The worldwide non-fungible token market has not moved out of the latest so-called bear market. In one more week, the non-fungible token market has fallen in buying and selling gross sales quantity and gross sales counts. Previously seven days, the NFT market has amassed a buying and selling gross sales quantity of $84 million, the bottom gross sales since November 2024. On this article, we will discover the complete state of the NFT market this week, in addition to what collectors and merchants ought to count on out there within the coming weeks.
NFT Gross sales Plunge To $84M This Week
Knowledge compiled by CryptoSlam.io, an on-chain crypto market knowledge aggregator and a multi-chain non-fungible token assortment explorer, exhibits that the worldwide non-fungible token market has plunged once more in buying and selling gross sales quantity. From March 17 to March 23, the worldwide non-fungible token market recorded a buying and selling gross sales quantity of $85 million, the least since November 2024.
Regardless of the latest plunge in gross sales quantity, the variety of merchants shopping for the non-fungible token dip has sharply elevated this week. From March 17 to March 23, the worldwide non-fungible token market has seen over 300,000 merchants shopping for the NFT dip. These figures have risen by 63% from the previous week. Throughout this time, the worldwide NFT market has seen over 1.7 million transactions, up over 30% from the previous week.
Ethereum, the blockchain community famend within the NFT marketplace for powering nearly all of blue-chip non-fungible token collections, has been probably the most traded blockchain community within the NFT market. From March 17, 2025, to March 23, 2025, the Ethereum-based NFTs have recorded a buying and selling gross sales quantity of over $23 million. Throughout this era, the Ethereum NFT buying and selling gross sales quantity plunged by 27% from the previous week.
Mythos Chain, a blockchain community that ensures safe and environment friendly NFT transactions throughout all the Mythos gaming ecosystem, is that this week’s second most-traded blockchain community within the NFT market, taking down notable chains reminiscent of Bitcoin, Solana, and Bitcoin networks. From March 17 to March 23, the Mythos Chain-based NFT assortment recorded a buying and selling gross sales quantity of $17 million. Throughout this time, the Mythos Chain NFT gross sales quantity has surged 30% from the previous week.
Polygon, an Ethereum scaling answer blockchain community, is that this week’s fourth most-traded blockchain community within the world NFT market, reclaiming market dominance from Bitcoin and Solana. From March 17 to March 23, the Polygon NFT collections recorded a buying and selling gross sales quantity of $15 million. Throughout this time, the Polygon NFT buying and selling gross sales quantity surged 21% from the previous week.
Bitcoin, the blockchain community famend within the world non-fungible token marketplace for powering Runes, Ordinals, and BRC-20 NFT collections, is that this week’s fourth most-traded blockchain community within the non-fungible token market. From March 17 to March 23, 2025, the Bitcoin-based NFT collections have raised a buying and selling gross sales quantity of $14 million. Throughout this time, Bitcoin NFT buying and selling gross sales plunged 36% from the previous week.
Solana, a decentralized blockchain community famend for internet hosting quite a lot of good contracts for non-fungible token collections, is that this week’s fifth most-traded blockchain community within the world NFT market. From March 17 to March 23, 2025, the Solana-based NFT collections recorded a buying and selling gross sales quantity of $9 million. Throughout this time, the Solana NFT buying and selling gross sales quantity fell by 4% from the previous week.
High Promoting NFTs This Week
1. Courtyard NFT Assortment
Courtyard, a non-fungible token assortment from Courtyard, the first-of-its-kind NFT market that allows anybody to personal and commerce bodily playing cards on the blockchain, is that this week’s most traded NFT sequence within the world NFT market. From March 17 to March 23, the Courtyard NFT has raised a buying and selling gross sales quantity of $13 million. Throughout this era, the Courtyard NFT buying and selling gross sales quantity has surged 22% from the previous week.
2.DMarket NFT Assortment
DMarket, a famend non-fungible token assortment representing in-game digital gadgets for fashionable on-line video games like Counter-Strike, Rust, and Dota 2, is that this week’s second most-selling NFT assortment within the NFT market. From March 17 to March 23, the DMarket NFT assortment recorded a buying and selling gross sales quantity of $12 million. Throughout this time, the DMarket NFT buying and selling gross sales quantity surged by 49% from the previous week.
3. Guilds Of Guardians Heroes
Guild of Guardians Heroes, a famend non-fungible token assortment from Guild of Guardians, a multiplayer, motion, cell fantasy role-playing-game that enables gamers to role-play as heroes and undergo dungeons to assemble assets, is that this week’s third most-selling NFT assortment within the NFT market. From March 17 to March 23, the Guild of Guardians Heroes NFT collections has raised $5.7 million. Throughout this time, the Guild of Guardians Heroes NFT gross sales quantity has plunged by 100% from the previous week.
4. Good Vibes Membership NFT Assortment
Good Vibes Membership, an art-focused non-fungible token assortment from the animation studio Toast that includes a restricted version of 6,969 meticulously crafted 3D PFPs NFTs hosted on the Ethereum blockchain community, is that this week’s third most-traded NFT assortment within the world NFT market. From March 17 to March 23, the Good Vibes Membership NFT assortment raised a gross sales quantity of $3.3 million. Throughout this time, the Good Vibes Membership NFT gross sales quantity rose 74% from the previous week.
5. CryptoPunks NFT Assortment
CryptoPunks, a globally acknowledged non-fungible token assortment that includes a restricted version of 10,000 pixilated NFTs beforehand from the digital asset agency Larva Labs however now managed by Yuga Labs, is that this week’s fifth most-selling NFT assortment within the world NFT market. From March 17 to March 23, the CryptoPunks NFT assortment recorded a buying and selling gross sales quantity of $2.9 million. Throughout this time, the CryptoPunks NFT gross sales quantity has plunged by 14% from the previous week.
NFT Market Prediction
The worldwide non-fungible token market appears to be evolving in the direction of a mature and extra utility-driven section fairly than a speculative bubble. In latest weeks, there have been indicators of renewed curiosity and potential for development, despite the fact that maybe not a repeat of the 2021 hype. Within the coming week, the NFT market is forecasted to expertise a revival fueled by new NFT mints, together with the highly-anticipated Taproot Wizard and Finalbosu.
Thrilling week forward:
– Monday: Mibera mint. Finalbosu mint.
– Tuesday: Taproot Wizards mint.
– Thursday: $WAL TGE.
– Someday subsequent week: $RDAC TGE.
– Monday (+1 week): Regular Teddys mint.
What did I miss?
— wale.moca 🐳 (@waleswoosh) March 23, 2025
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