The non-fungible token market has experienced a short slump this week, marked by a slight fall in trading sales volume and floor price values. In the past seven days, the global non-fungible token market has recorded a trading sales volume of $141 million, down 28% from the previous week. In this article, we shall explore the full state of the global NFT market as well as what collectors and traders should expect in the market in the coming weeks.
NFT Sales Plunge +20% This Week
Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market has slightly plunged in trading sales volume and floor price values. From January 26 to February 01, the global non-fungible token market recorded a trading sales volume of $141 million, down 28% from the past week.
The NFT market has slumped slightly, along with cryptocurrencies, which are typically used to pay for digital assets. The flagship crypto, Bitcoin, is currently -4.37% from its 7-day all-time high price of $107,559 and 3.58% from its 7-day all-time low of $99,303.95. On the other hand, Ethereum is currently -4.53% from its 7-day all-time high of $3,432. Nonetheless, the number of investors buying the NFT market dip has increased by 31% to over 500,000.
Ethereum, the blockchain network renowned in the NFT market for hosting the majority of blue-chip non-fungible token collections, has been the most traded blockchain network in the NFT market. From January 26, 2025, to February 01, 2025, Ethereum-based NFTs recorded a trading sales volume of over $69 million. During this period, the Ethereum NFT trading sales volume plunged by 40% from the past week.
Bitcoin, the blockchain network renowned in the NFT market for powering the popular Runes, BRC-20 and Ordinal collections, is this week’s second most-traded blockchain network. From January 26, 2025, to February 01, 2025, Bitcoin-based NFT collections amassed a trading sales volume of $18 million. During this time, the Bitcoin NFT sales volume plunged by 28% from the past week.
Mythos Chain, a PolkaDot parachain ensuring secure and efficient transactions across the entire Mythos gaming ecosystem, has been this week’s third most-traded blockchain network in the NFT market, taking down the Solana blockchain network. From January 26 to February 01, the Mythos Chain-based NFT series recorded a trading sales volume of $13 million. During this period, the Mythos Chain NFT sales volume has surged by 4.76% from the past week.
Solana, a decentralized blockchain network renowned for hosting a variety of smart contracts for non-fungible token collections, has been this week’s fourth most-traded blockchain network in the NFT market. From January 26 to February 01, the Solana-based NFT collections have raised a trading sales volume of $13 million. During this time, the Solana NFT trading sales volume has fallen by 36% from the past week.
Polygon, an Ethereum scaling solution blockchain network, has been this week’s fifth most-traded blockchain network in the NFT market, reclaiming its dominance from Base. From January 26 to February 01, 2025, the Polygon NFT collections amassed a trading sales volume of $8.6 million. During this time, the Polygon NFT trading sales volume surged by 130% from the past week, closing our five top-traded NFT blockchain networks this week.
Top Selling NFTs In The Past Days
1. Pudgy Penguins NFT Collection
Pudgy Penguins, a non-fungible token collection from the digital asset firm Igloo Inc. featuring a fixed supply of 8,888 cute penguin cartoon birds hosted on the Ethereum blockchain network, is this week’s top most-selling NFT collection in the NFT market. From January 26 to February 01, the Pudgy Penguins recorded a trading sales volume of $14 million. During this period, the Pudgy Penguins NFT trading sales volume has surged by 32% from the past week.
2.DMarket NFT Collection
DMarket, a non-fungible token collection that represents in-game virtual items of popular online games like Counter-Strike, Rust, and Dota 2, is this week’s second most-selling NFT collection in the NFT market. From January 26 to February 01, 2025, the DMarket NFT collection raised a trading sales volume of $8.5 million. During this time, the DMarket NFT trading sales volume has surged by 8.39% from the past week.
3. Courtyard NFT Collection
Courtyard, a non-fungible token collection from Courtyard.io, a first-of-its-kind marketplace that enables anyone to easily own and trade physical cards on the blockchain, featuring a limited set of 87,777 digital items stored on Polygon, is this week’s third most traded NFT collection in the NFT market. From January 26 to February 01, the Courtyard NFT collection recorded a trading sales volume of $7 million. During this time, the Courtyard NFT trading sales volume has surged by 206% from the past week.
4. Azuki NFT collection
Azuki, a globally acknowledged non-fungible token collection from the digital asset firm Chiru Labs featuring a limited set of 10,000 anime-themed NFTs hosted on the Ethereum blockchain network, is this week’s fourth most traded NFT collection in the NFT market. From January 26 to February 01, the Azuki NFT collection has amassed a trading sales volume of $7 million. The Azuki NFT sales volume has plunged by 75% from the past week.
5. CryptoPunks NFT Collection
CryptoPunks, another globally acknowledged non-fungible token collection featuring a limited edition of 10,000 pixilated NFTs previously from the digital asset firm Larva Labs but now managed by Yuga Labs, is this week’s fifth most-selling NFT collection in the NFT market. From January 26 to February 01, the CryptoPunks NFT collection has recorded a trading sales volume of $5.9 million. During this time, the CryptoPunks NFT sales volume has plunged by 33% from the past week.
6. Guilds Of Guardians Heroes
Guild of Guardians Heroes, a renowned non-fungible token collection from Guild of Guardians, a multiplayer, action, mobile fantasy role-playing-game that allows players to role-play as heroes and go through dungeons to gather resources, is this week’s sixth most-selling NFT collection in the NFT market. From January 26 to February 01, the Guild of Guardians Heroes NFT collection has raised $5.6 million. During this time, the Guild of Guardians Heroes NFT sales volume has surged by 13.51% from the past week.
7. Lil Pudgy NFT Collection
Lil Pudgy, another non-fungible token collection from the digital asset firm Igloo Inc. featuring a fixed edition of 22,222 cute penguin cartoon birds hosted on the Ethereum blockchain network, is this week’s seventh most-selling NFT collection in the global NFT market. From January 26 to February 01, the Lil Pudgy NFT collection recorded a trading sales volume of $5.1 million. During this period, the Lil Pudgy NFT trading sales volume has surged by 50% from the past week.
8.?? BRC-20 NFT Collection
$??, a renowned non-fungible token collection created on the Bitcoin blockchain network using the BRC-20 protocol, is this week’s eighth most-selling non-fungible token collection in the global NFT market. From January 26 to February 01, 2025, the $?? BRC-20 NFT collection has recorded a sales volume of $4.5 million. During this period, the $?? BRC-20 NFT trading sales volume has surged by 29% from the past week.
9. Milady Maker NFT Collection
Milady Maker, a renowned non-fungible token collection from the digital asset incubation studio Remilia featuring a fixed set of 10,000 NFTs hosted on the Ethereum blockchain network, is this week’s ninth most-traded NFT collection in the NFT market. From January 26 to February 01, the Milady Maker NFT collection has amassed a trading sales volume of $3 million. During this time, the Milady Maker NFT sales volume has plunged by 71% from the past week.
10. Mad Lads NFT Collection
Mad Lads, a non-fungible token collection from the Solana infrastructure development project Backpack featuring a fixed set of 10,000 NFTs hosted on the Solana blockchain network, is this week’s tenth most-selling NFT collection in the NFT market. From January 26 to February 01, the Mad Lads NFT collection has raised a trading sales volume of $2.6 million. During this time, the Mad Lads NFT sales have plunged by 71% from the past week.
Top NFT Sales Made This Week
CryptoPunks #5473 is the most expensive non-fungible token collection sold this week, selling for $571,671 eight hours ago. LED NFT #4091 is the second most expensive non-fungible token collection sold this week, selling at $49,000 seven days ago. Wushi #47 is the third most expensive non-fungible token collection sold this week, selling for $42,680 five days ago. Bored Ape Yacht Club #8179 is this week’s fourth most costly NFT, selling for $31,135 five days ago. NFTs are predicted to surge in the coming weeks and probably retest another bull run more massive than the historic 2021 bull run.
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