NFT trading volume in the past 7 days decreased by 18.43% week-over-week, and Immutable network trading volume declined by 32.23%.

Odaily Planet Daily reports that according to CryptoSlam data, the NFT market experienced a significant decline over the past week, with trading volume dropping 18.43% to 116.90 million USD. The number of NFT buyers remained unchanged at 1,061,348 (maintaining a 50.56% growth), while the number of NFT sellers increased by 8.09% to 38,494. The number of NFT transactions slightly decreased by 0.63% to 1,709,086.

Trading volume on the Immutable network fell to 28.30 million USD, down 32.23% from the previous week. Polygon network's trading volume reached 23.30 million USD, an increase of 24.98% week-over-week, surpassing Ethereum. The Ethereum network dropped to third place, with a trading volume of 20.40 million USD, a 32.06% decrease week-over-week. Mythos Chain maintained fourth place with a trading volume of 14.10 million USD, showing only a slight decrease of 0.03%. Solana climbed to fifth place with a trading volume of 8.70 million USD, an increase of 42.74%.