NFT Market News: Bitcoin Dominance Grows as Buyer Participation Surges 22%

The NFT market reached a significant milestone this period, showcasing robust growth across multiple indicators. Weekly transactions climbed to 937,495—a 10.54% increase from the previous cycle—while overall sales volume jumped substantially to $88.29 million, up 37.41% from $65.58 million. Behind these headline numbers lies a compelling story of market maturation: buyer participation expanded by 22.90%, and seller activity rose 24.17%, signaling broadening engagement across the NFT ecosystem.

What’s particularly noteworthy in this NFT market news is the dramatic shift in blockchain dominance. Bitcoin has unseated Ethereum as the leading platform by sales volume, capturing $29.95 million—a staggering 144.41% surge from $12.12 million the week prior. This represents not just a temporary uptick but a fundamental shift in where high-value NFT trading is concentrated.

Bitcoin NFTs Drive Market Leadership with Record-Breaking Trading

The transformation of Bitcoin’s position in the NFT landscape stems largely from extraordinary activity in a single collection: $X@AI BRC-20. This collection generated $23.14 million in sales despite processing just 12 transactions, a ratio that reveals the nature of the market movement. The collection involved 12 buyers and 12 sellers, each transaction representing significant value.

The catalyst for Bitcoin’s surge was a landmark trade executed four days ago: a $17.13 million transaction representing 195.0081 BTC. Two additional substantial trades followed within the ensuing three days—one valued at $4.70 million and another at $1.32 million. This concentration of wealth in a handful of high-value transactions demonstrates how large capital movements can reshape weekly market statistics and explains Bitcoin’s dramatic ascent in NFT trading volume.

The $X@AI collection’s explosive 1,099.81% growth propelled it to the top of market rankings by a wide margin, establishing Bitcoin as a venue for institutional-scale NFT transactions.

Top Collections Showcase Market Strength and Trading Volume Concentration

Beyond the dominant $X@AI collection, the NFT market displayed diversity in top performers. Second place went to DMarket on the Mythos blockchain, which posted $6.04 million in sales—a 14.37% increase from $5.32 million. Notably, DMarket generated this volume through 166,295 transactions involving 14,191 buyers and 11,431 sellers, highlighting a more distributed trading pattern compared to Bitcoin’s concentrated model.

YES BOND on BNB secured the third position with $2.72 million in volume, growing 24.76% week-over-week from $2.15 million. This collection’s 2,221 transactions involved 1,872 buyers but only 2 sellers, indicating supply-side concentration despite broader trading activity.

CryptoPunks maintained its established market presence with $2.69 million in volume, posting a modest 6.93% weekly gain. The Ethereum-based collection processed 31 trades involving 23 buyers and 26 sellers. Pudgy Penguins rounded out the top five with $2.39 million in sales following a remarkable 52.12% jump, accumulating 191 transactions from 109 buyers and 107 sellers.

Blockchain Competition Intensifies as Bitcoin Overtakes Ethereum

The realignment of blockchain rankings reveals significant market dynamics. While Bitcoin seized the top position with $29.95 million (up 144.41%), Ethereum maintained a strong position with $27.57 million (up 39.08% from $20.88 million). Notably, Ethereum continued to attract more individual participants, with 23,570 new buyers joining the platform—a 22.13% weekly increase—even as its sales volume rankings slipped behind Bitcoin. This divergence suggests that while Bitcoin attracted larger individual transactions, Ethereum retained superior user-level engagement.

BNB Chain held third place with $7.00 million in volume, declining 10.70% from $7.77 million week-over-week, yet it expanded buyer participation by 19.95% to 49,296 participants. Mythos Chain placed fourth with $6.17 million in volume, up 15.31% from $5.46 million, supported by a surge in buyer engagement—43.58% growth to 34,085 buyers. Immutable rounded out the top five with $3.26 million in volume, showing steady 0.73% growth and adding 6,037 buyers (a 24.09% weekly increase).

Base emerged as a high-growth performer in sixth position, recording $3.11 million in volume with explosive 111.10% growth. The platform attracted 86,317 buyers, though wash trading activity reached $4.87 million. Polygon (recently rebranded to POL) dropped to seventh with $3.09 million in volume, down 49.42% from $6.06 million—however, buyer participation expanded 34.89% to 73,483, suggesting underlying market interest despite volume contraction. Solana placed eighth with $2.89 million (up 2.83%), adding 38,162 buyers for a 15.14% increase.

Market Highlights: Individual Record Sales and Market Maturation

Individual high-value transactions reinforced Ethereum’s position in premium NFT trading. CryptoPunks #8739 sold for $137,628 and CryptoPunks #5192 fetched $120,509, demonstrating sustained demand for blue-chip NFT assets. These transactions contributed substantially to Ethereum’s continued presence among high-value trading venues.

The week’s data, verified through CryptoSlam, confirms that the NFT market is undergoing a recalibration. Bitcoin’s emergence as the sales volume leader, combined with accelerating buyer and seller participation across the ecosystem, suggests maturing market infrastructure. The concentration of transaction volume in specific high-value trades contrasts with the more distributed participation patterns seen in other blockchain ecosystems, indicating that the NFT market continues to segment between institutional-scale trading on Bitcoin and broader retail participation across established platforms like Ethereum and emerging chains.