NFT Sales Drop 26% Following Bullish Week, CryptoPunks Dominant

ccn.comPublicado em 2025-08-07Última atualização em 2025-08-11

Key Takeaways
  • NFT sales volumes have surpassed $165 million in the past 7 days.
  • A CryptoPunk NFT was sold for more than $2.5 million last week.
  • NFTs have recorded over $71.5 billion in lifetime sales volumes since 2017.

The non-fungible token (NFT) market has seen a steep decline in sales volumes following a bullish uptick in interest in crypto’s digital collectibles.

With CryptoPunks and others drawing in millions over the past month, are NFTs finally back in action?

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NFT sales volumes have shrunk 26% in the past 24 hours after a weeklong bull run saw a week-on-week increase of 20% (roughly $33 million) for the digital collectibles market.

NFT sales volumes drop. | Source: CryptoSlam.

The CryptoPunks collection, which some believe will outperform Ethereum (ETH) this cycle, relished a sturdy 9.94% increase in sales volumes over the past week, amounting to $20.36 million with a 43% increase in buyers.

Courtyard, a platform that tokenizes physical, graded copies of cards from various trading card games (TCGs) such as Pokémon and Magic: The Gathering (MTG), tallied a massive 24% gain over the past week, recording $14.8 million in sales across 11,203 buyers and 178,456 transactions.

The Bored Ape Yacht Club (BAYC) also relished in sturdy gains last week, jumping a modest 1.17% to just over $6 million, a 52% increase in transactions, and a 47% increase in buyers.

In Recovery?

Looking at the bigger picture, NFT sales volumes, buyers, and sellers have continued on a sustained downward slope following their 2021/2022 highs, which reinforces the bearish narrative that NFTs are “dead”.

NFT markets over the years. | Source: CryptoSlam.

However, with the recent uptick in crypto markets, namely Ethereum (ETH), digital collectibles have seen a modest 1.56% increase in sales volumes in the past 30 days, which is coupled with a 35% increase in trade profit at $5.7 million.

Looking a little deeper, the average NFT sale price has also increased in the past 30 days. In fact, it’s jumped 99.96% to $105, suggesting that floor prices are also on the up.

That said, CryptoPunks sales are disproportionately affecting these figures with a $2.5 million sale last week, and more than a dozen others selling for anywhere between $250,000 and $500,000.

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