Sunday Nov 9 2025 00:30
1 min
The Non-Fungible Token (NFT) market experienced a notable downturn over the past week. Overall trading volume decreased by 9.22% to $85.31 million. Additionally, the number of both buyers and sellers significantly declined, suggesting a cooling of general interest in the sector.
Several blockchain networks experienced a decrease in NFT trading volume:
Despite the overall market decline, the past week saw some high-value sales, primarily concentrated in the CryptoPunks collection:
The decrease in trading volume and user engagement suggests a period of correction in the NFT market. It remains to be seen whether this is a temporary setback or the beginning of a longer downward trend. However, the high-value sales involving collections like CryptoPunks are still a testament to the sustained interest in premium NFTs.
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Saturday, 8 November 2025
2 min
Saturday, 8 November 2025
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