NFT Market Sees 5% Growth in Weekly Trading Volume

According to PANews, the NFT market experienced a 5.02% increase in trading volume over the past week, reaching $158 million, as reported by Crypto.news. The number of NFT buyers surged by 126.93% to 382,881, while sellers increased by 124.15% to 341,290. Additionally, the number of NFT transactions rose by 2.48%, totaling 1,703,436. Ethereum network transactions amounted to $98.95 million, marking a 20.31% rise from the previous week. The Base network recorded $14.16 million in sales, a decrease of 6.15%. Meanwhile, Bitcoin network transactions fell by 29.6%, totaling $9.87 million. Notable high-value transactions this week included Bored Ape Yacht Club #1878, which sold for $1.65 million (400 ETH), and several CryptoPunks sales: #854 for $195,823.70 (47.46 ETH), #5054 for $194,037.84 (47 ETH), #8746 for $193,859.75 (46.69 ETH), and #9537 for $192,416.83 (46 ETH).