NFT sales fall 26% to $101 million this last week of October

During the last week of October, the global non-fungible token market saw a sharp decline due to ongoing trade wars in Mexico, the United States and China, as well as macroeconomic pressures, with its capitalization falling from $6.2 billion to $4.7 billion. Over the past seven days, NFT sales volume also plunged 26% to $101 million. The broader cryptocurrency market experienced a similar crash at the same time.

NFT Sales Drop 26% Over Last 7 Days

Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and multi-chain non-fungible token collection explorer that tracks the non-fungible token collections of more than 20 blockchain networks, indicates that the global non-fungible token market saw a big crash this week. Over the past seven days, the global NFT market generated $101 million in commercial sales, a 26% decrease from the previous week.

The current NFT slowdown is seen as a move toward a more mature market, with an emphasis on utility over hype. Despite the recent decline, the number of crypto users purchasing non-fungible token collections increased 24% to 604,147. Investors are rushing into the NFT market as NFTs offer a unique way to diversify an investment portfolio with a “digital asset” class distinct from traditional stocks or bonds.

Ethereum, the blockchain network previously recognized in the NFT market as the dominant NFT chain, was the most traded blockchain network in the global NFT market during the last week of October. Over the past seven days, Ethereum-based NFT collections have generated over $43 million in sales volume. During this period, Ethereum NFT sales volume increased by 28% compared to last week.

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 during the last week of October. Over the past seven days, the Bitcoin-based NFT series has generated $11 million in commercial sales volume. During this period, Bitcoin NFT trading sales decreased by 14% compared to the previous week.

Base, as a user-friendly and affordable Ethereum Layer-2 network developed by Coinbase, focused on scalability and onboarding a billion users on web3, is the third most traded blockchain network in the NFT market this last week of October. Over the past seven days, Base NFT collections have generated over $10 million in commercial sales volume. During this period, the sales volume of Base NFT exchanges increased by 4.28% compared to the previous week.

Immutable Over the past seven days, Immutable-based NFTs have accumulated $6.8 million in commercial sales volume, representing a 21% 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 non-fungible tokens as a more efficient alternative to Ethereum, is the fifth most traded blockchain network in the NFT market in the last week of October. Over the past seven days, Solana NFTs saw $6 million in sales volume, an increase of 31% from the previous week.

Best-selling NFTs this week

1. DX Terminal NFT Collection

DX Terminal, a collection of non-fungible tokens comprising a limited edition of 36,351 digital items hosted on the Base blockchain network, is the best-selling NFT collection on the NFT marketplace this last week of October. Over the past seven days, the DX Terminal NFT collection has seen $6 million in commercial sales volume. During this period, the sales volume of the DX Terminal NFT decreased by 22% compared to last week.

2. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, a globally recognized non-fungible token collection from the digital asset incubation studio featuring a limited edition of 10,000 monkey profile photos hosted on the Ethereum blockchain network, is the second best-selling non-fungible token collection on the global NFT market this last week of October. Over the past seven days, the Bored Ape Yacht Club NFT collection has accumulated a commercial sales volume of $5.7 million.

Source: cryptoslam.io

3. DMarket NFT Collection

DMarket, a collection of non-fungible tokens on the Mythos chain that represents in-game virtual items from popular online games like Counter-Strike, Rust, and Dota 2, is the third best-selling NFT collection on the global NFT marketplace this last week of October. Over the past seven days, the DMarket NFT collection has accumulated a commercial sales volume of $5.7 million. During this period, DMarket NFT transaction sales volume decreased by 37% compared to last week.

4. Chubby Penguins NFT Collection

Pudgy Penguins, a globally recognized collection of non-fungible tokens from digital asset company Igloo, comprising a fixed set of 8,888 penguin NFTs hosted on the Ethereum blockchain network, is the fourth best-selling NFT collection this last week of October. Over the past seven days, the Pudgy Penguins NFT collection generated $5 million in commercial sales volume, an increase of 36% from the previous week.

5. CryptoPunks NFT Collection

CryptoPunks, a globally recognized non-fungible token collection comprising a limited edition of 10,000 pixelated digital objects previously created by digital asset incubation studio Larva Labs but now managed by Infinite Node Foundation, is the fifth best-selling NFT collection on the global NFT market this last week of October. Over the past seven days, the CryptoPunks NFT collection generated $4.4 million in sales volume, an increase of 114% from the previous week.

6. Guardians Guild Heroes NFT Collection

Guild of Guardians Heroes (GoG), a collection of non-fungible tokens from Guild of Guardians, a blockchain mobile multiplayer, action and fantasy role-playing game that allows players to take on the role of heroes and move through dungeons to collect tradable resources, is the sixth best-selling NFT collection on the NFT market this last week of October. Over the past seven days, the Guild of Guardians NFT collection generated $4 million in trade sales volume, an increase of 22% from the previous week.

Source: Cryptoslam.io

7. Warplets NFT Collection

Warplets, a unique set of dynamically generated non-fungible tokens that transform a user’s Farcaster profile information, such as their PFP and FID, into a dynamic, meme-inspired digital character, is the seventh best-selling NFT collection on the global NFT market this last week of October. Over the past seven days, the Warplets NFT collection has seen $2.3 million in commercial sales volume.

8.$ ?? BRC-20 NFT Collection

$??, a non-fungible token collection created on Bitcoin, a peer-to-peer blockchain network, using the BRC-20 protocol, is the eighth best-selling non-fungible token collection on the global NFT market this last week of October. Over the past seven days, the $ ?? The BRC-20 NFT series has generated a commercial sales volume of over $1.9 million. During this period, the $?? BRC-20 NFT transaction sales volume plunged 32% from last week.

9. Court NFT Collection

Courtyard, a non-fungible token collection comprising unique generative digital objects living on the Polygon blockchain network, is the ninth best-selling non-fungible token collection on the NFT market this last week of October. Over the past seven days, the Courtyard NFT collection has generated $1.9 million in sales volume. During this period, commercial sales of Courtyard NFT decreased by 21% compared to last week.

10. Pangolin Position NFT Collection V3

Pangolin V3 Position, a collection of non-fungible tokens representing the unique positions of liquidity providers within the Pangolin V3 decentralized exchange (DEX) protocol, is the tenth best-selling non-fungible token collection during the last week of October. Over the past seven days, the Pangolin V3 Position NFT collection has seen $1.8 million in commercial sales volume. During this period, V3 NFT position transaction sales volume jumped 137% compared to last week.

Best NFT sales made in the last week of October

The Gondi User Vault #790 NFT collection is the best seller in the last week, October, selling for $1 million a day ago. CryptoPunks NFT Collection #8350 is the second highest NFT sale made in the last week of October, selling for $207,922 just a few hours ago. Pangolin V3 Position is also the best NFT made in the last week, October, selling for $162,000 four hours ago. NFT experts suggest that the NFT market is expected to “explode” in the fourth quarter of 2025, but not in the same way as it did during the speculative boom of 2021.

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