NFT Sales Rise to $187.89M as Ethereum Gains Strength While Bitcoin and Solana Slip

NFT Sales Rise to $187.89M as Ethereum Gains Strength While Bitcoin and Solana Slip

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News Editor 01
2026-07-08 22:24:14
NFT weekly sales climbed to $187.89 million, led by Ethereum’s 9.39% increase. Buyer activity surged, but total transactions fell, pointing to a more selective market.
NFTEthereumBitcoinSolanaImmutable

The NFT market posted a modest weekly rebound, with total sales reaching $187.89 million, according to the latest data from cryptoslam.io. That marked a 3.88% increase from the previous week and suggested that market interest remained intact even as performance varied sharply across blockchains and collections.

While the headline number pointed to growth, the underlying data showed a more nuanced picture. Ethereum extended its dominance, Bitcoin and Solana both lost ground, and buyer participation jumped sharply even though the total number of completed transactions declined. Together, these figures suggest that the NFT market was not simply expanding in a broad-based way, but was becoming increasingly selective.

Ethereum Leads the Market Again

Ethereum remained the clear center of NFT trading activity during the week. Sales on the network reached $106.72 million, up 9.39% from the prior week. That gave Ethereum a commanding share of total NFT volume and reinforced its position as the preferred blockchain for high-value collections and sustained marketplace activity.

Bitcoin ranked second with $25.35 million in NFT sales, but the chain’s volume fell 9.43% over the same period. Solana came in third at $16.92 million, also declining, with sales down 3.18%. The contrast highlights how Ethereum was able to attract stronger momentum even as other major ecosystems struggled to maintain pace.

Among the top five blockchains by NFT sales, Immutable stood out as the strongest performer. Its weekly NFT sales climbed to $7.73 million, representing a gain of 26.97%. Although its total volume remained far below Ethereum’s, the growth rate signaled rising attention and suggested that niche or gaming-adjacent ecosystems could continue to capture incremental share.

Top Collections Show Diverging Momentum

At the collection level, Azuki took the top position for the week with $26,876,382 in sales, posting a strong 51.19% increase from the previous week. The result placed Azuki well ahead of most peers and underscored continued interest in established Ethereum-native collections.

Pudgy Penguins ranked second with $13,325,138 in sales, rising 36.57%. Azuki Elementals followed in third place with $8,323,085, up 11.64%. These figures indicate that brand strength and collector loyalty remained important drivers, especially for projects with strong recognition and established communities.

The most eye-catching gain among the leading collections came from Solana’s Mad Lads. Weekly sales for the collection surged 132.07% to $4,247,980. That performance was especially notable because it came during a week when Solana’s overall NFT sales declined. In other words, even on a softer chain-wide backdrop, individual collections with strong demand were still capable of posting explosive growth.

Buyer Growth Outpaces Transaction Count

One of the most important takeaways from the week was the sharp rise in participant activity. The number of NFT buyers increased 59.34% week over week, while the number of sellers rose 43.67%. Those gains point to broader market engagement and suggest that more users either returned to the sector or entered it during the period.

At the same time, the total number of NFT transactions moved in the opposite direction. Completed transactions fell 6.37%, with 1,416,984 transactions recorded for the week. This divergence between user growth and transaction count is significant. It may indicate that buyers and sellers were becoming more deliberate, concentrating activity around selected collections and higher-conviction trades rather than participating in a wider range of smaller transactions.

That kind of pattern can emerge in a market that is recovering unevenly. Interest returns first, but liquidity tends to cluster in recognizable names, stronger ecosystems, and more established assets. The week’s data appears to support that interpretation, with Ethereum, Azuki, and several high-profile collections capturing a disproportionate share of attention.

High-Value Sales Remain Centered on Premium Assets

The most expensive NFT sale of the week was Cryptopunk #6472, which sold for approximately $740,180 around five days before the report. The sale reinforced the enduring market position of CryptoPunks as one of the sector’s benchmark premium collections.

Other notable high-value sales included a Kreating Colourblind NFT on Cardano, which sold for $392,235, and Boogle #007 on Solana, which changed hands for $369,876. These transactions show that while Ethereum still dominates overall NFT value, meaningful premium sales continue to appear across multiple blockchains.

A Market Growing More Complex, Not Simply Larger

Overall, the week’s NFT data painted a picture of a market that is active and evolving rather than uniformly bullish. Total sales increased, Ethereum strengthened its lead, and buyer participation rose dramatically. Yet the drop in total transaction count showed that this was not a broad flood of indiscriminate activity.

Instead, the market appears to be moving toward greater selectivity. Capital and attention are still entering the space, but they are being deployed more carefully, often in favor of established collections, stronger ecosystems, and standout projects that can command confidence. Ethereum’s weekly lead, Immutable’s acceleration, and Mad Lads’ outsized gain all fit that pattern.

If this trend continues, the NFT sector may become increasingly defined by concentration around recognizable names and networks, even as new participants keep arriving. For now, the latest figures suggest that interest in NFTs remains alive, but the market is demanding clearer signals of quality, brand power, and ecosystem strength before rewarding projects with sustained volume growth.

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