NFT sales continue to decline, with CryptoPunks sales down 55%

in Curators Community •  11 days ago • 2 min read

Non-fungible token (NFT) sales declined 7.8% to $109.2 million, according to CryptoSlam data, while CryptoPunks sales declined 55%.

However, the market saw a significant increase in the number of buyers and sellers. The number of buyers increased by 697% to 204,693, and the number of sellers increased by 419.23% to 133,708, while transactions declined by 5.46% to 1,497,932.

Ethereum NFT sales also declined by 11.28% to $32.7 million, despite the number of buyers increasing by 103.27% to 31,517.

In contrast, Bitcoin NFT sales rose 4.63% to $22.8 million, while Mythos Chain declined 1.78% to $15 million, POL rose 1.63% to $13.8 million, and Solana NFT sales fell 43.44% to $10.1 million.

In the collections rankings, Courtyard retained its lead with sales of $12.2 million (+3.63%), despite a 33.56% decline in transactions.

DMarket followed with $9.8 million (-2.40%), while BRC-20 NFT fell to third place with $5.6 million (-23.41%).

The Quantum Cats collection climbed to fourth place with $3.9 million in revenue (+349.19%), while CryptoPunks dropped to fifth place with $3.1 million (-55.55%).

This week's top sales included the Beeple special edition for $464,480 and CryptoPunks issue number 4220 for $251,307 (134.69 ETH), reflecting continued activity in the digital collectibles market despite the overall decline.

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