NFTs Weekly Sales Plunge 20% to $102M as Crypto Market Cools Down
The NFT market is cooling alongside broader crypto sentiment. Over the past week, global NFT sales plunged 19.88% to $102 million, according to CryptoSlam.io, as Bitcoin retreated from $124K to $111K and Ethereum dipped from $4,900 to $4,300.
NFT Sales Drop as Crypto Market Cools Down
The NFT market is feeling the chill.
- Weekly NFT Sales: $102 million (down 19.88% from previous week)
- Primary Drivers of Decline:
- Bitcoin drop: From $124K → $111K
- Ethereum correction: From $4,900 → $4,300
- September risk-off sentiment
NFTs and crypto prices remain tightly linked—when BTC and ETH fall, NFT liquidity and buyer appetite follow.
NFT Sales by Blockchain: Winners and Losers
| Blockchain | Weekly Sales | Change |
|---|---|---|
| Ethereum | $35M | ↓ 29.7% |
| Polygon | $16M | ↓ 15.64% |
| BNB Chain | $9.7M | ↑ 1.10% |
| Mythos Chain | $9.3M | ↓ 9.62% |
| Bitcoin (Ordinals) | $7.8M | — |
- Ethereum remains dominant but saw the steepest drop
- BNB Chain stood out with positive momentum
- Mythos Chain (gaming-focused) held up well despite market-wide selloff
Top Selling NFTs This Week
1. Courtyard NFT Collection 🏆
- Sales Volume: $14.9M
- Blockchain: Polygon
- Weekly Change: ↓ 15%
- Why It’s Hot: Generative art collection with strong community engagement
2. CryptoPunks
- Sales Volume: $7M
- Blockchain: Ethereum
- Weekly Change: ↓ 11%
- Note: Still a blue-chip benchmark despite decline
3. DKTNFT
- Sales Volume: $4.1M
- Blockchain: BNB Chain
- Weekly Change: ↑ 15%
- Catalyst: New launch hype and low entry price
4. DMarket NFT Collection
- Sales Volume: $4M
- Blockchain: BNB Chain & Polygon
- Weekly Change: ↑ 21.51%
- Use Case: In-game assets from CS2, Rust, Dota 2
- Growth Driver: Expansion of cross-game digital ownership
5. Panini America NFT Collection
- Sales Volume: $3M
- Blockchain: Panini Blockchain
- Focus: Licensed digital trading cards (NFL, UFC, NBA)
- Significance: Bridging sports fans and Web3 with familiar collectible formats
The NFT Market Prediction: Utility Over Hype
Despite the weekly dip, the long-term outlook remains strong.
- 2025 Market Projection: $49 billion (via adoption, not speculation)
- Key Growth Drivers:
- Institutional investment in RWA and IP-backed NFTs
- Gaming and metaverse integration (e.g., Mythos, DMarket)
- AI-generated content and dynamic NFTs
- Brand partnerships (Panini, Nike, Adidas)
The era of "profile picture" mania is fading.
The future belongs to utility-driven NFTs—in gaming, sports, identity, and finance.
Final Takeaway: A Healthy Pullback, Not a Collapse
- ✅ Sales down to $102M — natural correction after summer highs
- ✅ BNB Chain and gaming NFTs show resilience
- ✅ Mainstream brands like Panini driving adoption
- ✅ Long-term trend: from speculation to real-world use
While the market takes a breather,
the foundations for the next NFT bull run are being laid.
And in 2025,
the winners won’t be just art—they’ll be utility.
