Crypto.news reports data via CryptoSlam showing an 11% decline in NFT transaction volume and drastic drops in buyer and seller counts, alongside varied network performances.
The NFT market saw an 11% fall in transaction volume to $134.9 million, with buyers dropping 89.83% to 73,900 and sellers 91.14% to 42,878, despite a slight 1.60% rise in transactions. Network activity varied: Ethereum reached $58.5 million (down 23.43%), Polygon hit $17.8 million (up 56.90%), Bitcoin fell to $14.2 million (down 19.47%), and BNB Chain rose to $13.6 million (up 33.54%). High-value CryptoPunks sales, notably CryptoPunks #1021 at 720 ETH (~$2.57 million), marked the period.