The NFT market posted a modest recovery over the latest week, with total sales climbing to $187.89 million, according to data cited from cryptoslam.io. That represented a 3.88% increase from the previous week, suggesting that demand has remained resilient despite uneven performance across major blockchains and collections.
While the broader market expanded, the gains were not evenly distributed. Ethereum strengthened its lead, Bitcoin moved lower, and Solana also slipped. At the same time, buyer participation surged sharply, even as the total number of completed transactions declined, pointing to a market that may be attracting more attention but behaving with greater selectivity.
Ethereum Maintains Control of NFT Market Activity
Ethereum remained the dominant network for NFT sales, generating $106.72 million over the week. That figure was up 9.39% from the prior period, reinforcing Ethereum’s role as the main venue for high-value NFT activity and established collections.
Bitcoin ranked second with $25.35 million in NFT sales, but that total marked a 9.43% decline week over week. Solana followed in third place at $16.92 million, also down, with a 3.18% decrease. The figures indicate that even as the overall NFT market expanded, some of the largest ecosystems saw diverging momentum.
Among the top five blockchains by NFT sales volume, Immutable delivered the strongest growth. Its weekly NFT sales reached $7.73 million, up 26.97% from the previous week. That performance suggests that beyond the leading chains, smaller ecosystems can still capture meaningful bursts of trader attention when collection activity or user interest intensifies.
Azuki Leads Collections, Mad Lads Delivers the Biggest Jump
At the collection level, Azuki took the top spot for the week with $26,876,382 in sales. That represented a strong 51.19% increase compared with the previous week, making it one of the clearest drivers of Ethereum’s broader outperformance.
Pudgy Penguins ranked second with $13,325,138 in sales, posting a 36.57% gain. Azuki Elementals came in third at $8,323,085, up 11.64%. Together, these results show that established collections continued to anchor market activity, especially on Ethereum, where brand recognition and liquidity remain concentrated.
The most eye-catching move among leading collections came from Solana’s Mad Lads. Weekly sales for the project surged 132.07% to $4,247,980, making it the standout percentage gainer among the top-performing NFT collections. Even though Solana’s overall NFT volume declined on the week, Mad Lads demonstrated that individual collections can still break away from broader chain-level trends.
High-Value Sales Continue Across Multiple Chains
The week’s most expensive NFT sale was Cryptopunk #6472, which changed hands for approximately $740,180 around five days before the report. The transaction highlighted the continued pricing power of iconic legacy collections, even in a market that remains far below its historic peak.
Other notable sales included a Kreating Colourblind NFT on Cardano, which sold for $392,235, and Solana Boogle #007, which was purchased for $369,876. These sales show that meaningful value creation and collector demand are not limited to a single blockchain, even if Ethereum still commands the lion’s share of volume.
Buyer Growth Surges While Transactions Decline
One of the most important signals from the latest data was the sharp rise in market participation. The number of NFT buyers increased by 59.34% over the week, while the number of sellers rose by 43.67%. That suggests significantly stronger engagement and renewed market attention, potentially from both new participants and returning traders.
However, this increase in user activity came alongside a drop in overall transaction count. Total NFT transactions fell 6.37% to 1,416,984 during the week. This divergence may indicate that users are making fewer but more intentional purchases, concentrating capital in higher-conviction collections rather than spreading demand broadly across the market.
In practical terms, the data paints a picture of a market that is becoming more selective. More buyers are entering or re-engaging, but they are not necessarily chasing volume indiscriminately. Instead, attention appears to be clustering around recognized collections, strong ecosystems, and standout assets with clearer cultural or speculative appeal.
A More Complex NFT Market Is Taking Shape
The latest week underscores how the NFT sector continues to evolve. Ethereum strengthened its dominance, Immutable posted a notable rise, and Solana’s Mad Lads captured attention despite weakness in Solana’s overall chain volume. At the same time, the jump in buyer numbers suggests rising interest, but the decline in transaction count points to a more measured market structure.
Rather than signaling a simple broad-based rally, the data suggests a more nuanced environment. Capital is still flowing into NFTs, but participation appears increasingly concentrated around established names and high-visibility collections. This combination of growing interest and more refined behavior may be one of the clearest signs that the NFT market is entering a more mature phase.
For now, weekly sales growth to $187.89 million offers evidence that the sector remains active and capable of generating momentum. Whether that momentum can be sustained may depend on whether buyer growth continues, whether chain-level leadership remains stable, and whether breakout collections can keep drawing attention in an increasingly selective marketplace.