NFT sales decline slightly.
- NFT sales remain stable despite the Ethereum drop.
- Bitcoin BRC-20 NFTs drive weekly volume.
- More buyers and sellers are returning to the NFT marketplace.
Global NFT sales registered a slight decrease, reaching around US$65,5 million last week, remaining relatively stable compared to the previous period. Despite the virtually unchanged volume, the market showed clear signs of increased participation, with significant growth in the number of active buyers and sellers.
The total number of NFT buyers increased by 26,31%, reaching 292.030 addresses, while the number of sellers rose by 24,44%, reaching 205.205. The number of transactions remained practically stable, with a slight decrease of 0,95%, totaling 869.747 operations, indicating a greater dispersion of transactions.
In the platform rankings, DMarket, built on the Mythos blockchain, regained its weekly leadership position, processing US$5,32 million in sales. The 72,49% growth compared to the previous week was accompanied by nearly 143 transactions, with over 10,6 buyers and 9 sellers, reinforcing the platform's role in the gaming-related NFT segment.
Related Stories
NFT Market Surpasses $6 Billion as CryptoPunks Surge
Snoop Dogg Makes $12 Million From NFTs on Telegram in 30 Minutes
Second place went to Polygon's marketplace, which reached US$4,99 million in volume, a 66,58% increase compared to the previous week. This performance was accompanied by strong activity, with over 67 transactions and a high number of buyers, despite a smaller seller base.
Bitcoin-based BRC-20 NFTs advanced to third place, with US$3,45 million in sales and a significant appreciation of 335,14%. There were 2.100 transactions, with significant participation from buyers and sellers, reinforcing the positive momentum of NFTs on the Bitcoin network.
Among the collections, CryptoPunks climbed to fourth place, totaling US$2,51 million in sales, a 68,62% increase in the week. In contrast, Milady Maker fell to fifth position, with US$2,26 million traded, reflecting a 42,01% drop in volume.
In the blockchain breakdown, Ethereum maintained its lead in NFT sales, but suffered a sharp drop of 23,92%, totaling US$20,88 million. Bitcoin took second place with US$12,12 million, after a weekly advance of 70,52%. Solana showed a significant decline, falling by 23,03%, while Polygon and Mythos Chain registered solid growth, supporting the diversification of the NFT market across different networks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP Pundit: First Thing You Should Do When You Become a Crypto Millionaire
VIPTradFi Focus: Where Does the RWA Market Stand Today?
1. Crypto outperformed traditional equity indexes following the rate hike, but elevated interest rates remain a key constraint on cross-asset allocation. From September 12 to 18, BTC, ETH, and SOL gained 4.83%, 3.84%, and 9.96%, respectively, while the S&P 500 edged down 0.08%. The U.S. Dollar Index rose 1.11%, and the 10-year U.S. Treasury yield closed at approximately 4.998%. Improving risk appetite is therefore coexisting with elevated discount rates, raising the bar for RWA allocation: investors need to compare not only returns on the underlying assets, but also on-chain liquidity and collateral efficiency. 2. Growth in tokenized equities is occurring even as the overall RWA market remains under pressure. As of September 18, Distributed Asset Value across RWAs stood at $38.503 billion, down 1.13% week over week, while tokenized equities reached $3.056 billion, up 6.03%. This week's data are better explained by capital reallocating across different RWA segments than by a broad-based expansion of the entire RWA market. 3. For exchanges, the opportunity lies in connecting spot holdings, collateral, and derivatives. Reality's distributed asset value stands at approximately $155 million, while eligible rTokens can already be used within Bitget's UTA margin framework. Across CoinGlass's verifiable sample of 177 TradFi instruments, open interest reached approximately $11.498 billion, up 2.06% week over week, even as weekly trading volume declined 7.60%. The medium-term opportunity remains intact, but deeper utilization will depend on liquidity, collateral use, and sustained trading activity. 4.Assets to watch: BTC, ETH, SOL, NEAR, ZEC, gold, tokenized U.S. equities, COST. 5.Key metrics to watch: rToken collateral utilization, the durability of TradFi open interest and trading volume, and next week's employment and consumer data.
Gold prices fall Rs 1,331/10 gram, silver dips Rs 1,600/kg as Mideast tensions outweigh oil fall: Key levels to track
Strategists Say Market's ‘Wall of Worry' Is Healthy, Not a Warning Sign
Crypto prices
More
