According to CryptoSlam data, NFT sales volume has climbed by 12.03% to $67.76 million, up from last week’s $64.95 million.
Market participation has rebounded, with NFT buyers surging by 49.30% to 231,210 and sellers jumping by 43.43% to 164,944. NFT transactions remained essentially flat, down just 0.16% to 910,892.
The market has also taken a hit as Bitcoin’s (BTC) price has dropped to the $88,000 level as selling pressure returns.
Ethereum (ETH) has lost the $3,000 level and is hovering at $2,900, extending its recent decline.
The global crypto market cap now stands at $2.99 trillion, down from last week’s $3.07 trillion. However, the NFT sector has bucked this trend with a solid recovery in both sales and participation.
Milady Maker on Ethereum has claimed first place with $3.68 million in sales. The collection processed 217 transactions with just 10 buyers and 1 seller.
DMarket on the Mythos blockchain dropped to second with $3.09 million, down 30.75% from last week’s $4.50 million. The collection recorded 81,970 transactions with 8,685 buyers and 7,349 sellers.
Courtyard on Polygon (POL) surged to third place with $2.97 million, up 36.57% from last week’s $2.18 million. The collection processed 51,199 transactions with 8,630 buyers and 2,060 sellers.
Pudgy Penguins jumped to fourth at $2.21 million, soaring 63.66%. The Ethereum collection saw 162 transactions with 91 buyers and 89 sellers, marking a strong recovery.
Guild of Guardians Heroes on Immutable-Zk secured fifth position with $2.20 million, up 23.48% from last week’s $1.78 million. The collection had 1,753 transactions.
YES BOND on BNB held sixth place at $2.12 million, up 3.82% from last week’s $2.04 million. The collection recorded 1,935 transactions.
Bored Ape Yacht Club rounded out the top seven with $1.67 million, up 14.67%. The collection processed 113 transactions with 64 buyers and 70 sellers.
Ethereum dominated with $28.06 million in sales, exploding 45.56% from last week’s $23.93 million.
The network recorded $3.32 million in wash trading, bringing its total to $31.38 million. Buyers climbed 19.84% to 14,433.
BNB Chain (BNB) held second position at $9.62 million, down 1.60% from last week’s $9.44 million. The blockchain recorded $102,118 in wash trading, with buyers surging 106.21% to 30,104.
Bitcoin secured third place at $7.38 million, up 4.50% from last week’s $6.10 million. The network saw 6,874 buyers, up 93.52%.
Polygon climbed to fourth with $4.12 million, up 30.43% from last week’s $3.12 million. The blockchain recorded $6.36 million in wash trading, bringing its total to $10.49 million. Buyers rose 54.95% to 43,010.
Solana (SOL) dropped to fifth at $3.96 million, down 25.06% from last week’s $5.54 million. The network had 26,455 buyers, up 77.68% despite the sales decline.
Mythos Chain placed sixth with $3.22 million, down 29.41% from last week’s $4.64 million. The blockchain attracted 22,277 buyers, up 62.36%.
Immutable (IMX) secured seventh position at $3.19 million, up 0.27% from last week’s $3.15 million. Buyers jumped 98.10% to 3,655.
Base landed in eighth at $2.03 million, down 6.21%. The blockchain had 74,077 buyers, up 27.65%.



Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more