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Cryptocurrency News Articles

NFT Sales Fell +30% Last Week

Feb 10, 2025 at 05:45 pm

Data compiled by cryptoslam.io, a crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market has slightly plunged in trading sales volume again this last week.

NFT Sales Fell +30% Last Week

The global non-fungible token market experienced a slight downturn last week, continuing a recent trend after a strong resurgence in Q4 2024.

NFT Sales Fell +30% Last Week

Data from cryptoslam.io shows that the global NFT market saw a decrease in trading sales volume last week, according to crypto market data aggregator and multi-chain NFT collection explorer cryptoslam.io. From Feb. 03 to Feb. 09, the global NFT market amassed a trading sales volume of over $119 million, down 33% from the previous week. In the last week of January, the NFT market clocked a trading sales volume of $141 million.

Ethereum, the blockchain network known in the NFT space for hosting the majority of blue-chip non-fungible token collections, was the most traded blockchain network in the NFT market last week. From Feb. 03 to Feb. 09, 2025, the Ethereum-based NFT collections recorded a trading sales volume of $62 million. During this time, the Ethereum NFT trading sales volume decreased by 36% from the previous week.

Mythos Chain, the blockchain network created to ensure secure and efficient transactions across the entire Mythos NFT gaming ecosystem, was last week’s second most-traded blockchain network in the NFT market. From Feb. 03 to Feb. 09, the Mythos Chain-based NFT collections recorded a trading sales volume of $13 million. During this time, the Mythos Chain NFT trading sales volume increased by 4.46% from the previous week.

Solana, an on-chain decentralized blockchain network known for hosting a variety of smart contracts for non-fungible token collections, was this past week’s third most-traded blockchain network in the global NFT market. From Feb. 03 to Feb. 09, the Solana-based NFT collections recorded a trading sales volume of $11 million. During this time, the Solana NFT trading sales volume decreased by 32% from the previous week.

Polygon, an Ethereum scaling blockchain network, was this past week’s fourth most-traded NFT blockchain in the global non-fungible token market. From Feb. 03 to Feb. 09, 2025, the Polygon-based NFT collections amassed a trading sales volume of $8.1 million. During this time, the Polygon NFT trading sales volume increased by 10.9% from the past week. Polygon has risen back in the five top NFT blockchains after several weeks of downturn.

Bitcoin, the blockchain network known in the NFT space for powering the popular Runes, BRC-20, and Ordinal collections, was this past week’s fifth most-traded blockchain network in the NFT market. From Feb. 03 to Feb. 09, the Bitcoin-based NFT collection raised a trading sales volume of $6.7 million. During this period, the Bitcoin NFT trading sales volume decreased by 71% from the previous week.

Five Top Selling NFTs In The Past 7 Days

1. Pudgy Penguins NFT Collection

Pudgy Penguins, another globally recognized non-fungible token collection from the digital asset firm Igloo Inc featuring a fixed supply of 8,888 cute penguin cartoon birds hosted on the Ethereum blockchain network, was this past week’s most-selling NFT collection in the NFT market. From Feb. 03 to Feb. 09, the Pudgy Penguins NFT collection amassed a trading sales volume of $9.1 million. During this period, the Pudgy Penguins NFT trading sales volume decreased by 37% from the past week.

2.DMarket NFT Collection

DMarket, a non-fungible token collection that represents in-game virtual items of popular online games like Counter-Strike, Rust, and Dota 2, was this past week’s second most-selling NFT collection in the NFT market. From Feb. 03 to Feb. 09, the DMarket NFT collection raised a trading sales volume of $8.7 million. During this time, the DMarket NFT trading sales volume increased by 7.98% from the previous week.

3. Courtyard NFT Collection

Courtyard, a non-fungible token collection from Courtyard.io, a first-of-its-kind marketplace that enables anyone to easily own and trade physical cards on the blockchain, featuring a limited set of 87,777 digital items stored on the Polygon blockchain network, was this past week’s third most-traded NFT collection in the NFT market. From Feb. 03 to Feb. 09, the Courtyard NFT series raised a trading sales volume of $7.3 million. During this time, the Courtyard NFT trading sales volume increased by 25% from the

Original source:insidebitcoins

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