Weekly NFT volume rise like ~11–12% to ~69M$ as buyers surge; Ethereum dey lead

Published: 2025-12-21 01:42:11 |

NFT market activity bounce back last week, total weekly volume don raise about 11–12% to roughly $69 million, main reason na wetin push am na renewed demand for Ethereum. CryptoSlam data show say buyer count jump ~50% to ~231k and sellers climb ~43–45% to ~165k, while transactions dey flat or small increase. Ethereum-led NFT sales surge (around $28M; increases reported between ~36% and ~46%), some trades even flag as wash trading. Top chains by volume include BNB Chain (~$8.7–9.6M), Bitcoin-based NFTs (~$7.4M), Polygon (~$4.1–4.7M), Solana (~$4M), Mythos (~$3.2M), Immutable (~$3.2M) and Base (~$2M). Big sales reported: Wrapped Ether Rock #38 (90 ETH, ~$265.6k), Beeple Spring Collection #100100001 (60 ETH, ~$186.5k), one $X@AI BRC-20 NFT (~1.7951 BTC, ~$160.3k), Autoglyphs #192 (55 WETH, ~$156.3k) and CryptoPunks #5133 (44.99 ETH, ~$131.2k). Market context: spot crypto prices soften (BTC around $88k; ETH under $3k) and total crypto market cap slight slip. For traders: the pickup in NFT volume and big increase in buyer participation — wey concentrated for Ethereum — signal better liquidity and renewed speculative demand for NFTs, but presence of wash trades and mixed chain performance (BNB underperform) mean make una dey careful when sizing positions.

Bullish

Di combine report dem show say demand and liquidity for NFT don increase well-well, especially for Ethereum. Weekly volume roughly up 11–12% and buyer counts jump about 50% usually fit push short-term positive price pressure for NFT-related tokens and ETH (cos marketplace activity and on-chain demand dey rise). More high-value sales still show say collectors/speculators don dey interested again. But make una note — wetin look like wash trading don show, chain performance mixed (BNB weak), plus spot crypto prices soft — these things dey limit how strong and how long the impact go last. Short-term: e likely go boom NFT floor prices and demand-sensitive assets (and small support for ETH) as traders chase liquidity and listings. Long-term: unless broader macro/crypto price recovery and real organic demand hold up, the effect fit fade, so outlook dey depend on follow-through in the next weeks.