The NFT market posted another strong week, extending the momentum seen in the prior reporting period. According to the latest digital collectibles data, total NFT sales across 21 blockchains reached $277.79 million over the past seven days, representing a 16.8% increase from the previous week. The rise follows an earlier 3.74% gain, suggesting that trading activity at the top end of the market remains resilient even as broader participation appears to be weakening.
Ethereum Dominates Weekly NFT Volumes
Ethereum was the clear market leader this week, generating $148.49 million in NFT sales. That figure marked a sharp 99.08% increase from the prior week and gave Ethereum a commanding share of total market volume. The scale of the rebound on Ethereum was large enough to set the tone for the broader NFT sector during the period.
Bitcoin ranked second with $52.97 million in NFT sales, but unlike Ethereum, it recorded a 20.67% decline week over week. Solana also moved lower, with sales falling 21.16% to $39.84 million. After Ethereum, Bitcoin, and Solana, the next largest chains by NFT sales were Polygon and Mythos. Polygon posted $8.23 million in sales, down 20.23%, while Mythos stood out as one of the few gainers, rising 11.43% to $6.23 million.
The weekly breakdown highlights a market that is increasingly concentrated in leading ecosystems, particularly Ethereum. While aggregate sales improved, the gains were not evenly distributed across all chains. Instead, they were driven primarily by a handful of high-volume networks and collections.
Top Collections Were Led by Ethereum-Based Projects
At the collection level, Ethereum again dominated. Pandora was the top NFT collection of the week, producing $56.78 million in sales. It was followed by another Ethereum-based collection, Nobody, which generated $15 million. In third place was the Bitcoin-based Uncategorized Ordinals compilation, with $13.65 million in sales.
Rounding out the top five collections were Dmarket on Mythos and Gods Unchained on Immutable X. The rankings suggest that even in a week of broad revenue growth, investor attention remained concentrated on a relatively small set of established or high-momentum NFT products. Ethereum’s ability to place the top two collections reinforces its lead not just in chain-wide sales, but also in mindshare and marketplace liquidity.
High-Value Transactions Continued to Shape the Market
The week’s biggest individual NFT sale was Bored Ape Yacht Club #1726, which sold for $668,297 two days before the report. The second-largest sale came from a Bitcoin Honey Badgers NFT at $110,256, while BNB-based Lockdealnft recorded the third-largest sale at $61,793. The fourth- and fifth-highest sales were reported on the Solana and Avalanche blockchains, respectively.
These headline transactions underscore an important feature of the current market environment: a relatively small number of high-value sales can heavily influence weekly totals. That is especially relevant given what the participation metrics revealed during the same period.
Buyer and Seller Counts Fell Sharply Despite Higher Sales
One of the most notable aspects of the report was the divergence between sales value and participant numbers. While overall NFT sales climbed, the number of buyers dropped by 80.74%, and the number of sellers declined by 78.71%. This sharp contraction suggests that the increase in volume did not come from a broad-based expansion in market activity.
Instead, the data points to a more concentrated trading environment, where fewer participants are responsible for a greater share of weekly turnover. In practical terms, that may indicate that whales, premium collections, or a handful of high-profile ecosystems are driving current momentum rather than a broad retail return to NFTs.
Such conditions can produce impressive weekly sales figures, but they may also raise questions about how sustainable the trend is without a wider recovery in user participation. A market led by top collections and large transactions can remain active in the short term, yet still lack the depth associated with a more evenly distributed rebound.
What This Week’s Data Suggests for the NFT Market
The latest figures show that the NFT sector is capable of generating significant weekly volume, especially when Ethereum-based collections regain momentum. With total sales rising to $277.79 million and Ethereum nearly reaching $148.5 million on its own, the chain remains the central venue for high-value NFT activity.
At the same time, declines across Bitcoin, Solana, and Polygon indicate that the market is not moving uniformly. The contrast between Ethereum’s surge and the pullback on several other networks suggests that traders are being selective rather than broadly bullish across the entire NFT landscape.
For now, this week’s numbers paint a mixed but important picture: NFT sales are rising, Ethereum is firmly in control of the top spot, and marquee collections such as Pandora are drawing substantial capital. However, the steep drop in buyer and seller counts shows that the recovery in dollar volume is not yet matched by a recovery in breadth. That makes the current rally notable, but also one that market observers will likely watch closely in the weeks ahead.