Ethereum Dominates as NFT Sales Plummet by 15%

NFT sales dropped by 15.28% over the past week, totaling $37.54 million. Despite this decline, the number of buyer and seller addresses surged, with a 174.04% increase in buyers and a 151.72% rise in sellers.

Ethereum remained the leading blockchain for NFT sales, generating $15.32 million despite a 2.66% weekly decrease. Bitcoin NFT sales plummeted by 53.99%, totaling $4.33 million.

Courtyard was the top-performing collection on Polygon, with $6.3 million in sales and a 0.93% decline from the previous week. Alchemix V3 Transmuter tokens saw significant activity, with four transactions among the five largest individual NFT sales.