Over the past seven days, the NFT market skilled a major enhance in transaction quantity, reflecting enthusiasm within the panorama. In accordance with information reported by Phoenix Group at this time, the broader market recorded a complete NFT gross sales quantity of $171.9 million, a rise of 35.12% over the earlier week. NFT patrons have risen by 128% to at the moment 255,301. These optimistic figures recommend market restoration boosted by rising curiosity from new merchants.
#NFT MARKET OVERVIEW
TOP COLLECTION #Doodles – 24H Quantity $6.02M… pic.twitter.com/46Y8WPB9PY
— PHOENIX – Crypto Information & Analytics (@pnxgrp) February 18, 2025
High collections
As per the information, collections like Doodles, DMarket, Pudgy Penguins, Azuki, and Milady Maker registered unimaginable positive aspects.
Doodles emerged as the highest assortment after it recorded a $16.01 million gross sales quantity over the previous week. DMarket adopted with $9.93 million in gross sales registered over the identical interval.
Whereas Pudgy Penguins took the third spot with $9.621 million in gross sales, Azuki secured the fourth place with $8.52 million in gross sales quantity. Lastly, Milady Maker gained the highlight with $8.37 million in gross sales recorded over the identical length.
High collectible gross sales
Moreover that, the information by Phoenix Group ranked among the top-selling NFTs over the previous seven days. In an attention-grabbing growth, all the high 5 NFT collectible gross sales got here from CryptoPunks.
The excellent gross sales of the week had been CryptoPunks #7685, which was offered for $166,289.53. CryptoPunks #3963 got here second with $139,515.59 in gross sales. It was adopted by CryptoPunks $5774 with $122,773.72 gross sales. CryptoPunks #3736 clinched the fourth spot with $102,408.86 in gross sales. Lastly, CryptoPunks #7361 recorded $98,094.49 gross sales. These transactions spotlight customers’ fixed demand for CryptoPunks.
High marketplaces
Lastly, information by Phoenix Group recognized high NFT marketplaces with the very best gross sales file over the previous week.
OpenSea was the highest most-traded market over the previous seven days. The platform raised a buying and selling gross sales quantity of $144.86 million.
Blur was the second most-traded market with $31.79 million registered on the platform over the interval. Ingredient Market took the third place with a $4.58 million buying and selling gross sales quantity.
Subsequent was Magic Eden, which registered a buying and selling gross sales quantity of $4.53 million. Lastly, Immutable X Market secured the fifth place with a $3.02 million buying and selling gross sales quantity.