According to CryptoSlam, NFT sales volume fell 27.65% to $62.58 million from $88.29 million the previous week, signaling a sharp market slowdown. Market activity declined as the number of NFT buyers dropped 82.75% to 60,985 and sellers fell 77.69% to 56,228, while total transactions decreased 23.64% to 690,550.
Ethereum led NFT sales with $26.76 million, essentially unchanged from the prior week’s $27.57 million. Bitcoin slipped to second with $10.43 million, down 65.16% from $29.95 million last week. BNB Chain took third with $7.00 million, down 0.62% week over week.
Among collections, CryptoPunks on Ethereum topped sales with $3.59 million, up 33.58% week over week, processing 31 transactions from 21 buyers and 17 sellers. Yes Bond on BNB was second with $2.75 million, up 1.34% over the week, recording 2,277 transactions involving 1,836 buyers and a single seller. Panini America on the blockchain rose to third with $2.51 million, up 176.41%, as the collection included 19,194 transactions involving 934 buyers and 1,765 sellers.
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