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Cryptocurrency News Articles

The global non-fungible token market has retested some positive growth this week after suffering a brutal meltdown

Apr 13, 2025 at 11:40 pm

DMarket, a non-fungible token collection representing in-game virtual items from popular online NFT games like Counter-Strike, Rust, and Dota 2

The global non-fungible token market has retested some positive growth this week after suffering a brutal meltdown

The global non-fungible token market has retested some positive growth this week after suffering a brutal meltdown in the past several weeks. In the past seven days, the NFT market recorded a trading sales volume of $95 million, up 2.05% from the past week.

Earlier this year, the global NFT market began tanking after the initial market hype, which it retested in November 2024, faded. The market downturn escalated recently after Donald Trump’s 2025 tariffs.

Earlier this month, the United States President, His Excellency Donald J Trump, imposed tariffs on imports. Unfortunately, Donald Trump’s 2025 tariff, which started at 10% and escalated to 25%, has sparked a risk-off wave in both the NFT and crypto market, slashing the cryptocurrency price and market cap by over $800 billion since January. In this article, we shall explore the full state of NFTs in the past seven days.

Trump was supposed to be great for crypto traders,instead bitcoin is under 80k and the crypto market is down hundreds of billions because of Trump’s tariffs. Stocks are now trading at or lower than 2023 prices when rate hikes began.

pic.twitter.com/F3oJkkTXWZ

— Joey Palimeno (@PalimenoForGAD1) April 7, 2025

NFT Sales Pump +2% This Week

Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and multi-chain non-fungible token collection explorer, shows that the NFT market has recorded positive growth for the first week in months. From April 7 to April 13, the global NFT market raised a trading sales volume of $95 million, up 2.05% from the past week. The NFT market surge was fueled by Punk NFT, which sold for more than $6 million.

Ethereum, the blockchain network renowned in the NFT market for powering the majority of top NFTs, is this week’s most-traded blockchain network in the NFT market. From April 06 to April 13, the Ethereum-based NFT collections amassed a trading sales volume of $37 million. During this period, the Ethereum NFT trading sales volume has surged by 55% from the previous week.

Source: Cryptoslam

Polygon, an Ethereum scaling solution blockchain network, is this week’s second most-traded blockchain network in the global NFT market. From April 06 to April 13, the Polygon-base NFT collections amassed a trading sales volume of $17 million. During this period, the Polygon NFT trading sales volume has surged by 0.84% from the previous week. Courtyard NFT is the main contributor to the growth of Polygon NFT.

Mythos Chain, a renowned blockchain network ensuring secure and efficient transactions in the Mythos gaming ecosystem, is this week’s third most-traded blockchain network in the global NFT market. From April 6 to April 13, the Mythos Chain-based NFT collections raised a trading sales volume of $14 million. During this period, the Mythos Chain NFT sales volume has surged by 6.34% from the past week.

Solana, the popular blockchain network that supports smart contracts, including non-fungible tokens and a variety of decentralized applications (Dapps,) is this week’s fourth most-traded blockchain network in the NFT market. From April 6 to April 13, 2025, the Solana-based NFT collection amassed a trading sales volume of $6.8 million. During this period, the Solana NFT sales volume has plunged 29.50% from the past week.

Five Top Selling NFTs This Week

1. Courtyard NFT Collection

Courtyard, a non-fungible token collection consisting of a limited edition of 80,461 unique digital assets hosted on the Polygon blockchain network, is this week’s most-selling non-fungible token collection in the NFT market. From April 06 to April 13, the Courtyard NFT collection recorded a trading sales volume of $15 million. During this time, the Courtyard NFT trading sales volume has surged 1.85% from the past week.

2.DMarket NFT Collection

DMarket, a non-fungible token collection representing in-game virtual items from popular online NFT games like Counter-Strike, Rust, and Dota 2, is this week’s second most-selling NFT series in the NFT market. From April 06 to April 13, the DMarket NFT collection raised a sales volume of $9.4 million. During this time, the DMarket NFT trading sales volume has surged by 11.34% from the past week.

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Other articles published on Apr 15, 2025