- NFT market volume hits $108.6M; buyers surge 53%.
- Key collections include CryptoPunks and BOOGLE.
- Ethereum network sales saw a 42.85% increase.
The NFT market witnessed a 1.27% increase in transaction volume over the last week, reaching $108.6 million, with Ethereum and Solana leading high-value sales activities.
Increased market participation signals investor interest in established collections, with Ethereum seeing a 42.85% volume surge, indicating potential capital rotation into blue-chip NFTs.
NFT Buyer Surge Drives Market Recovery
The NFT market displayed a recovery with an increased number of buyers up to 276,735. While sales volume rose, transactions fell, indicating a shift to higher-valued sales. Solana’s BOOGLE and Ethereum’s CryptoPunks collections realized major transactions.
Ethereum showed particular strength, surging by 42.85% to $46.7 million in transactions. Conversely, networks like Mythos Chain faced declines, contrasting with Ethereum and Solana’s performance highlights. Despite a drop in total NFT transactions, the average transaction value appears to have increased.
Vincent Liu of Kronos Research commented on increased liquidity among blue-chip NFTs, drawing attention to investor preferences:
“The whale purchase signals the strength of blue chips and a growing appetite among major players. The influx of liquidity could trigger a capital rotation back into premium NFTs.” – Vincent Liu, Chief Investment Officer, Kronos Research
Ethereum Leads with $46.7M Transaction Surge
Did you know? In 2024, NFT sales mirrored early 2025 levels, as Ethereum led market volumes. Buyer increases often correlate with higher-priced transactions, reinforcing investment trends toward established assets.
Ethereum (ETH) currently trades at $4,469.98 with a market cap of $539.54 billion. Its 24-hour trading volume sits at $17.53 billion, with prices reflecting a 0.21% drop over the past day and a 4.14% decrease over the week, based on data from CoinMarketCap.
Expert analysis from the Coincu team highlights possible growth in blue-chip NFT liquidity as investors gravitate back to recognized collections. Projections indicate continued interest in high-value assets, underscoring potential volume swings in response to evolving market sentiments.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/nfts-news/nft-market-rebound-ethereum-sales-rise/