
According to CryptoSlam data, the number of NFT buyers continues to stay high, exceeding 1 million; positive growth is also observed in sellers and transaction volume.
As NFT sales volume rose to $125.1 million, Bitcoin climbed to the $107,000 level, and Ethereum maintains its stability. With increasing NFT activities, the global cryptocurrency market value reached $3.29 trillion.
Revival in the NFT Market and Blockchain Sales Trends
The NFT sales reaching $125.1 million indicates a significant recovery following the previous decline period and reflects increasing participation in the market. Immutable (IMX) reaffirmed its leadership with a weekly increase of 15.34%, achieving a sales volume of $33.3 million. Ethereum recorded a sales growth of 31.77% with $25.6 million in sales, while the 14.24% decline in wash trading indicates increased market transparency.
Changes and Market Dynamics Based on Blockchain
Polygon (POL), previously in a leading position, saw its sales decline by 29.42% to $16.5 million; the dramatic drop of 97.45% in wash trading suggests a loss of investor interest. In contrast, BNB rose to fifth place, increasing its sales by 16.72%. Bitcoin's NFT sales increased by 2.04%, reaching $8.1 million. The growth in the number of buyers continues strongly, especially for Polygon (35.63%), Bitcoin (23.22%), and Mythos Chain (19.32%), highlighting the importance of different blockchains in the NFT ecosystem.
Featured NFT Collections and Sales Performance
Guild of Guardians Heroes maintains its leadership among collections with $19.3 million in sales and benefits from Immutable’s rise. The Courtyard on Polygon dropped to second place due to a decrease in the number of buyers and sellers. Collections like DMarket and Guild of Guardians Avatars maintain their strong positions, while Avalanche’s XSY Deposit re-entered the top five; this success occurred due to focused buyer and seller activities.
Valuable NFT Sales and Market Power
The market's interest in high-end NFTs is also reflected in CryptoPunks sales. Notably, CryptoPunks #1831 and #9778 were sold for 150 ETH each, reaching values of approximately $389,846 and $377,958. These high-value transactions indicate that strong demand for iconic digital assets continues despite market fluctuations.
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