Odaily Planet Daily News CryptoSlam data shows that the NFT market has seen a sharp decline in the past week, with transaction volume falling 18.43% to $116.9 million. The number of NFT buyers remained unchanged at 1,061,348 (maintaining a 50.56% increase), and the number of NFT sellers increased by 8.09% to 38,494. The number of NFT transactions fell slightly by 0.63% to 1,709,086.
Immutable network transaction volume decreased to $28.3 million, down 32.23% from the previous week. Polygon network transaction volume reached $23.3 million, up 24.98% month-on-month, surpassing Ethereum. The Ethereum network fell to third place, with a transaction volume of $20.4 million, down 32.06% month-on-month. The Mythos Chain network maintained fourth place with $14.1 million in transaction volume, a slight decrease of only 0.03%. The Solana network climbed to fifth place with $8.7 million in transaction volume, an increase of 42.74%.