Ethereum Overtakes Polygon: NFT Market Bounces Back with $125 Million in Sales

NFT Market Rebounds to $125M: Ethereum Surges Past Polygon as Sales and Participation Rise

With NFT sales up 8% and Ethereum reclaiming its spot above Polygon, the digital collectible space shows renewed momentum.

NFT Market Shows Signs of Recovery

The global NFT market has bounced back, posting an 8.17% increase in weekly sales to reach $125.1 million.

• This rebound follows last week’s downturn and is accompanied by steady market participation: buyers held at 1,061,348, while sellers climbed 8.09% to 38,494.
• NFT transactions also rose 1.82%, totaling over 1.7 million trades for the week.

Ethereum Reclaims Second Place, Surpasses Polygon

Ethereum has posted strong growth, with sales up 31.77% to $25.6 million, surpassing Polygon and reducing wash trading by 14.24% to $1.6 million.

• Polygon dropped to third place with $16.5 million in sales, a 29.42% weekly decline.
  • Polygon’s wash trading has plunged by 97.45%, suggesting healthier transaction activity.

Immutable and Other Blockchains Hold Steady

Immutable held the top spot with $33.3 million in sales—a 15.34% increase—thanks in part to the success of the Guild of Guardians gaming collection.

• Mythos Chain and BNB round out the top five, with BNB climbing 16.72% to $9.1 million.
• Bitcoin NFT activity also grew, with sales up 2.04% to $8.1 million.

Buyer Growth Across Chains

Buyer growth accelerated, especially on Polygon (+35.63%), Bitcoin (+23.22%), and Mythos Chain (+19.32%).

• This trend reflects expanding user engagement across multiple blockchain networks.

Top NFT Collections and High-Value Sales

Guild of Guardians Heroes led collections with $19.3 million in sales (+15.94%).

• Courtyard on Polygon fell to second at $15.4 million (down 11.43%), with sharp drops in both buyers and sellers.
• DMarket and Guild of Guardians Avatars maintained strong showings, while XSY Deposit and Gods Unchained Cards also made notable gains.

Several high-profile CryptoPunks sales stood out, including:

• #1831 at 150 ETH ($389,846)
• #9778 at 150 ETH ($377,958)
• #4868 at 76.5 ETH ($201,933)
• #5586 at 70.07 ETH ($185,292)
• #7516 at 60 ETH ($158,378)

Conclusion

With Ethereum regaining momentum and new buyers entering the market, the NFT space is showing signs of resilience and adapting to changing dynamics. The return of top collections and high-value sales highlights renewed enthusiasm among collectors and creators.