NFT Sales Drop 22.6% to $104.5M – CryptoPunks Defy the Trend

The NFT market has taken another hit this week, with sales tumbling 22.65% to $104.5 million, marking one of the steepest weekly declines in months.

🔑 Market Overview:

Sales volume: $104.5M (–22.6%).

Transactions: 1.7M (–3.07%).

Buyers: +14.9% → 622,535.

Sellers: +16.2% → 447,821.

By Blockchain:

Ethereum: $37.7M (–29.9%), wash trading down 68%.

Polygon: $15.7M (–17.4%).

Mythos: $10.1M (–1.7%).

BNB Chain: $9.5M (–23.6%).

Bitcoin NFTs: $7.8M (–32.4%).

Solana: $5.1M (–6.8%).

Collections:

Courtyard (Polygon): $14.6M (–17.4%).

CryptoPunks: $8M (+4.7%), defying the trend with high-value sales:

Punk #5898 → 100 ETH ($445,786)

Punk #843 → 90.1 ETH ($403,268)

Punk #9721 → 81 ETH ($361,995)

DMarket: $4.8M (–4.8%).

DKTNFT (BNB): $3.9M (+7.8%).

Panini America: $3.1M (+46%).

📊 Takeaway:
Despite broader weakness, CryptoPunks remain a stronghold, and new entrants like Panini America show that niche sectors (sports cards, collectibles) can still thrive. With buyer/seller participation rising, the market may be primed for recovery — but volumes suggest caution.