NFT weekly sales reach $95–98M, up 155–170% week over week as blue-chip volumes jump
AI Market Summary
NFT markets are showing a sharp risk-on rebound: weekly sales rose to $95–98M, up 155–170% WoW, with whale sweeps and strong volume across blue-chip collections (Pudgy Penguins +244%, CryptoPunks and BAYC +60%+). Buyer and seller counts climbed nearly 50% WoW, signaling broader participation and improving liquidity. Near-term, this can lift demand for ETH as primary settlement collateral for NFT trading.
Impact level
● Medium
Affected assets
ETH/USDT+2.65%
AI Insight · ETH/USDTAI Insight
▲ Bullish
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The NFT market showed clear signs of a rebound, with weekly sales totaling $95–98M, up 155–170% week over week. Blue-chip collections led the move, including a sweep of 26 Pudgy Penguins for 113 ETH, while the project’s weekly volume surged 244%. CryptoPunks and BAYC each posted more than 60% week-over-week volume growth, and two hoodie CryptoPunks sold for more than $250K apiece. Participation also rose, with active buyers and sellers up nearly 50% week over week amid signs of whale accumulation.
