This week, NFT transaction volume fell 9.22% to $85.31 million, with both the number of buyers and sellers dropping by over 95%.

The NFT market saw a 9.22% drop in transaction volume to $85.31 million over the past week, with the number of buyers plummeting by 96.75% and the number of sellers decreasing by 95.05%. Major networks such as Ethereum and Base experienced double-digit declines in transaction volume, but there were still high-priced transactions recorded for CryptoPunks.