Ethereum Reclaims NFT Lead as Weekly Sales Jump 70% to $12.51M

Ethereum Reclaims NFT Lead as Weekly Sales Jump 70% to $12.51M

N
News Editor 01
2026-07-11 00:13:13
Ethereum has returned to the top of the NFT market after weekly sales surged 70% to $12.51 million, supported by a broad recovery in market activity and buyer participation.
EthereumNFTCryptoPunksPolygonBitcoin NFT

Ethereum has regained its position as the leading blockchain for NFTs after weekly sales climbed 70% to $12.51 million. The rebound comes as the broader NFT market shows renewed momentum, with capital and user activity returning across major chains.

Broader NFT market posts strong recovery

The recovery is not limited to Ethereum alone. Total NFT transactions across the market rose 163.63% to more than 2 million, pointing to a sharp increase in user engagement. Overall market volume reached $44.58 million. Participation also expanded on both sides of the market, with total buyers increasing 19.03% to 269,408 and sellers rising 12.06% to 315,062.

Ethereum benefits from deeper liquidity and infrastructure

Ethereum’s gains were supported by stronger transaction intensity and a growing buyer base. The number of Ethereum NFT buyers rose to 5,449, suggesting that traders are rotating back toward ecosystems with deeper liquidity and more established infrastructure. Other blockchains also remained active during the week, with Bitcoin posting $11.74 million in NFT sales and Polygon recording $6.85 million.

Blue-chip collections help drive the rebound

At the collection level, established Ethereum-native projects are showing signs of recovery. CryptoPunks generated $1.15 million in weekly sales, helping lift Ethereum’s overall volume. The trend suggests that buyers are increasingly focusing on well-known collections and utility-oriented NFTs. Combined with Ethereum’s mature market structure, that shift is helping reinforce its lead in the current NFT recovery.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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