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Non-fungible tokens (NFTs) maintained steady weekly sales despite experiencing a slight dip from the previous week’s peak.
According to CryptoSlam, an NFT data tracker, digital collectibles generated approximately $158 million in sales over the past seven days as of November 24. This represents a 12.7% decrease compared to the $181 million in sales recorded the prior week.
Even with the slowdown, the weekly sales volume remains significantly higher than earlier in the month. Between November 4 and 10, NFTs saw just $93 million in weekly sales, marking a 69% surge from those earlier levels.
Ethereum retained its position as the top blockchain for weekly NFT sales, recording $49 million in sales—a 25.9% decline compared to the previous week. Bitcoin came in second with $43 million in sales, reflecting a 29% decrease.
Solana secured third place in sales volume, generating $23.9 million for the week, a 9% drop from the prior week. Combined, Polygon, Mythos Chain, Immutable, and BNB Chain contributed $35.8 million in total weekly NFT sales.
Interestingly, Solana led all blockchains in terms of the number of NFT buyers. CryptoSlam data revealed that Solana attracted over 185,000 buyers during the week, a significant 57.99% increase from the previous week’s 117,000 buyers.
In October, NFT sales reached $356 million, marking an 18% growth compared to September.
Recent weekly sales data indicate consistent interest in NFTs, even amid market volatility. Ethereum's continued leadership in sales and the surge in Solana's buyer activity reflect distinct trends across major blockchains in the digital collectibles market.
This upward momentum builds on October's milestone performance, which broke a seven-month streak of declining NFT sales.
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