NFT market holds steady as buyer participation climbs sharply
NFT sales remained essentially unchanged this week, rising just 1.77% to $77.10 million. Despite the flat revenue trend, overall market participation continued to strengthen as buyers grew 23.45% to 490,600.
Sellers also increased 15.36% to 403,483, signaling widening engagement even as total transactions fell nearly 19% to 1.1 million, reports Crypto News.
Broader market conditions were mixed, with Bitcoin dipping to $89,000 while Ethereum held firm above the $3,000 threshold. The global crypto market cap edged down to $3.05 trillion from $3.09 trillion, reflecting cautious sentiment after recent volatility. Still, steady NFT spending suggests collectors are maintaining activity despite macro uncertainty.
Immutable ecosystem accelerates as major collections reshuffle
A major shake-up hit the weekly rankings as DMarket on Mythos reclaimed the top spot with $6.73 million in sales, despite a 13.16% drop from the prior week. Guild of Guardians Heroes delivered the strongest performance, soaring 162% to $5.46 million and securing second place as Immutable-zk continues to gain momentum.
Meanwhile, Algebra Positions NFT-V2 on Ethereum fell sharply by 54% to $4.47 million, sliding to third position after leading last week. Polygon’s Courtyard climbed to fourth with a 39% jump to $3.42 million, reflecting renewed appetite for gamified collectibles. Gods Unchained Cards entered the leaderboard in fifth with a 253% surge, highlighting strong demand across the Immutable gaming ecosystem. These shifts underscore how Layer-2 networks are increasingly driving NFT liquidity and activity.
Blue chips decline as new entrants capture volume
Traditional Ethereum blue chips faced another soft week, with Pudgy Penguins falling 15.5% to $2.26 million and CryptoPunks slipping 24.54% to $2.06 million on minimal transaction counts. Newcomers, however, outperformed: Panini America surged nearly 300%, and YES BOND on BNB climbed 133% to enter the top ten. The rise of these collections demonstrates how niche communities and chain-specific ecosystems continue to pull liquidity from legacy projects.
Meanwhile, NFT user growth remains strong, indicating that participation is expanding even if blue-chip valuations remain under pressure. With stable weekly sales and shifting buyer preferences, the market appears to be consolidating rather than contracting. Whether this rotation continues will depend on macro trends and upcoming catalysts across gaming-focused networks.
Recently we wrote that NFT sales rose to $77.04 million this week, marking a 9.78% increase from the previous week’s $72.53 million.
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