NFT sales dropped 35.37% to $42.13 million over the past seven days, even as the number of buyers, sellers and transactions increased. Ethereum returned to the top position among blockchains by NFT sales, overtaking Bitcoin, while Polygon also recorded stronger activity.
According to data from CryptoSlam, the total number of NFT transactions increased 30.54% to 935,198 during the week. Buyer addresses climbed 44.10% to 216,012, while seller addresses increased 46.59% to 192,788.
This shows that more people participated in NFT trading, but the overall dollar value of sales declined. Based on the weekly figures, the average transaction value was approximately $45.05, suggesting that many transactions involved smaller amounts than in the previous week.
Meanwhile, the wider cryptocurrency market remained under pressure. Bitcoin was trading near $77,206, while Ethereum stood at approximately $2,242 on October 31. The total cryptocurrency market capitalization was around $2.69 trillion.
Ethereum recorded $13.17 million in NFT sales during the seven-day period, down 17.53% from the previous week. Despite the decline, it regained first place among blockchains, accounting for approximately 31.3% of total NFT sales. The network also recorded 35,285 buyers, an increase of 37.06%.
Polygon took second place with $9.40 million in sales, gaining 12.43% over the week. Its buyer count reached 49,052, up 25.92%.
Bitcoin fell to third place after its NFT sales dropped 79.89% to $6.27 million. Interestingly, the number of Bitcoin NFT buyers still increased 57.79% to 13,540, showing that participation remained higher despite the sharp decline in sales value.
This marks a reversal from the previous weekly period, when Bitcoin had moved ahead of Ethereum in NFT sales.
BNB Chain ranked fourth with $3.99 million in sales, an increase of 22.48%. Its buyer count jumped 213.46% to 37,204, representing the largest percentage increase among the eight leading networks.
Panini ranked fifth after sales surged 878.60% to $2.50 million. Immutable recorded $2.30 million, down 16.67%, while Base generated $1.96 million, gaining 31.49%.
Solana recorded $1.41 million in NFT sales, an increase of 18.55%. It also had the highest buyer count among these networks, with 58,708 addresses participating during the week.
At the collection level, Courtyard maintained the leading position with $8.58 million in sales, up 13.50%. The Polygon-based collection accounted for approximately 20.4% of total NFT sales.
Courtyard recorded 138,227 transactions during the week, almost unchanged from the previous period. However, its buyer count declined 7.61% to 18,637, while seller addresses increased slightly to 15,630.
The $8888 BRC-20 NFT collection ranked second with $2.82 million in sales. Interestingly, its entire reported weekly sales volume came from a single transaction involving one buyer and one seller.
Panini America followed with $2.50 million in sales, making it one of the strongest-performing collections during the week. Its transaction count increased 1,048.91% to 162,685, while buyers climbed 152.76% to 1,418.
CryptoPunks ranked fourth with $2.01 million in sales, an increase of 22.83%. The collection recorded 28 transactions involving 19 buyers and 18 sellers.
Another BNB-based collection, identified by a wallet address beginning with 0x452a5a324da0386ccd8756f, generated $1.40 million across 2,114 transactions.
Bored Ape Yacht Club followed with $1.35 million in sales, down 62.29% from the previous week. The collection recorded 87 transactions involving 42 buyers and 45 sellers, with overall activity declining.
Guild of Guardians Heroes generated $1.22 million, a decrease of 18.71%, across 914 transactions. Meanwhile, Uniswap V3 Positions NFT-V1 recorded $1.09 million, representing a sharp increase of 11,130.05%. Its transaction count also increased 48% to 37.
The largest individual NFT transaction during the week was an $8888 BRC-20 entry that sold for $2,820,105.64, equivalent to approximately 34.845 BTC.
This single transaction represented nearly 45% of Bitcoin’s total weekly NFT sales and around 6.7% of the global NFT market’s reported sales.
Uniswap V3 Positions NFT-V1 #443 ranked second among individual sales at $1 million, paid in USDC. A $X@AI BRC-20 entry followed with a sale worth approximately $420,321.95, or 5.2542 BTC.
WrappedSuperRare #1763 sold for $400,434.97, while Bored Ape Yacht Club #3439 changed hands for $203,021.52, paid in 86.5 WETH.
Other notable transactions included TokenA #70, which sold for $155,500 in USDT, and CryptoPunks #8879, which fetched $106,327.97 in 45 ETH. BEEE Different #3865 also recorded a sale worth $97,000 in USDT.
Overall, the latest figures show a mixed picture for the NFT market. Although total sales value declined sharply, buyer participation and transaction activity increased. Ethereum’s return to first place also highlights how quickly rankings can change between blockchain networks, while a single high-value transaction had a major impact on Bitcoin’s weekly NFT sales figures.