TechFlow news, according to Cryptoslam.io data, NFT trading volume dropped by 12.26% last week, totaling $463.87 million. The number of NFT buyers increased by 72.05%, while the number of sellers rose by 56.61%.
Despite a 13.71% decline from the previous week, Bitcoin-based NFTs led with a weekly trading volume of $265.61 million, accounting for 57.25% of all NFT trading volume last week. Solana-based NFTs ranked second with $88.42 million in trading volume, pushing Ethereum-based NFTs down to third place with $75.91 million.
Among the top ten major NFT collections by trading volume over the past week, nine were based on Bitcoin. The Solana-based NFT collection Open Solmap ranked fifth with $10.24 million in weekly trading volume.
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