Despite the slight pullback in the crypto market, the NFT sector continues to pump, with sales volume jumping by 17.16% to $130.7 million.
According to data from CryptoSlam, market participation has rebounded strongly, with NFT buyers increasing by 138.96% to 259,264. Also, NFT sellers grew by 98.69% to 137,347. NFT transactions have slightly decreased by 1.14% to 1,498,668.
Ethereum sales are up by 21%
Ethereum remains the dominant blockchain for NFTs, with $41.3 million in sales, up 21.47% from the previous week. Ethereum’s wash trading has decreased by 14.85% to $4.5 million.
Bitcoin has surged to second place with $22.6 million in sales, showing a growth of 53.53%. Polygon POL3.08%POL (ex-MATIC) has dropped to third place with $14.5 million, dropping 22.85%. Despite this, Polygon’s wash trading has surged by 49,260.97% to $1.3 million.