The non-fungible token market has experienced a short slump this week, marked by a slight fall in trading sales volume and floor price values.

In the past seven days, the global non-fungible token market has recorded a trading sales volume of $141 million, down 28% from the previous week.

The non-fungible token market has experienced a slight downturn this week, with a decrease in trading sales volume and floor price values. According to data compiled by CryptoSlam.io, the global NFT market recorded a trading sales volume of $141 million in the past seven days, marking a 28% decline from the previous week.

However, despite the overall decrease in NFT sales, a 31% surge in the number of investors was observed, with over 500,000 investors entering the NFT market this week. This indicates that a large number of investors are still interested in the NFT market and are closely monitoring its performance.

The top-traded blockchain network this week was Ethereum, which is known for hosting a majority of blue-chip non-fungible token collections. From January 26, 2025, to February 01, 2025, NFT collections on the Ethereum blockchain recorded a trading sales volume of over $69 million. This volume experienced a 40% decrease compared to the previous week's sales on the network.

Bitcoin, which is renowned for powering the popular Runes, BRC-20 and Ordinal collections in the NFT market, followed as the second most-traded blockchain network this week. From January 26, 2025, to February 01, 2025, Bitcoin-based NFT collections amassed a trading sales volume of $18 million. During this period, the Bitcoin NFT sales volume decreased by 28% compared to the previous week's sales on the network.

Mythos Chain, a PolkaDot parachain known for ensuring secure and efficient transactions across the entire Mythos gaming ecosystem, emerged as the third most-traded blockchain network in the NFT market this week, surpassing the Solana blockchain network. From January 26 to February 01, Mythos Chain-based NFT series recorded a trading sales volume of $13 million. This volume showed a 4.76% increase compared to the previous week's sales on the network.

Solana, a decentralized blockchain network famous for hosting a variety of smart contracts for non-fungible token collections, became the fourth most-traded blockchain network in the NFT market this week. From January 26 to February 01, Solana-based NFT collections attained a trading sales volume of $13 million. This volume marked a 36% decrease compared to the previous week's sales on the network.

Concluding our top five most-traded NFT blockchain networks this week was Polygon, an Ethereum scaling solution blockchain network, which regained its dominance over Base. From January 26 to February 01, 2025, Polygon NFT collections gathered a trading sales volume of $8.6 million. This volume experienced a 130% surge compared to the previous week's sales on the network.

Top Selling NFTs In The Past Days

1. Pudgy Penguins NFT Collection

This week's top-selling NFT collection was Pudgy Penguins, a non-fungible token collection from the digital asset firm Igloo Inc. Featuring a fixed supply of 8,888 cute penguin cartoon birds and hosted on the Ethereum blockchain network, the Pudgy Penguins recorded a trading sales volume of $14 million from January 26 to February 01. This volume showed a 32% increase compared to the previous week's sales for the collection.

2.DMarket NFT Collection

DMarket, a non-fungible token collection that represents in-game virtual items of popular online games like Counter-Strike, Rust and Dota 2, became the second most-selling NFT collection this week. From January 26 to February 01, 2025, the DMarket NFT collection achieved a trading sales volume of $8.5 million. This volume marked a 8.39% increase compared to the previous week's sales for the collection.

3. Courtyard NFT Collection

Courtyard, a non-fungible token collection from Courtyard.io, became the third most-traded NFT collection this week, showcasing a limited set of 87,777 digital items stored on Polygon. From January 26 to February 01, the Courtyard NFT collection attained a trading sales volume of $7 million. This volume experienced a 206% surge compared to the previous week's sales for the collection.

4. Azuki NFT collection

Azuki, a globally acknowledged non-fungible token collection from the digital asset firm Chiru Labs, followed as the fourth most-traded NFT collection this week. From January 26 to February 01, the Azuki NFT collection amassed a trading sales volume of $7 million. The Azuki NFT sales volume plunged by 75% from the past week.