CryptoSlam data shows that the NFT market experienced a significant correction in the past week, with total sales down 49.77% to $152.7 million, but market participation metrics indicate continued growth in interest from both new and existing traders:
- The number of NFT buyers increased by 50.97%, reaching 531,208;
- The number of NFT sellers increased by 47.14%, reaching 308,666;
- The number of NFT transactions decreased by 13.26%, totaling 1,477,340;
- NFT sales significantly decreased compared to last week's $302.2 million.

Sales of Ethereum NFTs fell by 62% to $75.3 million; the number of buyers reached 63,054, an increase of 42.91%; Bitcoin NFTs also followed a similar pattern, with sales down 30% to $28 million. However, user growth on the network was strong, with 59,311 buyers, an increase of 52.13%.
Sales of Solana NFTs decreased by 58.71% to $13.9 million, still holding the third position, with the number of buyers at 180,111, an increase of 68.43%.

Sales of Pudgy Penguins plummeted by 76.65% to $12.6 million, with the number of transactions down 71.82% and buyer participation declining by 69.92%; Azuki sales dropped by 41.94% to $9.3 million, ranking second; BRC-20 NFT sales fell to third place at $6.5 million, down 30.68%. (crypto.news)

#NFT