I just reviewed last week's data and there's something interesting happening in the NFT market. Buyers surged nearly 92%, reaching over 103,000, but total sales only increased by 12%. That's unusual, isn't it?



Ethereum took the largest share with $21.9 million in sales, a jump of 43.51%, while Bitcoin saw its numbers drop by 23%, but interestingly attracted 110% more buyers. Courtyard remains the strongest collection with $7.82 million, although it decreased compared to a week ago.

What catches my attention is that we're seeing a lot of new people entering NFTs but with smaller amounts. It's not the massive institutional movement we expected. It seems more like a slow stabilization, with people cautiously testing the waters. The NFT market is recovering, but unevenly. Bitcoin and Polygon are still in the game, but the pace varies across each blockchain.
BTC2,52%
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