The NFT market recently experienced a notable decline in trading volume over the past week, according to data from CryptoSlam. Weekly trading volume dropped by 22.65%, reaching $104.5 million. This marks one of the largest weekly declines seen recently. Despite this drop, the number of new buyers increased by 14.89% to 622,535, and sellers rose by 16.25% to 447,821. However, total NFT transactions decreased by 3.07%, falling to 1,699,318. Ethereum’s trading volume saw a decline of 29.88% this week, reaching $37.7 million. Polygon network experienced a 17.43% drop to $15.7 million, and Mythos Chain slightly decreased by 1.73%, with $10.1 million in volume. BNB Chain saw a decline of 23.59% to $9.5 million, while Bitcoin network trading volume fell by 32.40%, reaching $7.8 million. Finally, Solana’s trading volume decreased by 6.81% to $5.1 million. The week’s highest-value sales included the CryptoPunks #5898 sale for 100 ETH ($445,786), CryptoPunks #843 for 90.1 ETH ($403,268), CryptoPunks #9721 for 81 ETH ($361,995), CryptoPunks #490 for 80 ETH ($345,757), and Known Origin #88512 for 70 ETH ($307,384). #BTC #MATIC #BNB #ETH #NFT