Over the past 7 days, NFT trading volume decreased by 0.05% to $129.8 million, while Avalanche network trading volume surged over 200%.

According to https://t.co/i7qtYDkUc8 and CryptoSlam data, the NFT market slightly declined last week, with trading volume down 0.05% week-on-week to $129.8 million.

Market participation increased, with the number of NFT buyers rising by 61.18% to 443,548; the number of NFT sellers grew by 31.87% to 199,129. NFT transaction count also increased by 15.39% to 1,697,343.

The Ethereum network maintained the lead with $29.60 million in trading volume but saw a 26.22% decrease compared to the previous week; Avalanche network jumped to second place with $22.30 million in trading volume, up 202.92%. Polygon network ranked third with $21.30 million, achieving a 45.98% increase. Bitcoin network fell to fourth place with $18.20 million in trading volume, down 21.85% from last week.

High-value transactions this week include:

CryptoPunks #3609 sold for 440 $ETH ($1,089,338)
CryptoPunks #2537 sold for 80 $ETH ($197,242)
CryptoPunks #2542 sold for 59 $ETH ($155,440)
CryptoPunks #6479 sold for 58.4 $ETH ($149,478)
CryptoPunks #7161 sold for 53.69 $ETH ($142,816)