NFT Market Sales Dip 35% as Ethereum Reclaims Top Spot

Ethereum has returned to the top position among blockchain networks, generating $13.17 million in sales. While the network’s total volume retreated 17.53%, it managed to account for roughly 31.3% of the global market. Polygon followed with $9.40 million in sales, marking a 12.43% increase, while Bitcoin slipped to third place after a 79.89% decline brought its weekly total to $6.27 million.

Market data from CryptoSlam reveals that the average transaction value plummeted by roughly 50.5% compared to the previous period, settling at approximately $45.05. This shift occurred alongside a 30.54% rise in total transactions. Courtyard emerged as the leading collection with $8.58 million in sales, representing about 20.4% of the global volume. Meanwhile, a single $8888 BRC-20 transaction on the Bitcoin network reached $2.82 million, accounting for nearly half of the network's weekly output and highlighting the volatility inherent in current NFT trading patterns.