The NFTs market has staged a surprising comeback, posting a 10% weekly rebound after weeks of declining sentiment. According to CryptoSlam data, global NFT trading sales reached $69 million in the past seven days, ending a three‑week slide. While valuations remain far below early 2025 peaks, the upswing signals resilience across multiple chains and collections, highlighting a shift from speculative hype toward utility‑driven engagement.
Despite the prolonged downturn, the NFT sector demonstrated resilience with volumes climbing above $69 million. This rebound marks the first significant uptick since November’s steep decline, when monthly turnover dropped to $320 million. Analysts note that while floor prices remain depressed, the stabilization of sentiment suggests a more mature phase of development. The rise in activity underscores how user engagement and on‑chain participation are increasingly driving momentum rather than speculative flips.
Ethereum maintained its position as the leading blockchain for NFTs, generating $27 million in weekly trading sales. This represented a 29% increase compared with the prior week, fueled by renewed interest in blue‑chip collections and established marketplaces. Ethereum’s dominance continues to set the benchmark for NFT trading, even as other chains show mixed performance. BNB Chain, for instance, recorded $8.4 million in sales but slipped 24% week‑over‑week, reflecting diverging trends across ecosystems.
Bitcoin NFTs surged with $9.1 million in weekly trading, a 36% increase driven by Ordinal inscriptions and Runes. Polygon also showed strong momentum, posting $5.1 million in monthly activity and a 54% weekly jump, partly due to the adoption of real‑world asset NFTs. Mythos Chain stood out with $4.5 million in weekly sales, up 69%, underscoring the growing role of Web3 gaming assets. These divergent performances highlight the sector’s evolving multi‑chain dynamics.
At the collection level, DMarket led with $4.4 million in sales, up 71%. Milady Maker followed with $4.2 million, while Courtyard climbed 71.92% to $4 million. High‑value trades also made headlines, including Token Vesting Plans #4585 selling for $671,387. Analysts caution that despite the rebound, a return to 2021’s frenzy is unlikely. However, forecasts suggest another hype phase could emerge before Q1 2026 if macro conditions stabilize.
