The non-fungible token (NFT) market saw a 10.44% increase in sales volume to $136.5 million. This marks the second consecutive week of growth for the sector.
According to the latest data, the surge is occurring as the Bitcoin (BTC) price has risen to the $108,000 level. At the same time, Ethereum (ETH) has experienced a 3.6% surge in the last seven days. The global crypto market cap is now $3.33 trillion, up from last week’s $3.21 trillion.
According to data from CryptoSlam, market participation metrics remain stable, with NFT buyers unchanged at 1,061,348 (maintaining a 50.56% growth rate), and NFT sellers rising by 8.09% to 38,494. However, NFT transactions have declined by 19.72% to 1,357,295.
Polygon climbs to second place in sales
Immutable (IMX) has maintained its dominant position, with $43.9 million in sales, a 30.27% increase from the previous week. The blockchain’s wash trading…
