NFT sales volume registered a small decline, falling 0.47% to $65.58 million, compared to $67.76 million last week.
Data released by CryptoSlam shows that market participation also saw a strong recovery, with NFT buyers up 26% to 292,030 and sellers up 24% to around 205,205. NFT transactions were virtually unchanged, down about 0.95% to 869,747.
NFT sales are experiencing a slight dip
In terms of collections based on sales volumes, DMarket on the Mythos blockchain reclaimed the top spot, with revenues of $5.32 million, up 72% from last week’s $3.09 million. In addition, the collection processed 142,989 transactions with approximately 10,681 buyers and 9,007 purchasers.
Courtyard on Polygon climbed to second position with $4.99 million, a jump of 66.58% from last week’s $2.97 million. The collection registered more than 67,000 transactions with 10,039 buyers and 2,192 sellers.
BRC-20 NFTs on Bitcoin took the third position with $3.45 million, a massive 335.14% increase from the previous week. The collection recorded more than 2,000 transactions, involving 822 buyers and 602 sellers. The development highlighted the momentum currently present in the Bitcoin NFT market.
Meanwhile, CryptoPunks jumped to fourth place, recording $2.51 million, up 68.62% from last week’s $1.77 million. The Ethereum collection recorded 30 transactions.
Milady Maker was one of the few to experience a huge drop, dropping to fifth place after shaving off 42% from last week’s $3.68 million and recording sales volume of $2.26 million. The collection recorded just 130 transactions with just two buyers and one seller.
YES BOND on BNB took sixth place, with growth of 0.25% and volume of $2.15 million. This figure is up from last week’s $2.12 million. The collection recorded approximately 1,643 transactions last week.
Bitcoin rises while Ethereum and Solana see red
In terms of network, Ethereum retained its first position with $20.88 million in revenue. The figure was 23.92% lower than last week’s $28.06 million. The network recorded $3.55 million in laundry trades, bringing the total to approximately $24.43 million. The number of buyers also increased by 37.19% to 19,798.
Bitcoin climbed to second place with $12.12 million, up 70.52% from last week’s $7.38 million. The blockchain saw $45,552 in wash trading, with buyers rising 44.08%.
BNB Chain fell to third place with $7.77 million, down 18.84% to $9.62 million. The network saw approximately $20,584 in laundry trades, with buyers increasing 41.76%.
Polygon came in fourth with $6.06 million, up 44.33% from last week’s volume of $4.12 million. The blockchain recorded $10.59 million in wash trading, bringing the total to $16.65 million. It also recorded an increase in the number of buyers, up 31.63% to 56,606.
Mythos Chain rose to fifth place with $5.46 million, up 71% from last week’s $3.22 million. The blockchain saw a 22.32% increase in the number of buyers to 27,248.
Immutable and Solana took sixth and seventh place respectively. Immutable ranked sixth at $3.20 million, down 0.88% from last week’s $3.19 million. The number of buyers increased by 38.96% to 5,079. Meanwhile, Solana recorded volume of $2.93 million, down 23% from last week’s $3.96 million. The network saw its buyers increase by 29.43%.