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Home » NFT » NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound
NFT

NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound

Crypto Observer StaffBy Crypto Observer StaffJune 1, 2025No Comments2 Mins Read
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Non-Fungible Token (NFT) sales remained claimant to the top position by the Courtyard on the Polygon network with $11.47M made from 104,970 transactions. Nevertheless, total sales fell by 32.09%, and the transaction count decreased by 20.42%. Buyer activity was down 26.88%, and seller activity rose 133.93%.

Next, was DMarket on Mythos for $8.19 million weekly volume. Sales were down 6.71% on the year and down 7.76% in transaction count. There was broad contraction across key metrics, with the number of active buyers dropping by 13.85%; sellers falling by 15.90%.

STRAT Option and Good Vibes Club Show Exceptional Growth

The Ethereum-based STRAT Option collection quickly added volume, rising to $4.79 million in the last seven days. This resulted to an increase of 18,945,794%, in transactions (2300%) and buyers (1900%). Although with high metrics, it had only one seller, indicating it was a very held collection or a singular trade of high value.

Good Vibes Club also soared, with volume rising 200.54% to $2.39 million. There were 282 buyers and 378 sellers and the collection included 842 transactions. Double and triple digit increases across all key metrics are indicative of a resurgence in Ethereum based NFTs as traders and speculators reenter the space.

Established NFT Collections experienced Sharp Losses

Several top tier collections had noteworthy weekly declines. Bitcoin ($BTC) based BRC–20 NFTs saw a 39.09% drop back down to $3.84 million in sales, with transactions down 25.02% and buyers down 30.91%. In comparison, Ethereum’s CryptoPunks had 23 sales total, reporting a 5.51% drop in sales but a whopping 43.48% drop in buyers.

Transaction volume and user activity on the secondary Guild of Guardians collection and Bad Bunnz also decreased. The total sales for Bad Bunnz also increased by 244.41% to $1.41 million, but transaction numbers fell by 66.64% to 4,775, while its buyer count dropped by 64.88% to 575 which implies that it recorded a higher average value per trade.

However, the overall data shows mixed performance across NFT collections with a few doing very well in the sea of duds despite overall user engagement declines.

Read the full article here

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