- Ethereum, Bitcoin, and Polygon lead the NFT resurgence with high transaction figures.
- NFT transactions soar 37.10%, reaching a significant $144.8 million.
- Polygon records the highest buyer increase, reflecting renewed market interest.
Community reactions illustrate an encouraging trend, but no major statements from top industry figures have been recorded. Despite speculative interest, key blockchains continue to draw substantial activity without formal commentary from leaders. As noted, “The insights are primarily based on quantitative data from CryptoSlam without any attributed commentary.”
Transaction activity increased by 37.10% with Immutable, Ethereum, and Bitcoin blockchains experiencing the most growth, suggesting renewed confidence among market participants.
NFT Transaction Volume Climbs to $144.8 Million
According to CryptoSlam data, the NFT market achieved a 37.10% increase in transaction volume, amounting to $144.8 million. Buyer participation surged by 50.56%, with over 1,061,348 individuals engaged in transactions. Immutable ranked first with $41.7 million, a 156.01% leap from the previous week.
The significant increase on the Polygon network, at 32.91% with $18.5 million, indicates widespread interest, particularly due to its 35.63% buyer growth. Ethereum recorded a 6.69% monthly growth, showcasing steady performance amid Bitcoin’s notable 22.55% monthly increase.
Community reactions illustrate an encouraging trend, but no major statements from top industry figures have been recorded. Despite speculative interest, key blockchains continue to draw substantial activity without formal commentary from leaders. As noted, “The insights are primarily based on quantitative data from CryptoSlam without any attributed commentary.”
Ethereum and Polygon see Notable Buyer Growth
Did you know? In May 2025, NFT sales increased by $57 million month-over-month, highlighting a comparable rebound pattern seen now.
Ethereum’s current price stands at $2,544.12 with a market cap of $307.13 billion, as reported by CoinMarketCap. The 24-hour trading volume reached $13.98 billion, representing a 1.11% price increase in the last 24 hours despite a recent downturn in overall activity.
Coincu analysts reflect optimistic sentiments, suggesting that upcoming network improvements and increased engagement may bolster Ethereum and Polygon further, enhancing market dynamics and positioning. Given recent buyer trends, speculative activities might drive further NFT sector growth.
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/343444-nft-market-rebound-transaction-volume/