NFT Weekly Sales Decline 9% to $145M, Bitcoin Maintains Lead Amid Downturn

NFT Weekly Sales Decline 9% to $145M, Bitcoin Maintains Lead Amid Downturn



Over the past week, the non-fungible token (NFT) market witnessed sales totaling $145 million, marking a decline of over 9% compared to the previous week. This downturn aligns with a recent trend of decreasing sales volumes, with four out of the top five blockchains experiencing drops during this period.



Last week, crypto.news reported a more than 11% decline in digital collectible sales, and this week saw an additional 9.68% fall, bringing the total to $145.01 million, as per data from CryptoSlam.



Bitcoin Leading the Pack



Bitcoin (BTC) continued to dominate weekly NFT sales, outperforming major competitors Ethereum (ETH) and Solana (SOL). The Bitcoin network recorded the highest NFT sales volume among blockchains, generating approximately $44.1 million, according to CryptoSlam. However, this still represented an 11% decline


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#Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #NFT, #NFTMarket, #NFTMarketplace, #Regulations

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