NFT sales fall 35.37% to $42.13m as Ethereum retakes the lead

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NFT sales have fallen 35.37% to $42.13 million over the past seven days, while trading activity has picked up and Ethereum has returned to first place among blockchains. Summary Weekly NFT sales totaled $42.13 million, despite more participating wallets and a higher transaction count. Buyer addresses rose 44.10% to 216,012, while transactions climbed 30.54% to 935,198. Ethereum led blockchain sales with $13.17 million, although its weekly volume fell 17.53%. Bitcoin sales dropped 79.89% to $6.27 million, placing the network behind Ethereum and Polygon. Courtyard topped collections with $8.58 million, while a $2.82 million Bitcoin transaction led individual sales. According to data from CryptoSlam, seller addresses rose 46.59% to 192,788 during the seven-day period. Buyers, sellers, and transactions all moved higher even as the dollar value of sales declined. Dividing the $42.13 million sales total by 935,198 transactions puts the average recorded transaction at approximately $45.05. Based on the dashboard’s percentage changes, average transaction value fell roughly 50.5% from the preceding period. Separately, CoinGecko’s market showed Bitcoin trading near $77,206 and Ethereum at ap...

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