NFT sales declined by 19.61% to $32.05 million over the past seven days, a period during which Ethereum maintained its leading position with $12.82 million in volume, representing a 5.8% increase from the previous week. Despite the overall market contraction, buyer addresses increased by 20.24%, while the total number of transactions decreased by 11.64% to reach 787,901.
Courtyard secured the top spot among collections with $8.18 million in sales, which constituted approximately one-quarter of the total market volume, whereas Base network sales rose 29.82% to $1.95 million to place fifth overall. Data from CryptoSlam indicates that NFT buyer addresses reached 268,887 during this seven-day window ending on Nov. 7, a time when seller addresses grew by 21.34% to 247,206 even as transaction counts continued to fall.
Market Overview: Declining Volume Amidst Buyer Growth
Comparing this week's figures to the prior seven days reveals a drop in sales volume to roughly $39.87 million, representing a gap of approximately $7.82 million. The mean value per deal decreased to about $40.68, down from an earlier estimate of $44.71, based on totals and transaction shifts observed on the dashboard. On Nov. 7, CoinGecko recorded Bitcoin prices near $76,044 and Ethereum around $2,245, with the broader crypto market cap hovering at roughly $2.65 trillion.
Ethereum kept its lead as the top blockchain for NFT commerce, generating $12.82 million, a 5.80% increase from last week, while user accounts on that network grew 12.99% to reach 39,868. Polygon came next with $8.95 million in activity, slipping slightly by 0.48%, though its buyer tally surged 19.06% to 58,401, surpassing Ethereum's user count even though it processed fewer dollars.
Ethereum kept its lead as the primary blockchain for non-fungible token activity, bringing in $12.82 million and posting a 5.80% rise compared to the previous week, with buyer addresses increasing 12.99% to total 39,868. Polygon came next with $8.95 million in revenue, dropping slightly by 0.48%, yet its count of buyers jumped 19.06% to 58,401, overtaking Ethereum in user numbers even though it processed less money. Combined, these two chains represented roughly 67.92% of worldwide NFT transactions for the timeframe. BNB Chain placed third with $3.22 million, reflecting a 21.79% weekly drop, while its buyer addresses climbed 38.91% to 51,679. Immutable rounded out the top four with $2.30 million, down 16.67%, maintaining a buyer count of 4,857.
Base achieved the highest percentage growth among the five major networks, hitting $1.95 million in sales with a 29.82% increase and seeing buyer addresses rise 24.89% to 3,101. Solana trailed with $1.24 million, up 4.15%, as its buyer base grew 21.48% to 71,319, whereas Panini posted $359,911 in sales, falling 85.61%. The dashboard distinguished wash-trading volume from actual sales, noting that Polygon generated $18.27 million in that specific category, Base contributed $4.80 million, and Ethereum accounted for $198,430.
Courtyard maintained its leading position among collections with $8.18 million in sales, reflecting a 0.56% weekly gain while processing 147,227 transactions that increased by 9.86%. The collection's buyer addresses declined 1.79% to 19,816, whereas seller addresses rose 3.93% to 15,936. Courtyard accounted for approximately 25.53% of total NFT sales and represented 91.40% of the volume recorded on Polygon.
Courtyard's redemption framework permits holders to claim physical cards linked to their digital assets, with shipping instructions pointing to a Delaware vault where buyers cover delivery fees. Alchemix V3 Transmuter secured second place with $1.61 million in sales across nine transactions involving seven buyer addresses and two sellers, while the dashboard displayed a 21,429.01% weekly sales gain.
Alchemix's documentation defines Transmuter NFTs as positions representing deposited synthetic assets that carry a future claim to underlying assets, where each redemption position receives its own unique identifier. In the broader market rankings, Guild of Guardians Heroes placed third with $1.22 million in sales, reflecting an 18.71% decline across 914 transactions. Bored Ape Yacht Club followed with $1.12 million, marking a 17.72% drop, while the number of buyer addresses increased by 12% to reach 56.
CryptoPunks ranked fifth with $1.02 million in sales, down 47.28%, as transaction volume fell 48.15% to 14 deals involving 10 buyer addresses and 11 seller addresses. Forest Road Facility generated $735,000 from a single transaction, whereas Argonauts recorded $686,592 with a 16.06% increase and transactions climbing 35.84% to 398. Gods Unchained Cards produced $657,117 despite a 12.90% sales decline, even as transaction counts rose 24.98% to 11,719.
Chain Performance: Ethereum Leads While Base Surges
The report previously noted that Blur intends to shut down its website on November 12 and cease matching new Blend loans, though its onchain marketplace contracts will continue functioning. Current data indicates a scheduled adjustment at a major NFT trading platform coincides with these developments. In the individual-sales rankings, Alchemix V3 Transmuter #260 led the list with a transaction value of $1,040,654.56 paid in 454.667 WETH.
Forest Road Facility #14 placed second with a $735,000 transaction paid in USDC, followed by Alchemix V3 Transmuter #268 at $331,781 equivalent to 147.6989 WETH. Fourth place went to Alchemix V3 Transmuter #230, which recorded $257,141.58 in USDC, while Known Origin #115026 completed the five largest sales with a $145,000 USDC transaction.