NFT sales fall 15% to $37.5M as Ethereum leads

Global NFT sales volume fell 15.28% to $37.54 million over the latest seven-day period, even as the number of buyer and seller addresses more than doubled.

Summary

• NFT sales dropped 15.28% to $37.54 million, from approximately $44.31 million a week earlier.
• Buyer addresses rose 174.04%, while seller addresses increased 151.72%.
• Ethereum led with $15.32 million in sales despite a 2.66% weekly decline.
• Bitcoin NFT sales plunged 53.99% to $4.33 million.
• Courtyard led collections, while Alchemix V3 Transmuter #219 sold for $770,985.

According to data from CryptoSlam, captured on Sep. 19 with the “7 Days” setting selected, NFT sales declined while participation measures moved sharply higher.

Buyer addresses increased 174.04% to 114,977, while seller addresses rose 151.72% to 108,037. Those figures represent blockchain addresses rather than confirmed individual users.

The number of NFT transactions moved in the opposite direction, falling 9.08% to 808,432. The combination of more active addresses and fewer transactions showed that activity was spread across a larger pool of wallets, though CryptoSlam’s figures alone do not show whether those addresses belonged to new market participants.

The NFT decline occurred alongside a rebound in the wider crypto market. Bitcoin traded near $81,311, and Ethereum changed hands at approximately $2,647 when the market data was checked. The total cryptocurrency market capitalization stood near $2.79 trillion, according to CoinGecko.

The NFT and cryptocurrency market moves were concurrent, but the available data did not establish a direct causal relationship between them.

Ethereum leads NFT sales with $15.3 million

Ethereum remained the leading blockchain for organic NFT sales, generating $15.32 million during the seven-day period. Sales decreased 2.66%, while buyer addresses climbed 63.82% to 13,546.

The network also recorded $443,802 in wash-trading volume, down 52.41%. Including that activity, Ethereum’s total volume reached $15.76 million, a 5.44% decline.

Polygon ranked second by organic sales with $7.09 million, down 4.88%. The blockchain recorded 26,588 buyer addresses, up 91.47%.

Wash trading played a much larger role in Polygon’s figures. CryptoSlam identified $18.07 million in wash volume, lifting the network’s combined total to $25.15 million. Organic sales and wash trading are separate measures and should not be added when assessing ordinary NFT purchases.

Bitcoin placed third with $4.33 million in sales, representing a 53.99% weekly drop. Buyer addresses nevertheless climbed 141.29% to 5,441. The contrast showed that more Bitcoin addresses interacted with NFTs even as the dollar value of recorded sales fell.

BNB Chain followed with $2.58 million, down 36.26%. Its buyer count rose 384.73% to 10,732, the largest percentage increase among the six leading blockchains.

Base was the only top-five network to record higher organic sales. Volume increased 4.06% to $2.16 million, while buyer addresses surged 253.04% to 2,323. CryptoSlam also recorded $4.8 million in wash volume on Base, up 79.91%.

Solana ranked sixth with $1.89 million in sales, down 11.08%. Its 25,301 buyer addresses represented a 164.90% increase.

Together, the six leading networks generated approximately $33.36 million in organic sales, accounting for nearly 89% of the global total.

Courtyard tops weekly NFT collection sales

Courtyard on Polygon remained the leading NFT collection with $6.3 million in sales, down 0.93%. The tokenized collectibles marketplace recorded 123,504 transactions, up 21.52%, involving 18,459 buyer addresses and 14,921 seller addresses.

Ethereum-based Argonauts ranked second with $2.74 million, following a 36.91% decline. Transactions dropped 48.15% to 1,204, while buyer and seller addresses fell to 422 and 490, respectively.

Alchemix V3 Transmuter placed third after sales jumped 622.03% to $1.83 million. Almost all that volume came from eight transactions involving four buyer and three seller addresses.

The concentration matters because Alchemix V3 Transmuter tokens appear to be linked to positions within a decentralized finance protocol rather than conventional artwork or profile-picture collectibles. CryptoSlam classified the transfers as NFT sales, but the dashboard did not independently establish the economic purpose of each transaction.

Guild of Guardians Heroes on Immutable-Zk generated $986,168, up 3.5%. Its 689 transactions involved 390 buyer addresses and 399 seller addresses.

Panini America ranked fifth with $893,356 in weekly sales, an increase of 19.27%. The sports collectibles collection recorded 13,469 transactions, although buyer addresses declined 24.18% to 762. The collection provided a direct link to the U.S. sports card segment within the week’s NFT rankings.

Bitcoin-based $ATMC BRC-20 NFTs followed with $716,730, down 20.32%. CryptoPunks placed seventh with $706,667 after sales declined 37.39%, with nine transactions involving eight buyers and nine sellers.

Alchemix leads high-value NFT sales

Alchemix V3 Transmuter tokens accounted for four of the five largest individual transactions recorded during the seven-day period.

Alchemix V3 Transmuter #219 led the list at $770,985.44. The Ethereum-based token changed hands for 297.4017 WETH about 15 hours before the dashboard snapshot.

Alchemix V3 Transmuter #214 ranked second with a $715,216 sale settled in 284.8951 WETH five days earlier. The two leading tokens were sold by and transferred to the same respective blockchain addresses.

The third-largest sale came from Bitcoin. A $X@AI BRC-20 NFT sold for $402,534.35, or 5.19 BTC, five days before the snapshot.

Alchemix V3 Transmuter #216 followed with a $196,748.70 transaction involving 79.98 WETH two days earlier.

Alchemix V3 Transmuter #208 completed the top five after selling for $126,695.23, or 49.8681 WETH, seven days earlier. Together, the four Alchemix transactions generated approximately $1.81 million, accounting for nearly all the collection’s reported weekly sales.