PANews reported on May 25th that according to Crypto.news, CryptoSlam data shows that the Non-Fungible Token market slightly declined over the past week, with transaction volume decreasing by 0.05% to $129.8 million. Market participation improved, with the number of Non-Fungible Token buyers growing by 61.18% to 443,548, and the number of sellers increasing by 31.87% to 199,129. The number of Non-Fungible Token transactions also grew by 15.39%, reaching 1,697,343.
The Ethereum network maintained its lead with $29.6 million in transaction volume, though this represents a 26.22% decrease from the previous week; the Avalanche network jumped to second place with $22.3 million in transactions, a remarkable 202.92% increase. Polygon network ranked third with $21.3 million, achieving a 45.98% growth. The Bitcoin network dropped to fourth place, with transaction volume of $18.2 million, a 21.85% decline from the previous week.
High-value transactions this week included:
- CryptoPunks #3609 sold for 440 ETH ($1,089,338)
- CryptoPunks #2537 sold for 80 ETH ($197,242)
- CryptoPunks #2542 sold for 59 ETH ($155,440)
- CryptoPunks #6479 sold for 58.4 ETH ($149,478)
- CryptoPunks #7161 sold for 53.69 ETH ($142,816)
