NFT Sales Drop 23% to $40.9 Million While Panini Jumps 557%

Global NFT sales declined 23.48% over the past seven-day period to $40.88 million, according to data from CryptoSlam, down from approximately $53.42 million previously. Despite the drop in dollar volume, buyer addresses rose 28.79% to 206,788, while total transactions increased 8.44% to 863,295. Seller addresses also grew by 31.99% to reach 197,297 during the week ending Oct. 3.

Blockchain Performance

Ethereum led blockchain sales with $17.08 million, representing a 42.01% weekly decline, while its buyer count increased 57.75% to 30,041. Polygon followed in second place with $8.21 million in sales, marking a 12.89% increase, and recorded $22.98 million in wash trading. Bitcoin ranked third with $3.83 million in sales, down 25.56%.

Panini recorded the most notable surge among blockchains, jumping 557.53% to $1.87 million with 743 buyer addresses. Base ranked fourth with $2.25 million in sales, followed by BNB Chain with $2.16 million, Immutable with $2.12 million, and Solana with $1.95 million.

Collection Leaders

Courtyard retained the top position among NFT collections, generating $7.31 million in sales on Polygon, a 15.11% increase. Ethereum-based Credits ranked second with $2.22 million, followed by CryptoPunks with $1.97 million and Panini America in fourth place with $1.87 million. The five highest-value individual transactions during the period all occurred on Ethereum, led by a Beeple Special Edition #100020001 sale for $436,153.94 paid in USDC.

Key facts

• Global NFT sales fell 23.48% week-over-week to $40.88 million.
• Buyer addresses rose 28.79% to 206,788, and transactions increased 8.44% to 863,295.
• Ethereum led blockchain sales with $17.08 million despite a 42.01% decline.
• Courtyard topped collections with $7.31 million in sales on Polygon.
• Panini recorded a 557.53% surge to reach $1.87 million in sales.