Over the past 7 days, NFT transaction volume has decreased by 35.15% month on month to $112.7 million, while the number of buyers and sellers has both increased by over 500% month on month

PANews
PANews|Feb 16, 2025 00:26
According to Crypto.news, according to CryptoSlam data, NFT transaction volume has dropped to $112.7 million in the past 7 days. Compared to the previous week, it has decreased by 35.15%. However, the significant increase in market participation indicates that despite the overall low value, the interest of new traders is increasing. NFT buyers surged by 624.41% to 203994 people; The number of NFT sellers increased by 519.61%, reaching 158805 people; The number of NFT transactions decreased slightly by 1.41% to 1443007. The transaction volume on the Ethereum network decreased by 41.25% to $56 million, while the number of buyers increased by 81.43% to 30598. Mythos Chain network ranked second with a transaction volume of 13.9 million US dollars, an increase of 4.66%. Despite a decrease of 32.56%, Solana Network still maintains its third place with $11 million. Polygon (formerly MATIC) Network performed strongly, ranking fourth with a transaction volume of $8.1 million, an increase of 10.76%. The Bitcoin network fell to fifth place with a transaction volume of $6.7 million, a decrease of 71.42%. The best-selling NFTs of the week are as follows: Uncategorized Ordinals 8912771: 7749449 USD (80.1296 BTC) CryptoPunks 2550: 331955 USD (125 ETH) CryptoPunks 793: 146683 USD (53.5 ETH) CryptoPunks 9634: 128988 USD (47.5 ETH) CryptoPunks 9701: 122883 USD (45 ETH)
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