NFT sales declined by 19.61% over the past seven days, falling to $32.05 million as the overall market slowed down. However, Courtyard remained the top-performing NFT collection, while Ethereum recorded an increase in sales despite the wider market decline.
According to CryptoSlam data reported on November 7, the number of NFT buyers increased by 20.24% to 268,887. Seller addresses also rose by 21.34% to 247,206. However, total transactions dropped 11.64% to 787,901.
NFT sales were around $39.87 million during the previous week, meaning the market lost approximately $7.82 million in weekly sales.
Ethereum leads NFT sales as Base gains ground
Ethereum remained the largest blockchain for NFT sales, recording $12.82 million, up 5.80% from the previous week. The number of buyers on Ethereum also increased by 12.99% to 39,868.
Polygon ranked second with $8.95 million in sales, down just 0.48%. Its buyer count climbed 19.06% to 58,401, higher than Ethereum’s total.
Together, Ethereum and Polygon accounted for nearly 68% of all NFT sales during the week.
BNB Chain ranked third with $3.22 million in sales, down 21.79%, although its number of buyers increased by 38.91% to 51,679.
Immutable took fourth place with $2.30 million, down 16.67%.
Base recorded the strongest growth among the five leading networks. Its NFT sales increased 29.82% to $1.95 million, while buyer addresses rose 24.89% to 3,101.
Solana followed with $1.24 million in sales, up 4.15%. Its buyer count also increased by 21.48% to 71,319.
Courtyard remains the top NFT collection
Courtyard continued to lead all NFT collections with $8.18 million in weekly sales, marking a 0.56% increase.
The collection recorded 147,227 transactions, up 9.86%. However, its buyer count slipped 1.79% to 19,816, while seller addresses increased 3.93% to 15,936.
Courtyard accounted for around 25.53% of total NFT sales during the week. Its platform allows users to redeem digital collectibles for their matching physical trading cards.
Alchemix V3 Transmuter ranked second with $1.61 million in sales, showing a massive weekly increase of 21,429.01%. These sales came from just nine transactions involving seven buyers.
Guild of Guardians Heroes took third place with $1.22 million, down 18.71%.
Bored Ape Yacht Club ranked fourth with $1.12 million in sales, a 17.72% decline, while CryptoPunks placed fifth with $1.02 million, down 47.28%.
CryptoPunks sales drop nearly 50%
CryptoPunks experienced one of the biggest declines among the leading collections. Its transactions fell 48.15% to just 14 during the week.
Forest Road Facility recorded $735,000 in sales from a single transaction, while Argonauts generated $686,592, up 16.06%.
Gods Unchained Cards recorded $657,117 in sales, down 12.90%, even though its transaction count increased by 24.98% to 11,719.
Meanwhile, NFT marketplace Blur is preparing to close its website on November 12 and stop matching new Blend loans. However, its onchain marketplace contracts will continue operating.
Alchemix records the largest individual NFT sale
Alchemix V3 Transmuter #260 recorded the largest individual NFT sale during the week, selling for $1,040,654.56, equivalent to 454.667 WETH.
Forest Road Facility #14 ranked second with a $735,000 sale paid in USDC.
Alchemix V3 Transmuter #268 followed with a sale worth $331,781, while Alchemix V3 Transmuter #230 recorded another $257,141.58 sale.
Known Origin #115026 completed the top five individual sales with a transaction worth $145,000 in USDC.