NFTs are still struggling, even as the wider crypto market shows signs of recovery.
New data from CryptoSlam shows that NFT sales dropped nearly 16% this week, falling to $64.95 million, down from $77.1 million last week. The bigger problem isn’t just sales — it’s participation. Buyers and sellers are leaving fast.
The number of NFT buyers crashed by more than 68%, while sellers dropped by over 71%. Total transactions also fell, down about 13%. That tells a clear story: fewer people are showing up, and even fewer are sticking around.
This is happening even though Bitcoin has bounced back to around $90,000, and Ethereum is holding steady near $3,000. The total crypto market is actually growing, now sitting at about $3.07 trillion. But NFTs are clearly being left behind.
Looking at collections, DMarket stayed in first place with $4.5 million in sales, but that’s still down more than 40% from last week. Algebra Positions NFT-V2 on Ethereum came in second, but sales were cut almost in half. Courtyard on Polygon landed third, also posting a sharp drop.
One of the few bright spots was YES BOND on BNB, which slipped only slightly and showed the most stability among top collections. On the other hand, Guild of Guardians Heroes saw a major collapse, with sales down more than 67%. Even CryptoPunks, usually a steady name, fell nearly 14% week over week.
By blockchain, Ethereum still leads with about $24 million in NFT sales, but that’s down nearly 11%, and buyer numbers fell hard. BNB Chain moved into second place with rising sales, while Bitcoin NFTs slipped again.
Solana stood out as the only major chain showing growth, with sales jumping 44%, even though buyer numbers still dropped sharply. Other chains like Mythos, Immutable, and Polygon all saw big declines.
At the top end, a BRC-20 NFT linked to xAI recorded the largest single sale at just over $809,000. Several high-value CryptoPunks sales followed, but these big trades weren’t enough to lift the overall market.
Bottom line: prices for Bitcoin and Ethereum are holding up, but the NFT market is losing energy fast. Fewer buyers, fewer sellers, and falling sales show that NFTs are still searching for momentum — and right now, they’re not finding it.
