NFT sales climbed 66.58% to $76.56 million over the seven days to Oct. 24, as Bitcoin led blockchain volume with $31.07 million in sales, up 268.06% from the prior period. Ethereum ranked second with $24.64 million, up 32.59%, and the two chains together represented nearly 73% of weekly NFT volume, according to CryptoSlam data.
Market participation expanded sharply: buyer addresses increased 46.38% to 156,715, seller addresses rose 53.09% to 135,930, and transactions climbed 35.05% to 764,169. The $X@AGI BRC-20 NFT collection on Bitcoin was the largest collection with $25.09 million across just three transactions, accounting for roughly 32.8% of all global NFT sales and about 80.8% of Bitcoin’s weekly NFT volume. Among other chains, Polygon placed third with $8.53 million, BNB Chain fourth with $3.35 million, Immutable fifth with $2.30 million, and Arbitrum sixth with $2.00 million after a 1,109.53% jump.
Meanwhile, a separate preview of Galaxy’s third-quarter venture report highlighted a split in crypto VC activity: startup valuations rebounded to a record near $90 million, while median deal size fell from a record $4.9 million in Q2 to about $3 million. Pre-seed deals rose to 25% of all rounds, while later-stage companies took roughly 78% of Q2 capital. Galaxy’s data suggests more small early-stage checks are being spread across new teams, but most dollars still flow to mature companies.
