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Cryptocurrency News Articles

NFT Sales Fall 11% This Past Week

Feb 24, 2025 at 10:50 pm

The non-fungible token market has plunged in trading sales volume this past week. In the past seven days, the global NFT market has raised a trading sales volume of over $115 million, down 11% from the past week.

NFT Sales Fall 11% This Past Week

The non-fungible token market has seen a decline in trading sales volume over the past week. According to data compiled by CryptoSlam.io, the global NFT market has raised a trading sales volume of over $115 million from February 17 to February 23, 2025, down by 11% from the previous week.

This negative growth indicates that the global NFT market has not fully healed from the recent short-market meltdown, which occurred after traders shifted their attention to meme coins and other digital assets.

However, some blockchain networks and NFT collections have managed to thrive amidst the market downturn. Ethereum, the blockchain network renowned in the NFT market for hosting most blue-chip non-fungible token collections, was this past week’s most traded blockchain network in the NFT market.

From February 17 to February 23, 2025, the Ethereum-based NFTs raised a trading sales volume of over $49 million. The Ethereum NFT trading sales volume has fallen 40% from the previous week.

Bitcoin, the blockchain network renowned in the NFT market for powering the popular Runes, BRC-20, and Ordinal collections, was this past week’s second most-traded blockchain network in the global NFT market.

From February 17 to February 23, 2025, Bitcoin-based NFT collections have amassed a trading sales volume of $20 million. During this time, the Bitcoin NFT sales volume has surged by 0.20% from the previous week.

Mythos Chain, a PolkaDot-based blockchain ensuring secure and efficient transactions across the entire Mythos gaming ecosystem, was this past week’s third most-traded blockchain network in the NFT market.

From February 17 to February 23, 202,5, the Mythos Chain-based NFT collection recorded a trading sales volume of $15 million. During this period, the Mythos Chain NFT sales volume has surged by 0.56% from the previous week.

Solana, a decentralized blockchain network renowned for hosting a variety of smart contracts for non-fungible token collections, was this past week’s fourth most-traded blockchain network in the NFT market.

From February 17 to February 23, the Solana-based NFT collections raised a trading sales volume of $11 million. During this time, the Solana NFT trading sales volume surged 11% from the previous week.

Polygon, an Ethereum scaling solution blockchain network, was this past week’s fifth most-selling blockchain network in the global non-fungible token market.

From February 17 to February 24, 2025, the Polygon-based non-fungible token collection recorded a trading sales volume of $7.8 million. The Polygon-based NFT trading sales volume plunged by 9.28% from the previous day.

Top Selling NFTs In The Past Days

1.DMarket NFT CollectionDMarket, a non-fungible token collection representing in-game virtual items of popular online games like Counter-Strike, Rust, and Dota 2, was this past week’s most-selling NFT collection in the global NFT market.

From February 17 to February 23, the DMarket NFT collection raised a sales volume of $9.9 million. During this period, the DMarket NFT trading sales volume surged by 1.20% from the past week.

2. Courtyard NFT CollectionCourtyard, a non-fungible token collection featuring a limited edition of 90,435 unique digital items living on the Polygon blockchain network, was this past week’s second most-selling non-fungible token collection in the NFT market.

From February 17 to February 23, the Courtyard NFT collection raised a trading sales volume of $7.1 million. During this time, the Courtyard NFT trading sales fell 5.44% from the previous week.

3. Doodles NFT CollectionDoodles, a non-fungible token collection from the digital artist Burnt Toast that features a fixed set of 10,000 cartoons NFTs hosted on the Ethereum blockchain network, was this past week’s third most-selling NFT collection in the NFT market.

From February 17 to February 23, 2025, the Doodles NFT collection raised a trading sales volume of $5.1 million. During this time, Doodles NFT trading sales volume plunged 58% from the previous week.

4. Pudgy Penguins NFT CollectionPudgy Penguins, a globally acknowledged non-fungible token collection from the digital asset firm Igloo Inc. featuring a fixed supply of 8,888 penguin cartoon birds hosted on the Ethereum blockchain network, was this past week’s

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