NFT transaction volume fell by 8.53% to $129.6 million this week, according to CryptoSlam data. Despite the decline in volume, the number of NFT buyers rose by 18.06% to 541,831, and sellers increased by 17.05% to 385,179. The total number of NFT transactions also grew by 11.96% to 1,814,788.
Ethereum network transactions accounted for $54.5 million, marking an 8.24% decrease. In contrast, Polygon network transactions rose by 16.12% to $18.9 million. BNB Chain saw a significant drop of 34.77% to $13.4 million, while Mythos Chain increased by 4.71% to $10.2 million. Bitcoin network transactions fell by 30.28% to $7.7 million. Notable sales included CryptoPunks #4619 for 96 ETH ($446,764) and CryptoPunks #2400 for 73.5 ETH ($324,076).
NFT Market Sees 8.53% Drop in Weekly Transaction Volume
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