The NFT market has posted a recovery with sales volume rising by 8.17% to $125.1 million. This marks a rebound from the previous week’s decline.
Bitcoin (BTC) has surged to the $107,000 level. At the same time, Ethereum (ETH) has remained steady in the last seven days. The global crypto market cap is now $3.29 trillion, down from last week’s $3.28 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. NFT transactions have increased by 1.82% to 1,717,339.
Immutable holds its position
Immutable (IMX) has regained its dominant position with $33.3 million in sales, a 15.34% increase from the previous week.
Ethereum has recovered to second place with $25.6 million in sales, posting strong growth of 31.77%. Ethereum’s wash trading has decreased…
