NFT Sales Reach $187.89M as Ethereum Gains Ground While Bitcoin Slips

NFT Sales Reach $187.89M as Ethereum Gains Ground While Bitcoin Slips

N
News Editor 01
2026-07-08 22:20:16
Weekly NFT sales rose 3.88% to $187.89 million, with Ethereum climbing to $106.72 million. Buyer activity surged, while Bitcoin and Solana posted declines and transaction counts fell.
NFTEthereumBitcoinSolanaDigital Collectibles

Weekly NFT sales climbed to $187.89 million, up 3.88% from the previous week, according to the latest data from cryptoslam.io. The headline increase suggests renewed momentum across the non-fungible token market, but the underlying data points to a more selective and uneven recovery. Ethereum extended its lead, Bitcoin and Solana both moved lower, and buyer activity jumped sharply even as the total number of transactions declined.

Ethereum strengthens its lead in a divided market

Among major blockchains, Ethereum remained the clear leader in NFT sales volume. The network recorded $106.72 million in weekly sales, representing a 9.39% increase from the prior week. That performance reinforced Ethereum’s dominant position in the NFT sector at a time when overall market activity continues to rotate between chains and collections.

Bitcoin ranked second with $25.35 million in NFT sales, but that figure marked a 9.43% weekly decline. Solana followed in third place with $16.92 million, down 3.18% over the same period. While both chains remained major contributors to total NFT volume, their weekly pullback contrasted with Ethereum’s expansion and highlighted the fragmented nature of current market demand.

Outside the top three, Immutable stood out as one of the strongest performers among the leading NFT blockchains. Its weekly sales reached $7.73 million, up 26.97%. That gain suggests that interest is not limited to the largest ecosystems and that capital continues to flow toward chains able to support active communities and collectible-driven trading.

Azuki takes the top spot as collection leaders post strong gains

At the collection level, Azuki led the market for the week with $26,876,382 in sales, a sharp 51.19% increase from the previous week. The collection’s performance placed it firmly at the top of the rankings and underscored how quickly attention can concentrate around well-established NFT brands when market conditions improve.

Pudgy Penguins came in second with $13,325,138 in weekly sales, rising 36.57%. Azuki Elementals ranked third with $8,323,085, up 11.64%. Taken together, these results suggest that blue-chip and adjacent branded collections continued to capture a large share of market liquidity during the week.

The most notable breakout among the leading collections was Solana-based Mad Lads. The collection generated $4,247,980 in sales, soaring 132.07% week over week. That jump made Mad Lads one of the most closely watched movers in the market and offered a reminder that strong collection-specific momentum can still emerge even when broader chain-level performance is mixed.

High-value sales remain active across multiple ecosystems

The week also featured several notable high-ticket NFT transactions. The most expensive sale was Cryptopunk #6472, which changed hands for approximately $740,180 around five days before the data snapshot. The sale reinforced the continuing ability of legacy premium collections to attract substantial capital despite changing market conditions.

Other major transactions showed that buyer demand was spread across more than one blockchain. A Kreating Colourblind NFT on Cardano sold for $392,235, while Boogle #007 on Solana sold for $369,876. These individual sales illustrate that high-value activity is still present beyond Ethereum and that collectors remain willing to allocate sizable sums to specific pieces when rarity, narrative, or community reputation align.

Buyer numbers surge even as transaction counts fall

One of the more important signals from the latest dataset was the sharp increase in user participation. NFT buyer activity rose by 59.34% during the week, while the number of sellers increased by 43.67%. On the surface, that points to improving interest and a wider pool of active participants entering the market.

However, this growth in participation did not translate into a higher transaction count. Total NFT transactions declined by 6.37%, with 1,416,984 transactions completed over the period. That divergence may indicate that traders are becoming more selective, concentrating on fewer but potentially higher-value purchases, or focusing on established collections rather than engaging in broad-based speculative turnover.

The combination of rising sales, a jump in buyers, and fewer transactions paints a nuanced picture. Rather than a simple across-the-board rally, the market appears to be rewarding stronger brands, larger ecosystems, and collections with clearer momentum. In that context, Ethereum’s advance and Azuki’s outsized weekly performance fit a broader pattern of capital concentrating around perceived quality and relevance.

A market that is growing, but becoming more selective

The latest weekly figures reflect an NFT market that is still evolving. Overall sales moved higher, and user participation expanded meaningfully, both of which are constructive signals. At the same time, declines in Bitcoin and Solana sales, along with the drop in transaction count, suggest that the recovery is not uniform and that buyers are making more deliberate choices.

Ethereum’s continued dominance remains the central story, but the week also highlighted strong secondary narratives: Immutable’s growth, Mad Lads’ breakout performance, and sustained demand for major branded collections. If those trends continue, the NFT market may be entering a phase defined less by indiscriminate activity and more by targeted allocation, where attention and liquidity increasingly concentrate in the ecosystems and collections viewed as most resilient.

In short, the week’s data showed a market with higher sales, more buyers, and tighter focus. That mix suggests that NFT interest is still very much alive, but participation is becoming more refined as traders and collectors respond to shifting opportunities across chains and collections.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
400

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.