The Non-Fungible Token (NFT) Market Continues Its Meltdown

The non-fungible token market continues experiencing a significant meltdown, with trading sales volume levels returning to where they were last year.

The non-fungible token market continues experiencing a significant meltdown, with trading sales volume levels returning to where they were last year. In another week, the global NFT market has plummeted in trading sales volume.

According to data fetched by an on-chain crypto market data aggregator and multi-chain non-fungible token collection explorer, the global NFT market recorded a trading sales volume of $96 million in the past seven days, down 6.70% from the previous week.

The NFT market raised $106 million, down 11% from the previous week. The top-traded blockchain network in the NFT market was Ethereum, the Layer 1 blockchain network popularly known in the NFT market for powering most of the top NFTs.

From March 24 to March 30, the Ethereum-based NFT collections attracted a trading sales volume of $29 million. During this time, the Ethereum NFT trading sales volume surged by 8.36% from the past week.

The second most-traded blockchain network was Polygon, a renowned Ethereum scaling solution blockchain network. From March 24 to March 30, the Polygon-based non-fungible token collections raised a trading sales volume of $17 million. The Polygon NFT sales volume plunged by 0.28% from the past week during this period.

Polygon has since resurfaced after flipping in trading sales volume for several weeks.

The third most-traded NFT blockchain network was Mythos Chain, another renowned Ethereum-based network ensuring secure and efficient gaming items transactions in the Mythos gaming ecosystem. From March 24 to March 30, the Mythos Chain-based NFT collections recorded a trading sales volume of $13 million. During this time, the Mythos Chain NFT sales volume plunged by 25.53% from the past week.

The fourth most-traded blockchain network in the NFT market was Solana, an open-source blockchain network that supports smart contracts, including non-fungible tokens and a variety of decentralized applications. From March 24 to March 30, the Solana-based NFT collection raised a trading sales volume of $8.5 million. During this time, the Solana NFT sales volume plunged by 5.78% from the past week.

The fifth most-traded blockchain network in the NFT market was Immutable, the leading Layer 2 for non-fungible tokens and blockchain gaming items, secured by Ethereum. From March 24 to March 30, the Immutable-based NFT collections raised a sales volume of $7 million, closing our five top-traded NFT blockchains in the last week of March 2025. The Immutable NFT sales volume plunged by 15% from the past week.

Top Selling NFTs In The Past 7 Days

1. Courtyard NFT Collection

Courtyard, a non-fungible token collection consisting of 80,461 unique digital items living on the Polygon blockchain network, is the most-selling non-fungible token series in the global NFT market this last week of March. From March 24 to March 30, the Courtyard NFT collection recorded a trading sales volume of $15 million. During this time, the Courtyard NFT trading sales volume plunged by 0.79% from the past week.

2.DMarket NFT Collection

DMarket, a non-fungible token collection representing in-game virtual items of popular online games like Counter-Strike, Rust, and Dota 2, is the second most-selling NFT collection in the NFT market this last week of March. From March 24 to March 30, the DMarket NFT collection raised a sales volume of $8.3 million. During this time, the DMarket NFT trading sales volume plunged 35.15% from the past week.

3. Guilds Of Guardians Heroes NFT Collection

Guild of Guardians Heroes, a non-fungible token series from Guild of Guardians, a multiplayer, action, mobile fantasy role-playing-game that allows players to role-play as heroes and go through dungeons to gather redeemable resources, is the second most-selling NFT collection in the NFT market this last week of March. From March 24 to March 30, the Guild of Guardians Heroes NFT collection raised a trading sale volume of $4.7 million, down 14.81% from the past week.

4. CryptoPunks NFT Collection

CryptoPunks, a globally acknowledged non-fungible token collection featuring a limited supply of 10,000 pixilated NFTs previously created by the digital assets incubation studio Larva Labs but now managed by the Bored Ape NFT creator Yuga Labs, is the fourth most-selling NFT collection this last week of March. From March 24 to March 30, the Punks NFT collections recorded a trading