The NFT market recently experienced a notable drop in activity, according to PANews, with transaction volumes shrinking by 9.22% to $85.31 million in the past week. This decline was accompanied by a significant decrease in both buyers and sellers. The number of buyers plummeted by 96.75%, reaching only 20,349 individuals, while seller numbers dropped by 95.05% to 23,241. Transaction volumes also saw a 4.21% decrease, totaling 1,405,561. This decline was observed across all major networks, including Ethereum ($33.42 million, down 14.97%), Base ($7.25 million, down 27.35%), and Mythos Chain ($7 million, down 11.3%). Notable high-value transactions during the week included several CryptoPunks sales: #8295 sold for $196,275.14 (54.69 ETH), #5361 for $173,369.70 (45 ETH), #5295 for $165,743.73 (49.99 ETH), #9537 for $160,023.86 (41.5 ETH), and #2845 for $151,059.23 (39 ETH).