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NFT sales surge 15.2% to $121m, CryptoPunks sales jump 500%

NFT sales surge 15.2% to $121m, CryptoPunks sales jump 500%
Despite the overall weakness in the crypto market, the NFT market has experienced a bounce back. NFT sales volume has increased to $121.5 million, representing a 15.27% growth from the previous week. However, market participation has decreased, indicating larger trades from fewer participants. Ethereum sales have seen a significant jump of 50.76%, reaching $37.6 million, although the number of buyers has dropped by 69.09%. Bitcoin sales declined by 17.21% to $21.0 million. Solana made its way to third place with $18.0 million, growing 51.24%, while Mythos Chain held fourth place with $15.2 million, a 2.84% increase. Courtyard remained the top collection with $11.7 million in sales, despite a 6.18% decrease, while CryptoPunks made a strong comeback, jumping to fourth place with $7.1 million in sales, a surge of 519.26%. Pudgy Penguins also showed signs of recovery, moving up to seventh place with $2.4 million in sales, a 54.82% increase.

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