NFT sales surge 9% to $77M, CryptoPunks show modest recovery

Market participation has surged across the board, with NFT buyers jumping by 25.34% to 397,409 and sellers rising by 15.56% to 349,725.

NFT transactions posted the strongest gain, soaring by 42.96% to 1,398,844.

Bitcoin’s price has bounced back to the $90,000 level following last week’s sharp selloff. Ethereum has also reclaimed the $3,000 level.

The global crypto market cap now stands at $3.09 trillion, up from last week’s $2.87 trillion.

DX Terminal surges as Algebra extends lead

Algebra Positions NFT-V2 on Ethereum maintained first place with $9.60 million in sales, up 34.82% from last week’s $7.26 million. The collection processed 496 transactions with 163 buyers and 109 sellers.

DMarket on the Mythos blockchain held second position at $7.77 million, up 17.78% from last week’s $6.67 million. The collection recorded 206,347 transactions with 15,307 buyers and 13,306 sellers.

DX Terminal on Base surged to third place with $2.91 million, posting a 456.03% gain. The collection saw 232,896 transactions with 37,965 buyers and 38,234 sellers.

CryptoPunks climbed to fourth with $2.73 million, up 17.67% from last week’s $2.32 million. The Ethereum collection had 26 transactions with 17 buyers and 22 sellers.

Pudgy Penguins slipped to fifth at $2.68 million, down 2.30% from last week’s $2.76 million. The collection saw 161 transactions with 85 buyers and 92 sellers.

Courtyard on Polygon dropped to sixth with $2.45 million, down 18.17% from last week’s $2.97 million. The collection processed 47,903 transactions.

Guild of Guardians Heroes rounded out the top seven with $2.04 million, up 11.34%. The Immutable-Zk collection had 1,926 transactions.

Base posts explosive gains as Ethereum steadies

Ethereum maintained first position with $31.86 million in sales, up 6.55% from last week’s $31.08 million.

The network recorded $5.08 million in wash trading, bringing its total to $36.95 million. Buyers increased by 15.52% to 31,402.

Mythos Chain jumped to second place with $7.91 million, surging 18.34% from last week’s $6.81 million. The blockchain recorded $6,546 in wash trading, bringing its total to $7.92 million. Buyers climbed 28.94% to 42,928.

BNB Chain dropped to third with $7.30 million, down 20.87% from last week’s $9.22 million. The blockchain had $16,413 in wash trading, with buyers jumping 43.55% to 42,559.

Bitcoin held fourth position at $6.27 million, up 5.38% from last week’s $7.03 million. The network saw 14,325 buyers, up 33.09%.

Base secured fifth place with $5.86 million, rising 201.03%. The blockchain recorded $5.12 million in wash trading, bringing its total to $10.98 million. Buyers rose 7.38% to 109,855.

Solana placed sixth at $4.30 million, essentially flat with a 0.08% decline from last week’s $3.15 million. The network recorded 53,678 buyers, up 70.39%.

Polygon landed in seventh with $3.42 million, down 16.25% from last week’s $4.02 million. The blockchain had $6.77 million in wash trading, with buyers up 28.46% to 82,685.

Immutable  secured eighth position at $3.35 million, up 3.37% from last week’s $3.20 million. Buyers increased 31.17% to 6,073.

Source: https://crypto.news/nft-sales-surge-9-to-77m-cryptopunks-show-recovery/