PANews reported on September 7th that Crypto.news reported that CryptoSlam data showed that NFT market transaction volume fell 22.65% to $104.5 million over the past week, one of the largest single-week declines in recent months. The number of NFT buyers increased by 14.89% to 622,535, and the number of NFT sellers increased by 16.25% to 447,821. However, the number of NFT transactions decreased by 3.07% to 1,699,318. Ethereum network transaction volume was $37.7 million, down 29.88% from the previous week. Polygon network transaction volume was $15.7 million, down 17.43%. Mythos Chain network transaction volume was $10.1 million, down 1.73%. BNB Chain network transaction volume was $9.5 million, down 23.59%. Bitcoin network transaction volume was $7.8 million, down 32.40%. Solana network transaction volume was $5.1 million, down 6.81%. This week's high-value sales include: CryptoPunks #5898 sold for 100 ETH ($445,786) CryptoPunks #843 sold for 90.1 ETH ($403,268) CryptoPunks #9721 sold for 81 ETH ($361,995 USD) CryptoPunks #490 sold for 80 ETH ($345,757 USD) Known Origin #88512 sold for 70 ETH ($307,384 USD)PANews reported on September 7th that Crypto.news reported that CryptoSlam data showed that NFT market transaction volume fell 22.65% to $104.5 million over the past week, one of the largest single-week declines in recent months. The number of NFT buyers increased by 14.89% to 622,535, and the number of NFT sellers increased by 16.25% to 447,821. However, the number of NFT transactions decreased by 3.07% to 1,699,318. Ethereum network transaction volume was $37.7 million, down 29.88% from the previous week. Polygon network transaction volume was $15.7 million, down 17.43%. Mythos Chain network transaction volume was $10.1 million, down 1.73%. BNB Chain network transaction volume was $9.5 million, down 23.59%. Bitcoin network transaction volume was $7.8 million, down 32.40%. Solana network transaction volume was $5.1 million, down 6.81%. This week's high-value sales include: CryptoPunks #5898 sold for 100 ETH ($445,786) CryptoPunks #843 sold for 90.1 ETH ($403,268) CryptoPunks #9721 sold for 81 ETH ($361,995 USD) CryptoPunks #490 sold for 80 ETH ($345,757 USD) Known Origin #88512 sold for 70 ETH ($307,384 USD)

This week's NFT transaction volume fell 22.65% month-on-month to US$104.5 million, one of the largest weekly declines in recent months.

2025/09/07 08:34
1 min read

PANews reported on September 7th that Crypto.news reported that CryptoSlam data showed that NFT market transaction volume fell 22.65% to $104.5 million over the past week, one of the largest single-week declines in recent months. The number of NFT buyers increased by 14.89% to 622,535, and the number of NFT sellers increased by 16.25% to 447,821. However, the number of NFT transactions decreased by 3.07% to 1,699,318.

Ethereum network transaction volume was $37.7 million, down 29.88% from the previous week. Polygon network transaction volume was $15.7 million, down 17.43%. Mythos Chain network transaction volume was $10.1 million, down 1.73%. BNB Chain network transaction volume was $9.5 million, down 23.59%. Bitcoin network transaction volume was $7.8 million, down 32.40%. Solana network transaction volume was $5.1 million, down 6.81%.

This week's high-value sales include:

  • CryptoPunks #5898 sold for 100 ETH ($445,786)
  • CryptoPunks #843 sold for 90.1 ETH ($403,268)
  • CryptoPunks #9721 sold for 81 ETH ($361,995 USD)
  • CryptoPunks #490 sold for 80 ETH ($345,757 USD)
  • Known Origin #88512 sold for 70 ETH ($307,384 USD)
Market Opportunity
Binance Coin Logo
Binance Coin Price(BNB)
$630.4
$630.4$630.4
-2.08%
USD
Binance Coin (BNB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Buterin pushes Layer 2 interoperability as cornerstone of Ethereum’s future

Buterin pushes Layer 2 interoperability as cornerstone of Ethereum’s future

Ethereum founder, Vitalik Buterin, has unveiled new goals for the Ethereum blockchain today at the Japan Developer Conference. The plan lays out short-term, mid-term, and long-term goals touching on L2 interoperability and faster responsiveness among others. In terms of technology, he said again that he is sure that Layer 2 options are the best way […]
Share
Cryptopolitan2025/09/18 01:15
White House meeting could unfreeze the crypto CLARITY Act this week, but crypto rewards likely to be the price

White House meeting could unfreeze the crypto CLARITY Act this week, but crypto rewards likely to be the price

White House stablecoin meeting could unfreeze the CLARITY Act, but your USDC rewards may be the price The newly confirmed Feb. 10 White House meeting on stablecoin
Share
CryptoSlate2026/02/09 18:48
Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
Share
BitcoinEthereumNews2025/09/18 02:28