Cryptocurrency valuations, the non-fungible token (NFT) market registered a 2.78% increase in total sales during the week spanning Jan. 10–17, 2025. Over this period, aggregate digital collectible sales amounted to approximately $156.13 million, driven by a 115.41% buyer escalation relative to the preceding week.
NFT Sales Tick Up 2.78% to $156M
This week, the NFT market demonstrated a tempered expansion, with sales reflecting a 2.78% improvement. Notably, the volume of sellers rose by 107.80%, signaling heightened activity across both ends of the marketplace. Ethereum reigned as the dominant blockchain, amassing $74.61 million in sales, which represented a 30.40% week-over-week increase, as per data curated by cryptoslam.io.A
By contrast, Bitcoin secured the third position in blockchain rankings with $27.5 million in NFT sales, though this marked an 11.43% contraction compared to its performance in the prior week. Solana also exhibited a downturn in sales activity despite ranking third in blockchain sales over the seven days. Solana’s network registered $14.24 million in NFT transactions, reflecting a 33.13% decrease.
Ethereum Leads NFT Sales
Ethereum has accrued a significant $44.84 billion in lifetime NFT sales, while Solana’s cumulative total amounts to $6.15 billion. Bitcoin, for its part, recently exceeded the $5 billion benchmark, attaining a total of $5,031,456,727 in historical sales—a milestone facilitated by this week’s $27.5 million in contributions. This week, the most significant NFT collection was Azuki, a high-profile Ethereum-based portfolio of digital collectibles.
Azuki generated $14.88 million in weekly sales, representing an extraordinary 251.55% increase compared to the prior week. Since its inception, Azuki has achieved an aggregate sales volume of $1,207,798,364. Meanwhile, Pudgy Penguins, another Ethereum-native series, accumulated $7.79 million in sales over the same period—a 7.37% decline week-over-week.
Bitcoin NFTs Surge Amid Shifting
Data shows that Pudgy Penguins has realized $560,693,995 in total sales, solidifying its rank as the 13th highest-selling NFT collection. Bitcoin NFTs, categorized as “$?? BRC-20 NFTs” by cryptoslam.io, secured the third spot in this week’s collection rankings, generating $7,595,337 in sales. Since the tracking of Bitcoin NFT sales began, this category has recorded a cumulative volume of $219,725,933.
While Ethereum’s sustained growth anchors its preeminence, Bitcoin’s milestone and Solana’s contraction highlight shifting dynamics. These trends point to an evolving ecosystem where buyer participation surges, underscoring resilience and volatility as NFTs continue asserting themselves in digital economies.
Summary
The NFT market saw a modest 2.78% increase in total sales during January 10–17, 2025, reaching $156.13 million. Ethereum remained the leader, with $74.61 million in sales, while Bitcoin NFTs surpassed $5 billion in lifetime sales, contributing $27.5 million this week. However, Bitcoin’s sales dipped 11.43%, and Solana also saw a 33.13% decrease in NFT activity.
Notable collections included Azuki, which saw a 251.55% increase in sales, reaching $14.88 million. Despite a slight decline, Pudgy Penguins accumulated $7.79 million in sales. Bitcoin NFTs, categorized as BRC-20, made a significant impact, securing third place with $7.6 million in sales. While Ethereum leads the market, the rising popularity of Bitcoin NFTs and Solana’s contraction signal an evolving NFT ecosystem marked by growing buyer participation and shifting trends in digital economies.
FAQs
Which blockchain dominated NFT sales during this period?
Ethereum led the NFT market with $74.61 million in sales, reflecting a 30.40% week-over-week increase in activity.
What was the performance of Bitcoin NFTs?
Bitcoin NFTs saw $27.5 million in sales, pushing its lifetime total past $5 billion, though its weekly sales declined by 11.43%.
Which NFT collections performed well this week?
Azuki led the sales with $14.88 million, marking a 251.55% increase, while Pudgy Penguins saw $7.79 million in sales, experiencing a slight decline.
What are the broader trends in the NFT market?
Ethereum maintains dominance, but Bitcoin NFTs are rising in popularity, while Solana experienced a sales downturn, indicating shifting dynamics in the NFT ecosystem.
