Key Insights NFT news this week points to a sharp rise in market participation, with global NFT buyers jumping 397.10% over the past seven days to reach 97,401.Key Insights NFT news this week points to a sharp rise in market participation, with global NFT buyers jumping 397.10% over the past seven days to reach 97,401.

NFT News: NFT Buyers Surge 400% as BNB Chain Sales Volume Climbs

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Key Insights

  • NFT news: NFT buyers surged 397% over the past seven days.
  • Global NFT transactions climbed 82.76% week-over-week.
  • Flying Tulip PUT on Ethereum led all collections by sales volume.

NFT news this week points to a sharp rise in market participation, with global NFT buyers jumping 397.10% over the past seven days to reach 97,401.

Sellers increased 408.37% over the same period to 96,956, while total NFT transactions climbed 82.76% to 1,088,894.

Total global NFT sales volume for the seven-day period reached $33,749,904, down 11.38% from the prior week.

The buyer and seller surge is spread across multiple chains, with BNB Chain standing out as the week’s most active growth story among the larger networks.

Over the past 24 hours, global NFT sales volume reached $3,729,774, up 9.99%, though buyers and sellers pulled back by 34.88% and 36.09%, respectively, in that shorter window.

NFT News: BNB Chain Leads Weekly Buyer Growth

Ethereum retained its position as the top blockchain by raw sales volume, recording $12,732,615 in NFT sales over the seven-day period.

Its buyer count rose to 3,240, up 11,072.41% week-over-week. Ethereum’s total volume, including wash trading, reached $13,580,218, down 9.54%.

BNB Chain recorded $4,480,969 in sales, up 20.26% on the week, with total volume including wash trades reaching $5,970,631.

Blockchains by NFT sales volume: CryptoSlamBlockchains by NFT sales volume: CryptoSlam

Its buyer count climbed 439.56% to 11,088, the largest absolute buyer increase among the top chains. Wash trading on BNB Chain reached $1,489,662, up 25.45%.

Base came in fourth by sales volume at $3,930,597, up 7.02%, with total volume of $8,748,253. Base drew 33,204 buyers, a 308.77% rise, though its wash trading figure of $4,817,656 was the highest among the chains tracked this week.

Bitcoin’s NFT market recorded $5,227,214 in sales, though that was down 40.22% on the week. Its buyer count rose 400.73% to 5,473. Immutable posted $2,347,540 in sales, up 5.71%, with 2,549 buyers, up 436.63%.

Solana saw a steeper pullback, with sales falling 33.92% to $837,881 and total volume dropping 35.50% to $871,117.

Flow and Polygon both posted modest sales figures above $800,000, with buyer growth of 244.39% and 1,232.38%, respectively.

Top Collections by Weekly Sales Volume

Flying Tulip PUT on Ethereum led all NFT collections by sales volume for the week with $3,882,755 in transactions, though that figure was down 37.95% from the prior period.

The collection recorded 736 transactions and 674 sellers, but only 6 buyers, making it a concentrated sale event.

CyrusPosition on BNB Chain ranked second with $2,087,002 in sales, up 19.83%. It drew 1,229 buyers and processed 2,009 transactions, with a single seller accounting for the entire supply side.

NFT collections by sales volume: CryptoSlamNFT collections by sales volume: CryptoSlam

A Base chain address ranked third with $1,751,562 in volume across 18,462 transactions, though its buyer count of 24 was low relative to transaction count.

Guild of Guardians Heroes on Immutable-Zk generated $1,208,393 in sales, up 19.40%, with 570 buyers and 630 sellers across 1,036 transactions.

The $ATCM BRC-20 NFT collection on Bitcoin posted the week’s largest percentage gain, rising 620.51% to $791,971 in sales across 59 transactions.

DeckOfFates on BNB Chain ranked sixth with $786,807 in sales and 4,115 buyers, the highest buyer count among the top seven collections.

CryptoPunks on Ethereum rounded out the top seven with $773,285 in sales, up 1.15%, across just 11 transactions.

Bitcoin Ordinals Dominate Top Individual NFT Sales

The week’s highest-value individual NFT sales were dominated by Bitcoin-based assets. The top sale came from an $X@AI BRC-20 NFT that changed hands for $477,652.38, equal to 6.8223 BTC, three days ago.

The second through fifth positions were all held by $BTC BRC-20 NFTs, each selling for 2 BTC approximately five days ago. Three of those sales priced at $140,075.86, while a fourth reached $139,957.21 and a fifth closed at $139,579.94.

The post NFT News: NFT Buyers Surge 400% as BNB Chain Sales Volume Climbs appeared first on The Market Periodical.

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