According to PANews, recent data from CryptoSlam reveals a notable increase in NFT market activity over the past week, with transaction volumes rising by 29% to reach $159.6 million. The market has seen a resurgence in participation, with the number of NFT buyers increasing by 89.32% to 176,807, and sellers growing by 86.08% to 112,430. Additionally, the number of NFT transactions rose by 20.61%, totaling 1,627,841.
Sales on the Ethereum network reached $79.7 million, marking a 61.83% surge from the previous week. Bitcoin network transactions amounted to $24.8 million, reflecting a 60.58% increase. In contrast, Polygon network sales decreased by 9.44% to $16.8 million, and Mythos Chain network sales dropped by 20.71% to $11.1 million.
Courtyard on Polygon maintained its position at the top of the collectibles leaderboard with sales of $14.1 million, despite a 13.07% decline. Pudgy Penguins saw a significant sales increase of 247.32%, reaching $9.3 million. The collection also experienced more than a doubling in transaction numbers (115.31%), with substantial growth in both buyers (45%) and sellers (51.72%).
This week's high-value sales included Uncategorized Ordinals sold for 68.9989 BTC ($8,193,864), V1 CryptoPunks Wrapped #5822 sold for 200 ETH ($725,130), Autoglyphs #157 sold for 380,000 USDC ($380,000), Autoglyphs #480 sold for 75 WETH ($252,448), and Pudgy Penguins #4039 sold for 65 ETH ($201,661).
