NFT Sales Plummet 23% as Ethereum Remains Dominant

NFT sales fell 23.48% to $40.88 million over the past seven days, according to data from CryptoSlam. Despite the decline in sales volume, buyer addresses rose 28.79% to 206,788, while transactions increased 8.44% to 863,295.

Ethereum led blockchain sales with $17.08 million, despite a 42.01% weekly decline. The network accounted for approximately 41.8% of the global total, with its buyer count increasing 57.75% to 30,041.

Courtyard retained its position as the top-selling collection, with $7.31 million in sales on Polygon. The collection's sales volume increased 15.11%, with 125,802 transactions and 19,288 buyer addresses.

Panini America recorded a significant increase of 557.53% in sales, reaching $1.87 million. Bitcoin ranked third among blockchains, with $3.83 million in sales, despite a 25.56% decline.