{"id":771,"date":"2025-05-24T13:11:37","date_gmt":"2025-05-24T13:11:37","guid":{"rendered":"https:\/\/bitunikey.com\/news\/nft-sales-drop-to-129-8m-avalanche-sales-surge-200\/"},"modified":"2025-05-24T13:11:39","modified_gmt":"2025-05-24T13:11:39","slug":"nft-sales-drop-to-129-8m-avalanche-sales-surge-200","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/nft-sales-drop-to-129-8m-avalanche-sales-surge-200\/","title":{"rendered":"NFT sales drop to $129.8m, Avalanche sales surge 200%"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Despite the overall crypto market reaching new heights, the NFT market has experienced a slight drop with sales volume dropping by 0.05% to $129.8 million.<\/p>\n<p>Bitcoin (BTC) has surged to the $108,000 level after hitting $111,000, a new ATH. At the same time, Ethereum (ETH) has shown a mild recovery to the $2,700 level in the last seven days and has now dropped to the $2,500 level. The global crypto market cap is now $3.42 trillion, up from last week\u2019s $3.29 trillion.<\/p>\n<p>According to data from <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cryptoslam.io\/\" target=\"_blank\">CryptoSlam<\/a>, market participation has increased. NFT buyers grew by 61.18% to 443,548, and NFT sellers rose by 31.87% to 199,129. NFT transactions have also risen by 15.39% to 1,697,343.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h3 class=\"wp-block-heading\">Ethereum leads with $29.6m in NFT sales<\/h3>\n<p>Ethereum maintains its dominant position with $29.6 million in sales. However, it has seen a 26.22% decline from the previous week and wash trading has decreased by 57.18% to $2 million.<\/p>\n<p>Avalanche (AVAX) has made a dramatic entrance into second place with $22.3 million in sales and has seen a surge of 202.92%.<\/p>\n<figure class=\"wp-block-image size-large\"><picture decoding=\"async\" class=\"wp-image-14382594\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">Source: Blockchains by NFT Sales Volume (CryptoSlam)<\/figcaption><\/figure>\n<p>Polygon (POL) holds the third position with $21.3 million and has shown solid growth of 45.98%. Bitcoin has dropped to fourth place with $18.2 million. It has fallen 21.85% from last week.<\/p>\n<p>Mythos Chain rounds out the top five with $13.9 million. Immutable (IMX) appears in sixth with $8.6 million, while Solana (SOL) sits in seventh with $6.4 million, with a 26.36% drop.<\/p>\n<p>The buyer count has increased across most blockchains, with Avalanche leading at 79.08% growth. This is followed by Bitcoin at 72.98% and Solana at 71.09%.<\/p>\n<p>A major change has happened in collection rankings, with XSY Deposit on Avalanche taking the top spot at $22.1 million in sales. However, this collection appears to be dominated by a single buyer and seller.<\/p>\n<p>Courtyard on Polygon has moved to second place with $14.4 million and has rebounded with 23.23% growth. DMarket remains in third with $8.8 million, up 7.07%.<\/p>\n<p>Bitcoin\u2019s BRC-20 NFTs have fallen to fourth place with $6 million, dropping 15.78%. Guild of Guardians Heroes holds fifth with $5.9 million.<\/p>\n<p>CryptoPunks has dropped to sixth place with $4.8 million in sales, with a 30.94% decline. The collection has seen decreases across all metrics including transactions (42.31%), buyers (37.84%), and sellers (45.24%).<\/p>\n<p>Read last week\u2019s NFT performance from here. Notable high-value sales from this week include:<\/p>\n<ul class=\"wp-block-list\">\n<li>CryptoPunks #3609 sold for 440 ETH ($1,089,338)<\/li>\n<li>CryptoPunks #2537 sold for 80 ETH ($197,242)<\/li>\n<li>CryptoPunks #2542 sold for 59 ETH ($155,440)<\/li>\n<li>CryptoPunks #6479 sold for 58.4 ETH ($149,478)<\/li>\n<li>CryptoPunks #7161 sold for 53.69 ETH ($142,816)<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Despite the overall crypto market reaching new heights, the NFT market has experienced a slight drop with sales volume dropping by 0.05% to $129.8 million. Bitcoin (BTC) has surged to&hellip;<\/p>\n","protected":false},"author":1,"featured_media":772,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=771"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/771\/revisions"}],"predecessor-version":[{"id":773,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/771\/revisions\/773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/772"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}