In the past seven days, the NFT market experienced a significant increase in transaction volume, which reflects enthusiasm in the landscape. According to data reported by Phoenix Group today, the wider market registered a total NFT sales volume of $ 171.9 million, an increase of 35.12% compared to the previous week. NFT buyers have risen by 128% to currently 255,301. These positive figures suggest that market recovery is stimulated by increasing interest from new traders.
#NFT Market overview
Top collection #doodles – 24 hours Volume $ 6.02m … pic.twitter.com/46Y8WPB9PY
– Phoenix – Crypto News & Analytics (@pnxgrp) February 18, 2025
Top collections
According to the data, collections such as Doodles, Darket, Pudgy Penguins, Azuki and Milady Maker recorded incredible profit.
Doodles emerged as the top collection after it had included a sales volume of $ 16.01 million last week. Darket followed with $ 9.93 million in sales registered in the same period.
While Pudgy Penguins took third place with a turnover of $ 9.621 million, Azuki assured fourth position with $ 8.52 million in sales volume. Finally, Milady Maker received the spotlight with $ 8.37 million in sales registered for the same duration.
Top Collectible Sales
In addition, the data from Phoenix Group arranged some of the best -selling NFTs in the past seven days. In an interesting development, all the top five of NFT collections came from cryptopunks.
The excellent turnover of the week was Cryptopunks #7685, which was sold for $ 166,289.53. Cryptopunks #3963 came in second with $ 139,515.59 in sale. It was followed by Cryptopunks $ 5774 with $ 122,773.72 sales. Cryptopunks #3736 achieved fourth place with $ 102,408.86 in sales. Finally, cryptopunks #7361 registered $ 98,094.49 sales. These transactions emphasize users’ constant demand for cryptopunks.
Top market sites
Finally, data from Phoenix Group identified the best NFT marketplaces with the highest sales record in the past week.
OpenSea was the most traded marketplace in the last seven days. The platform raised a trade sales volume of $ 144.86 million.
Blur was the second most traded marketplace with $ 31.79 million registered on the platform during the period. Element Market took the third position with a trade volume of $ 4.58 million.
The following was Magic Eden, which registered a trade sales volume of $ 4.53 million. Finally, the unchanging X Marketplace secured the fifth position with a trade volume of $ 3.02 million.