NFT Sales Hit $156M as Ethereum and Azuki Dominate the Market

NFT Sales Hit $156M as Ethereum and Azuki Steal the Spotlight

The NFT market continued its upward trend this week, recording $156.13 million in total sales—a 2.78% increase compared to the previous week. A surge in buyer participation, up 115.41%, drove this growth, reflecting renewed interest in digital collectibles amid rising cryptocurrency valuations.

Ethereum Leads Blockchain Sales

Ethereum maintained its dominance as the leading blockchain for NFTs, generating $74.61 million in weekly sales—a 30.40% week-over-week increase. Lifetime sales on the Ethereum network now total an impressive $44.84 billion, underscoring its continued preeminence in the NFT space.

In contrast, Bitcoin’s NFT sales, while ranking third at $27.5 million, saw an 11.43% decline compared to the previous week. Solana experienced a sharper contraction, with NFT sales dropping 33.13% to $14.24 million, despite its cumulative $6.15 billion in lifetime sales.

Azuki Shines Bright

Among NFT collections, Azuki, an Ethereum-based project, emerged as the week’s standout performer. Azuki recorded $14.88 million in sales, marking a stunning 251.55% increase from the prior week. Since its launch, Azuki has amassed $1.2 billion in total sales, securing its place as one of the most influential NFT collections.

Other top collections included Pudgy Penguins, which generated $7.79 million in sales, reflecting a 7.37% decline. Bitcoin NFTs also made a strong showing, with "$?? BRC-20 NFTs" ranking third in collections at $7.59 million.

Record-Breaking Sales

Highlighting the week’s activity was the sale of Cryptopunk #4940, which fetched $502,942—solidifying Cryptopunks’ enduring appeal.

The Bigger Picture

While Ethereum’s steady growth continues to anchor the NFT market, Bitcoin’s and Solana’s recent performances underscore the volatility and evolving dynamics of the space. The surge in buyer activity signals increasing resilience and interest in NFTs as a key component of digital economies.

As the market grows, collections like Azuki and platforms like Ethereum continue to capture the spotlight, shaping the future of the NFT ecosystem.