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After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69% over the seven-day period. The total number of NFT transactions was just over 1 million, which is a notable 36.93% drop from the previous week.
September NFT Sales Struggle With 7.69% Drop
According to cryptoslam.io, sales took a 7.69% step back this week, clocking in at $82.31 million. Ethereum NFTs saw sales of $30.92 million, just 0.92% less than the week before. Solana wasn’t as lucky, with $14.23 million in sales—a sharp 25.16% decline—but it held onto second place. In third, Bitcoin-based NFTs managed $10.9 million, which was down 20.18% from the prior week.
Leading the pack in NFT sales this week was Ethereum’s Cryptopunks collection, raking in $4.92 million over seven days—though that’s 9.24% less than last week. In second place, Immutable X’s Guild of Guardians secured $3.2 million in sales. Not far behind, BNB’s Luxemarathoner collection sprinted to third with $2.6 million, boasting an eye-popping 4,441.73% gain.
The priciest NFT of the week? A Cryptopunk #6,915, which changed hands for a cool $1.46 million just two days ago, according to cryptoslam.io. The runner-up was Arbitrum’s GETH Locked Deposit, fetching $419K three days ago. Rounding out the top three, a Bitcoin-based Ordinal Maxi Biz went for just over $80K two days ago.
The recent performance of NFTs reflects an ongoing shifting market dynamic, where even top collections experienced mixed results. As the NFT landscape evolves, these fluctuations may signal broader trends in digital asset engagement, with collectors and investors alike adjusting to the latest changing conditions. The resilience of certain collections suggests that interest in NFTs remains, albeit with cautious optimism.
What do you think about the NFT sales during the first week of September? Share your thoughts and opinions about this subject in the comments section below.