NFT sales doubled over the past week, defying a softening crypto market and pushing weekly volume to 122.5 million dollars. According to the latest data, total NFT sales soared by 101.61% compared with the previous week, even as Bitcoin slipped back to the 89,000‑dollar range and Ethereum fell below 3,000 dollars. The broader digital asset market lost ground, with total crypto capitalization easing from 3.22 trillion to 3.02 trillion dollars, yet NFTs moved sharply in the opposite direction.
User activity rose across the board. The number of NFT buyers climbed 38.75% to 187,288, while the count of sellers increased even faster, jumping 47.19% to 164,685. On‑chain activity mirrored this growth: the number of NFT transactions reached 702,526 over seven days, an increase of 7.99%. More participants, more trades, and bigger checks together explain why weekly volume more than doubled in such a short span.
Ethereum once again proved its dominance as the leading NFT blockchain. Over the last week, ETH‑based collections recorded 77.57 million dollars in sales, a powerful 179.42% surge compared with the previous period. The Ethereum ecosystem attracted 23,994 buyers, up 38.03% week‑over‑week, underscoring that demand is not limited to a few high‑end collectors. At the same time, wash trading on Ethereum was measured at 4.63 million dollars, a reminder that a non‑trivial slice of activity still comes from artificial volume.
Bitcoin took a firm second place in the blockchain rankings. BTC‑based NFTs generated 21.66 million dollars in volume over the week, marking a 126.61% jump. Despite Bitcoin’s spot price pressure, interest in its NFT segment grew, drawing 8,333 buyers. That is a 60.71% increase from the previous week and reinforces the idea that Ordinals and related token standards continue to attract new participants even when the underlying asset is under short‑term selling pressure.
BNB Chain secured the third spot by sales volume with 7.52 million dollars in NFT transactions. Unlike Ethereum and Bitcoin, however, BNB Chain’s weekly volume fell by 3.20%. Interestingly, buyer activity on BNB told a very different story: the number of purchasers leapt 68.29% to 24,784. This divergence suggests that while more users are engaging with NFTs on BNB Chain, average transaction values or high‑ticket deals declined over the period.
Immutable (IMX), a platform positioned as a gaming and NFT‑focused chain, slipped into fourth place with 3.70 million dollars in weekly sales. That represented a 10.98% drop in volume. In contrast, Base — the layer‑2 network developed on top of Ethereum — climbed rapidly, taking fifth place with 3.55 million dollars in NFT sales, up 88.69% in just seven days. Solana rounded out the top six with 3.32 million dollars in volume, posting an 8.85% weekly gain while attracting 30,235 buyers, a striking 84.73% increase from the previous period.
On the collection level, Ethereum’s Flying Tulip PUT emerged as the clear leader by sales volume. The project generated 51.57 million dollars in weekly sales, effectively flat week‑over‑week but still far ahead of its closest rivals. Across seven days, Flying Tulip PUT recorded 2,103 individual transactions involving 1,516 distinct buyers, reflecting both a wide collector base and sustained liquidity within the collection.
Bitcoin’s $X@AI BRC‑20 NFTs delivered one of the most dramatic weekly moves. The collection ranked second overall with 15.71 million dollars in sales, a staggering 687.41% jump compared to the previous week. Yet this massive volume was concentrated in an extremely small number of trades: the collection saw only nine transactions from seven buyers. The data highlights how a handful of ultra‑high‑value deals can reshape weekly leaderboards and skew average price metrics.
On BNB Chain, the YES BOND collection secured third place among all NFT projects with 4.18 million dollars in weekly sales, climbing 28.15%. Ethereum’s iconic CryptoPunks followed closely behind with 4.01 million dollars in volume. That figure represents a 46.74% rebound after the collection endured a 23.81% drop the previous week. While the latest move is not yet a full‑scale revival, it does signal renewed interest in one of the space’s most established blue‑chip collections.
Other notable performers included Guild of Guardians Heroes, which booked 2.31 million dollars in sales, up 7.41% on the week. Moonbirds posted a significant recovery as well, with volumes rising 69.75% to 1.91 million dollars. Pudgy Penguins, another well‑known brand in the NFT world, closed the period with 1.82 million dollars in sales, though that number was down 4.72%, indicating a mild cooling after prior strength.
The week also saw one of the most eye‑catching individual NFT deals to date. A single $X@AI BRC‑20 NFT on Bitcoin changed hands for 13.73 million dollars, equivalent to 153.5837 BTC at the time of sale. This transaction, completed just one day ago, not only topped the weekly chart but also underscored how Bitcoin’s NFT ecosystem is increasingly capable of commanding eight‑figure prices.
Two more $X@AI NFTs followed in quick succession, further consolidating the collection’s status among high‑end buyers. One piece sold for 1.01 million dollars (11.2771 BTC) two days ago, while another realized 895,348 dollars (10.0001 BTC) three days ago. Together, these sales illustrate a rapid concentration of capital in a small number of prestige assets within the Bitcoin NFT segment.
CryptoPunks also maintained their reputation as a store of status in the NFT market by securing two of the top five individual sales of the week. The renewed bidding interest hints that long‑term collectors may be using recent price weakness as an entry point or an opportunity to upgrade their holdings to rarer traits. For a collection often viewed as a benchmark for NFT health, even a “modest” 25–50% recovery in sales or pricing can have broader psychological effects on the market.
The broader backdrop makes the surge in NFT activity even more striking. With Bitcoin sliding toward the 89,000‑dollar level and Ethereum trading below 3,000 dollars, risk appetite might have been expected to ebb. Instead, capital rotated into digital collectibles and blockchain‑based assets that promise cultural or utility‑driven value beyond short‑term token prices. This divergence suggests that a segment of investors is taking a longer‑term view on NFTs as a distinct asset class rather than treating them as a simple leverage play on major cryptocurrencies.
From a market structure perspective, the simultaneous rise in buyers, sellers, and transaction counts indicates healthier liquidity. More wallets on both sides of the trade reduces the dominance of a handful of whales and can help stabilize prices over time. However, metrics such as the 4.63 million dollars in wash trading on Ethereum are a reminder that headline figures still need to be interpreted carefully; not all volume reflects organic demand.
The mixed performance across chains also points to a more nuanced phase of the NFT cycle. Ethereum continues to dominate high‑value art and blue‑chip collections. Bitcoin is carving out a niche in ultra‑premium, low‑liquidity NFT sales. BNB Chain and Base are increasingly becoming homes for more experimental, possibly lower‑ticket projects, while gaming‑focused ecosystems such as Immutable are working to convert player bases into on‑chain asset holders. Solana’s surge in unique buyers shows that low fees and fast finality remain compelling for retail‑oriented NFT activity.
For creators, this environment offers a clearer map of where different types of projects might find their audience. High‑end, brand‑driven collections still gravitate toward Ethereum and, increasingly, Bitcoin. Game assets and scalable collectibles find traction on chains optimized for throughput and low transaction costs. The sharp rise in Moonbirds and the steady resilience of projects like Pudgy Penguins and Guild of Guardians Heroes demonstrate that active communities and sustained development continue to matter more than short‑term speculation alone.
For investors, the current data set reinforces the importance of looking beyond floor prices. Concentrated sales, such as those seen in the $X@AI collection, can move averages dramatically without necessarily signaling broad‑based demand. On the other hand, the jump in the number of unique buyers across multiple chains suggests that user adoption is widening, even if capital is not evenly distributed.
Ultimately, the past week underscores a key theme: the NFT market is beginning to decouple, at least partially, from the day‑to‑day volatility of the broader crypto complex. While macro conditions and token prices still matter, the behavior of collectors, gamers, and brand‑driven communities is increasingly driven by their own narratives and utility expectations. If that trend continues, NFTs could evolve from being a high‑beta sidecar to the crypto market into a more independent, structurally diverse sector with its own cycles and catalysts.
