NFT Market Rebounds to $125M as Ethereum Overtakes Polygon in Sales
The NFT market has shown signs of recovery, with weekly sales climbing 8.17% to $125.1 million, reversing last week’s downturn. This resurgence also saw Ethereum reclaim its top spot from Polygon in NFT sales dominance.
Crypto Market Overview
Bitcoin (BTC) has rallied to the $107,000 mark, while Ethereum (ETH) held steady with a modest 0.37% gain over the past week. Despite slight fluctuations, the global crypto market cap stands at $3.29 trillion, up from $3.28 trillion a week ago.
Buyers: 1,061,348 (unchanged, sustaining 50.56% YoY growth)
Sellers: Increased by 8.09% to 38,494
Transactions: Rose 1.82% to 1,717,339
The steady uptick in activity suggests growing confidence in the NFT sector as Ethereum regains momentum.