Amid a broader upward trajectory in cryptocurrency appreciation, the non-fungible token (NFT) market recorded a measured 2.78% increase in total sales during the week of January 10 to 17, 2025. During this period , total sales of digital collectibles amounted to approximately $156.13 million, driven by a 115.41% escalation in the number of buyers from the previous week.
NFT sales increase 2.78% to $156 million
The NFT market showed moderate expansion this week, with sales reflecting a 2.78% improvement. Notably, the number of sellers increased by 107.80%, indicating increased activity on both sides of the market. Ethereum reigned as the dominant blockchain, with revenues of $74.61 million, up 30.40% week-on-week, according to data compiled by cryptoslam.io.
In contrast, Bitcoin secured the third position in the blockchain rankings with $27.5 million in NFT sales, although this marked an 11.43% contraction compared to the previous week’s performance. Solana also showed a decline in sales activity, despite ranking third in blockchain sales over a seven-day period. Solana’s network recorded $14.24 million in NFT transactions, reflecting a decline of 33.13%.
To date, Ethereum has amassed a significant $44.84 billion in lifetime NFT sales, while Solana’s cumulative total is $6.15 billion. Bitcoin, for its part, recently surpassed the $5 billion benchmark, reaching a total of $5,031,456,727 in historical sales – a milestone made possible by this week’s $27.5 million in contributions. The top NFT collection this week was Azuki, a high-profile Ethereum-based portfolio of digital collectibles.
Azuki generated weekly revenue of $14.88 million, an extraordinary increase of 251.55% compared to the previous week. Since its inception, Azuki has achieved a total sales volume of $1,207,798,364. Meanwhile, Pudgy Penguins, another Ethereum-based series, posted revenue of $7.79 million in the same period – down 7.37% week-on-week.
To date, data shows that Pudgy Penguins has generated total sales of $560,693,995, cementing its position as the 13th best-selling NFT collection. Bitcoin NFTs, categorized as “$?? BRC-20 NFTs” from cryptoslam.io took third place in this week’s collection rankings, generating $7,595,337 in sales. Since we started tracking Bitcoin NFT sales, this category has recorded a cumulative volume of $219,725,933. The most expensive NFT sale of the week took place within the Cryptopunks collection, when Cryptopunk #4940 changed hands just two days ago for $502,942.
While Ethereum’s continued growth entrenches its superiority, Bitcoin’s milestone and Solana’s contraction highlight the changing dynamics. These trends point to an evolving ecosystem where buyer participation is increasing, underscoring both resilience and volatility as NFTs continue to take hold in digital economies.