The NFT market feels the impact of the wider drop in cryptography, the volume of sales decreasing by 4.7% to 94.7 million dollars.
According to Cryptoslam data, this is a continuous decrease trend compared to the $ 102.8 million in the previous week. The drop extends beyond the volume of sales, NFT buyers falling from 77.9% to 128,244, and NFT sellers fell from 75.2% to 85,792. NFT transactions also decreased by 6.3% to 1,441 009.
Down momentum coincides with Bitcoin (BTC) falling at $ 83,000. At the same time, Ethereum (ETH) has lost 13.5% of its value in the last seven days and oscillates in $ 1,500.
The global market capitalization of cryptography is now 2.63 billions of dollars.
Ethereum remains dominant despite the drop in price
The Ethereum blockchain remains the dominant player with $ 36.1 million in sales, up 41.3% compared to last week. However, this increase in sales of Ethereum was not sufficient to compensate for the drops through other chains.
Polygon (POL) is second place with a volume of sales of $ 17.4 million and showed a modest increase of 4.3%. Mythos Chain follows the third with $ 14.1 million, up 2%slightly.
Solana (soil) continues to fight because sales fell 33.4% to $ 6.5 million. Immutable completes the first five with $ 5.5 million in sales, up 15.4% compared to the previous week.
The washing trading models have changed because Polygon is now leading $ 2.6 million. This is a significant increase of 232.6%. Ethereum washing trading has also decreased by $ 9.2% to $ 2.5 million.
Regarding the main NFT collections, Courtyard On Polygon has maintained its highest position with sales of $ 15.6 million and an increase of 6.1%. Cryptopunks went second with $ 9.1 million and an increase of 168.3%.
Dmarket is now in third place with $ 8.9 million, an increase of 4.4%. A newcomer, f (x) Wsteth, position on Ethereum, entered the ranking in fourth place with $ 5.8 million in sales.
Guild of Guardians Heroes completed the first five with $ 3.7 million in sales, up 29.4% compared to the previous week.
The week has seen a high value with cryptopunks # 3100 selling 4,000 ETH ($ 6,042,922). Other high -value notable sales include:
- Cryptopunks # 1182 sold for 142 ETH ($ 209,310)
- The founders of Pixel Vault Dao # 4 sold for 97.08 Reth ($ 161,511)
- Autoglyphs # 462 sold for 98.5 Weth ($ 149,724)
- Cryptopunks # 5361 sold for 69.69 ETH ($ 108,204)
Opensea dry: “We are not exchanges”
This week, OpenSsea asked the American Commission for Securities and Exchange (SEC) to officially declare that NFT are not “exchanges or brokers” under the American laws on securities.
In a letter to the SEC commissioner, Hester Peirce, Opensea argued that NFT generally have only one seller per token – so platforms like their own do not work like traditional scholarships or brokers.
They pointed out that all NFT transactions occur on the channel via smart contracts, Opensea simply acting as a discovery tool – not an intermediary, a guard or a consulting advice.
To avoid future confusion, Opensea asks the dry to issue clear advice, such as a bulletin or a release of interpretation, to confirm that the NFT markets are not covered by the exchange rules.
This thrust follows the Opensea brush with a Wells opinion last year, although the SEC abandoned the investigation in early 2025 after President Donald Trump told the agency to suspend the application of the crypto.
