CandleFocus

Overall NFT Sales Decline Amid Major Swings in Top Collections

The NFT market experienced a decline in sales, with a decrease of 7.91% from the previous week. Both the number of buyers and sellers also saw significant drops. Ethereum was the top blockchain in terms of sales volume, despite a 9.73% decline in NFT sales based on the platform. Cryptopunks was the top-selling collection, followed by Bitcoin BRC20 NFTs and Immutable X’s Guild of Guardians (GoG). Several high-value NFT transactions took place, including the sale of Cryptopunk #9368 for $1.27 million. Overall, premium collections are maintaining strong sales in a slowing market.

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