Ethereum Dominates as NFT Sales Fall by 15% to $37.5M

NFT sales fell by 15% to $37.5 million over the past seven days, despite an increase in buyer and seller addresses.

According to data from CryptoSlam, the number of buyer addresses rose by 174.04% to 114,977, while seller addresses increased by 151.72% to 108,037.

The number of NFT transactions, however, declined by 9.08% to 808,432, indicating that activity was spread across a larger pool of wallets.

Ethereum led the way in NFT sales with $15.3 million, followed closely by Polygon with $7.09 million and Bitcoin with $4.33 million.