NFT market sales decline to $74.86M

The NFT market saw a 7.91% drop in sales last week, with Ethereum leading the way with $27.25 million. Bitcoin followed with $14.89 million, a 31.01% rise, while Solana came in third with $12.47 million.

Cryptopunks topped the charts with $5.39 million in sales, an increase of 9.45%. Bitcoin BRC20 NFTs surged 475%, reaching $3.45 million. Immutable X’s Guild of Guardians (GoG) finished third with $3.28 million.

Sorare on Ether increased by 9.99%, while Luxemarathoner on BNB decreased by 22%. Cryptopunk #9368 sold for $1.27 million, becoming the most expensive NFT marketplace transaction.

Solana’s Boogle #025 sold for $143,070, while BNB’s Paraluni Perpetual Bond got $129,337. CryptoPunks, currently owned by Yuga Labs, produced $5 million in revenue and outperformed the competition with a 0.15% increase.

Despite lower sales and activity, the NFT market remains active, with premium collections continuing to outperform.