Ethereum has spearheaded a significant rebound in the NFT market, posting $12.51 million in weekly sales across its collections, a 70% increase from the prior week. According to data from CryptoSlam, this surge allowed Ethereum to reclaim the top position among blockchains by NFT sales volume. The network's total volume, including wash trades, reached $13.17 million, up 84.68%, while its buyer count saw a modest 1.66% increase to 5,449.
The broader NFT market also showed signs of recovery, with total sales volume across all chains reaching $44.58 million, a 4.34% weekly increase. More strikingly, total transactions skyrocketed by 163.63% to 2,098,514. The number of buyers rose 19.03% to 269,408, and sellers increased 12.06% to 315,062, indicating renewed user engagement and liquidity.
Other major blockchains displayed mixed performance. Bitcoin ranked second with $11.74 million in sales, though this represented an 18.81% weekly decline. Polygon placed third with $6.85 million in sales (up 8.23%), and saw its buyer count surge 193.26% to 17,220, the largest percentage gain among top chains. Base and Solana recorded stable volumes of $5.04 million and $1.74 million, respectively.
At the collection level, established projects showed strong recovery signals. Courtyard on Polygon led all collections with $6.03 million in sales. Notably, Ethereum's iconic CryptoPunks collection saw sales explode by 1,876.67% to $1.15 million, with transactions up 1,400%. The week's largest individual sales were dominated by Bitcoin Ordinals, with two $X@AI BRC-20 NFTs selling for 54.2999 BTC and 31.872 BTC, respectively.
