Citing Insidebitcoins, the global NFT market has shown signs of resilience, with a 10% increase in trading sales volume over the past seven days, reaching $69 million. This marks the first weekly growth in over three weeks amid the ongoing NFT market winter. Ethereum remained the most traded blockchain, recording $27 million in sales, a 29% increase from the previous week. Bitcoin-based NFTs also saw a 36% rise in sales to $9.1 million, while BNB Chain NFTs fell by 24% to $8.4 million. Polygon and Mythos Chain both saw significant gains, with Polygon's sales rising 54% and Mythos Chain's increasing by 69%.
NFT Market Sees 10% Sales Increase in Past Week Amid Ongoing Market Winter
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Summary
Market trends show a 10% rise in NFT sales over the past week, hitting $69 million, the first weekly gain in over three weeks. Ethereum led with $27 million in sales, up 29%. Bitcoin-based NFTs rose 36% to $9.1 million, while BNB Chain fell 24% to $8.4 million. Polygon and Mythos Chain saw strong gains, with sales up 54% and 69%, respectively. Market analysis indicates varied performance across blockchains amid ongoing market winter.
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