NFT buyers rise 120% despite sales staying flat at $61.5 million

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The NFT market brought in $61.5 million in sales over the past week, up a small 1.5% from the week before. On the surface, that doesn’t look like much change. But underneath, something big is happening.

The real action is in who’s showing up.

The number of NFT buyers jumped more than 120%, reaching nearly 135,000 people. Sellers were close behind, rising almost 99% to about 112,000. That tells us interest is heating up again, even if total sales haven’t exploded yet.

This surge in activity comes as crypto prices are moving higher. Bitcoin climbed back to $95,000, while Ethereum pushed above $3,200. At the same time, the total crypto market cap grew to $3.22 trillion, up from $3.09 trillion just a week earlier.

Ethereum stayed on top, pulling in about $29 million in NFT sales, up more than 13% for the week. Even more impressive, the number of Ethereum NFT buyers jumped over 420%. Some wash trading was still present, totaling around $3.9 million, but real user activity clearly increased.

Bitcoin NFTs took second place, with $9.33 million in sales, though that was down about 13% from the previous week. Still, buyer interest more than doubled, showing growing curiosity around Bitcoin-based NFTs.

BNB Chain came in third with $7.73 million in sales, followed by Immutable at $4.14 million. Panini rounded out the top five, even though its sales dipped slightly.

Other networks showed mixed results. Base saw strong growth with sales up over 35%, while Solana struggled, posting a sharp 46% drop in NFT sales for the week.

On the collection side, YES BOND on BNB Chain led the rankings with $3.26 million in sales. CryptoPunks followed with $2.73 million, despite a decline, and Ape.bond Bonds came in third after jumping more than 43%.

Some collections saw explosive growth. Good Vibes Club on Ethereum jumped nearly 350%, while Pudgy Penguins slipped slightly but still stayed among the top sellers.

The biggest individual NFT sales of the week came from Bitcoin-based NFTs, led by $X@AI BRC-20 tokens. The top sale hit $1.1 million, followed by another close to $900,000. CryptoPunks also claimed three of the top five high-value sales.

In short, NFT sales are holding steady, but people are coming back in large numbers. With crypto prices rising and user activity surging, the NFT market looks like it may be warming up for a stronger move ahead.