The NFT marketplace demonstrated resilience this week with sales volumes climbing 8.17% to reach $125.1 million, marking a notable recovery from the previous week’s downturn. Market participation metrics reflected this positive momentum, with NFT buyers maintaining steady numbers at 1,061,348 while sellers increased by 8.09% to 38,494. Transaction activity also saw modest growth of 1.82%, totaling 1,717,339 NFT trades across all platforms during the period.
Blockchain rankings experienced significant shifts as Immutable reclaimed its dominant position with $33.3 million in sales, representing a 15.34% weekly increase. Ethereum made an impressive comeback to second place, generating $25.6 million in sales with remarkable 31.77% growth while simultaneously reducing wash trading by 14.24%. Meanwhile, Polygon experienced a dramatic fall to third place with $16.5 million in sales, suffering a 29.42% decline and a staggering 97.45% drop in wash trading activity to just $34,545.
Gaming collections led the individual rankings, with Guild of Guardians Heroes reclaiming the top spot at $19.3 million in sales, benefiting from Immutable’s renewed strength in the gaming NFT sector. Courtyard on Polygon dropped to second place despite generating $15.4 million, experiencing significant decreases in both buyer and seller participation. Other notable performers included DMarket in third place with $8.9 million and Gods Unchained Cards, which surged 31.24% to reach $6.3 million in sixth place.
High-value transactions continued to drive market confidence, with CryptoPunks dominating premium sales. The collection saw multiple six-figure transactions, including CryptoPunks #1831 selling for 150 ETH worth $389,846 and #9778 fetching $377,958. These substantial sales, combined with growing buyer participation across most blockchains, suggest renewed investor confidence in the NFT space as digital collectibles continue to evolve alongside the broader cryptocurrency market recovery.
