NFT Weekly Sales Jump 29% to $159.6M — But Is It Real Growth or Just Noise? 🧠📈

After months of flatlines and “NFTs are dead” posts, the charts just screamed back: Not so fast.
Last week, global NFT sales spiked 29%, hitting $159.6 million, alongside surging activity from collectors, whales, and even… wash traders.
Let’s break it down.

📊 1. The Numbers Are Loud

🔹 Total weekly sales: $159.6M
🔹 Buyer count: +89%, now 176,807 wallets
🔹 Seller count: +86%, hitting 112,430
🔹 Total transactions: 1.63M, up +20.6%
That’s not just volume—it’s participation. A wave of users re-entered the market, bringing real heat back to NFT lanes.
🌐 2. Ethereum, Bitcoin, and... Polygon?
Here’s who’s moving the chains:
Ethereum: $79.7M (+62%)

Bitcoin: $24.8M (+60%)

Polygon: $16.8M (–9.4%)
Ethereum is still the clear frontrunner, but Bitcoin NFTs are catching up fast, driven by Ordinals-style experiments.

Polygon saw a slight dip but remains the go-to for scalable drops and gaming assets.

🐧 3. Pudgy Penguins Are Back

Top-performing collections last week:

🐧 Pudgy Penguins → +247%, $9.3M in volume
👾 CryptoPunks → High whale activity (+$5.8M in one wallet)
🎮 Game-focused NFTs on Immutable and Ronin rising steadily

Cultural relevance, storytelling, and brand licensing are making a comeback in blue-chip collections.

🧪 4. The Dark Side: Wash Trading & Artificial Volume
But let’s not ignore this:

⚠️ Wash-trading on Ethereum surged 134%
🧼 Over $8.8M traced to manipulative volume cycles
🎭 Multiple academic studies warn of inflated metrics
So while participation is up, not all of it is clean. Expect marketplaces and analytics platforms to tighten the screws on fake volume detection.
🔮 5. What This Means for Q3 2025

Are we entering a new NFT season?

✅ Bullish momentum? Yes.
✅ Real wallet activity? Yes.
🚨 Still early and noisy? Also yes.
This time, sustainability will depend on utility, brand trust, on-chain transparency, and pricing psychology — not just hype.

✅ NFTs are moving again:
📈 29% sales spike
📊 Massive user return
🐧 Blue-chips rally
💰 Whales buying
🧼 Wash-trading rising

The question isn’t if NFTs are back. It’s how deep this cycle can go before real innovation takes the wheel.

💬 What do you think?
Are we entering another NFT boom?
Or is this a short-term echo in a longer bear market?
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