The NFT market posted another strong week, extending the rebound seen in the prior period. According to the latest data, total non-fungible token sales across 21 blockchains reached $277.79 million over the past seven days, representing a 16.8% increase from the previous week. The gain followed an earlier weekly rise of 3.74%, suggesting that dollar-denominated NFT trading activity continued to recover.
At the same time, participation metrics moved in the opposite direction. The number of NFT buyers fell by 80.74%, while the number of sellers dropped by 78.71%. That divergence points to a market where higher total sales are being driven by a smaller pool of participants, potentially concentrated in a handful of high-value collections and large transactions rather than broad-based retail activity.
Ethereum Dominates Weekly NFT Volume
Ethereum was the clear leader among all chains this week. NFT sales on Ethereum totaled $148.49 million, marking a sharp 99.08% increase from the prior week. That performance placed Ethereum comfortably ahead of every other blockchain in the NFT market and made it the main driver behind the broader weekly increase in sales volume.
Bitcoin ranked second, with NFT sales reaching $52.97 million. However, unlike Ethereum, Bitcoin-based NFT activity moved lower on the week, declining by 20.67%. Solana also saw weaker performance, with sales slipping 21.16% to $39.84 million.
Further down the leaderboard, Polygon recorded $8.23 million in NFT sales, down 20.23%. Mythos stood out as one of the few chains to buck the broader negative trend outside Ethereum, posting an 11.43% increase to $6.23 million. These figures underline how uneven the NFT market remains across ecosystems, with liquidity and attention concentrated in select chains.
Top Collections Were Led by Ethereum Projects
Collection rankings reinforced Ethereum’s dominance. The top-selling NFT collection of the week was Pandora, an Ethereum-based project that generated $56.78 million in sales. That was enough to make it the clear leader among all collections during the seven-day period.
Another Ethereum collection, Nobody, took second place with $15 million in sales. In third place was the Bitcoin-based Uncategorized Ordinals compilation, which posted $13.65 million. The presence of both Ethereum and Bitcoin collections near the top shows that demand remains strongest where liquidity and collector attention are already established, even as weekly momentum differed sharply between the two chains.
Rounding out the top five collections were Dmarket on Mythos and Gods Unchained on Immutable X. Their inclusion highlights that while Ethereum dominated in absolute terms, meaningful activity still exists across gaming-focused and alternative NFT ecosystems.
High-Value Sales Still Shape Market Narrative
At the individual asset level, the week’s biggest NFT sale came from the Bored Ape Yacht Club. BAYC #1726 sold for $668,297 two days before the report, making it the most expensive NFT transaction in the dataset. That sale once again underscored the enduring market relevance of blue-chip Ethereum collections, even in a market environment that has shifted significantly from its earlier peak.
The second-highest sale was a Bitcoin Honey Badgers NFT, which changed hands for $110,256. Third place went to Lockdealnft on the BNB chain, with a sale price of $61,793. The fourth- and fifth-highest individual sales came from the Solana and Avalanche blockchains, respectively, showing that premium NFT transactions were not limited to just one ecosystem.
What the Numbers Suggest About the Current NFT Market
This week’s data paints a mixed but notable picture. On one hand, total sales volume rose meaningfully, and Ethereum nearly doubled its weekly NFT turnover. That points to renewed capital flow into select collections and stronger activity in the network that still anchors much of the NFT sector’s high-value trading.
On the other hand, the steep drop in buyer and seller counts suggests the market may be becoming narrower rather than broader. Instead of a wave of new entrants, the increase in dollar volume appears to be driven by concentrated participation and large-ticket sales. For traders and observers, that distinction matters: headline volume growth can signal strength, but shrinking user participation may indicate that the rebound is being led by whales, established collectors, or a small number of trend-driven collections.
Overall, the latest weekly figures show an NFT market that is growing in sales value but becoming more selective in where activity is concentrated. Ethereum was the standout winner, Pandora led all collections, and blue-chip assets continued to command major prices. Whether that momentum broadens into wider market participation will likely be a key theme in the coming weeks.