NFT Weekly Sales Drop 42% to $38.87 Million; Base Chain Up 31%

NFT weekly sales volume fell 42% to $38.87 million, even as participation surged: transactions rose 7.11% to 905,622, buyers climbed 41% to 237,545, and sellers jumped 46% to 213,690, according to CryptoSlam data as of the 3rd. The divergence suggests smaller-ticket trading activity replacing high-value sales, with Bitcoin-based NFT volumes slumping sharply even though the week's top sale came from a Bitcoin-based collection. Ethereum led blockchains with $13.35 million in weekly sales, down 14%, with 36,065 buyers. Polygon ranked second at $9.42 million, up 4.73%, with 52,181 buyers. Base bucked the downtrend with a 31% increase in sales. Watch whether buyer and seller growth translates into recovering volumes or whether the market continues shifting toward lower-value transactions.