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At the start of 2026, the global non-fungible token market is showing some first signs of rebound after several months of decline. Despite total annual trading volume for 2025 and market capitalization falling to around $5.5 billion and $1.9 billion, recent weekly data indicates a localized recovery. Over the past 24 hours, the total NFT market cap increased to $3.3 billion for the first time in months.
NFT market capitalization exceeded +$3.3 billion
Data compiled by NFTPriceFloor, a leading non-fungible token data miner that tracks over 1,700 collections from over 10 blockchain networks, indicates that the NFT market cap has increased slightly in recent days. As of January 12, 2026, the NFT market reached +$3.3 billion, showing some signs of recovery. Major blue-chip NFT collections such as Bored Ape Yacht Club, Moonbirds, Clone
Despite some positive growth in terms of market capitalization and NFT floor values across many NFT collections, global NFT sales volume has declined slightly over the past week. Over the past seven days, the NFT marketplace generated $60 million in sales volume, a 20% decrease from the previous week. The number of investors buying NFTs also decreased by 80% compared to last week.
Ethereum, the blockchain network commonly recognized in the NFT market as the dominant NFT chain, was the most traded blockchain network in the global NFT market over the past week. Over the past seven days, Ethereum-based NFT collections have generated over $27 million in sales volume. During this period, Ethereum NFT sales volume decreased by 2.84% compared to the previous week.
source: cryptoslam.io
Bitcoin, a peer-to-peer blockchain network known for supporting Ordinal, Runes, and BRC-20 non-fungible token collections, was the second most traded blockchain network in the global NFT market last week. Over the past seven days, the Bitcoin-based NFT collection generated $7.7 million in sales volume. During this period, Bitcoin NFT trading sales decreased by 76% compared to the previous week.
BNB Chain, Immutable and Solana Jump +10%
BNB Chain, a decentralized blockchain offering a fast, low-cost, and scalable NFT platform for decentralized applications such as DeFi and NFTs built around the native BNB token, was the third most traded blockchain network last week. Over the past seven days, BNB Chain NFT collections have generated over $7.4 million in trading volume. During this period, BNB Chain’s NFT sales volume increased by 17% compared to the previous week.
Immutable Over the past seven days, Immutable-based NFTs have accumulated $3.9 million in commercial sales volume, representing a 12% increase from the previous week.
Solana, a high-performance network and decentralized platform known for its fast transactions and extremely low costs, making it a popular choice for minting, trading and managing NFTs as a more efficient alternative to Ethereum, was the fifth most traded blockchain network in the NFT market last week. Over the past seven days, Solana NFTs saw $3.6 million in commercial sales volume, an increase of 26% from the previous week.
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