NFT Sales Plunge, but DX Terminal Defies the Drop
Data from CryptoSlam showed that NFT sales volume fell to $169.7 million, down from $256.9 million the previous week. This marks one of the steepest drops seen in months.
Still, a few collections stood out. DX Terminal, built on the Base blockchain, led the week with $13.03 million in sales, up 50.20% from last week. It also saw over 570,000 transactions, with nearly 170,000 buyers and sellers, showing strong demand for Base-based NFTs.
CryptoPunks fell to second place with $11.06 million in sales, down 36.92%. The digital art collection recorded 48 transactions among 26 buyers and 30 sellers. DMarket, built on Mythos Chain, stayed third with $7.72 million in sales, saw a small 3.33% dip, while handling over 225,000 transactions.
Avalanche and Ethereum Collections Show Mixed Results
Pharaoh V3 Non Fungible was one of the week’s biggest surprises. The Avalanche-based collection jumped to fourth place with $7.34 million in sales, a huge 41,365.84% rise. It recorded 554 transactions from 101 buyers and 38 sellers, making it a rare bright spot for Avalanche NFTs.
In contrast, Moonbirds fell sharply to fifth place, with sales dropping 60.89% to $7.01 million. The project handled 512 transactions with 205 buyers and 243 sellers, showing weaker market sentiment.
Pudgy Penguins saw a boost after recently launching its new mobile game, Pudgy Party. The Ethereum-based NFT reached sixth place with $6.63 million in sales. This is a 16.98% rise from last week’s $5.67 million. Bored Ape Yacht Club (BAYC) followed in seventh place with $5.30 million in sales, a big 90.38% rise. The collection saw 174 transactions, showing renewed interest from high-end NFT traders.
Ethereum Still Dominates, but Base and Bitcoin Gain Ground
Despite the market downturn, Ethereum remains the leading blockchain for NFT sales, with $86.46 million, although this is now down by 9.34% from last week. The network recorded $12.46 million in wash trading, bringing the total volume to $98.92 million.
Base held strong in second place with $15.56 million in sales, marking a 39.75% gain. Bitcoin NFTs climbed to third with $14.04 million, up 20.92% from the previous week. This highlights the growing interest in Ordinals and Bitcoin-native assets.
In addition, Mythos Chain recorded $12.86 million in sales, down 2.13%, while Avalanche jumped 373.13% to $10.63 million. Solana-based NFTs raked in $7.58 million, showing a small weekly gain of 0.81%.
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