NFT weekly sales rise 12% to $43.77 million as Blast jumps 306,341%

The non-fungible token market expanded in value while participation fell sharply, leaving sales and user activity moving in opposite directions over the week. As of Oct. 13, weekly NFT sales totaled $43.77 million, up 12% from the previous week, according to NFT data platform CryptoSlam. Transactions fell 18.4% to 669,966. Buyers dropped 68.4% to 72,119, while sellers declined 74.2% to 54,795. Ethereum ranked first among NFT blockchains by weekly sales, with $19.87 million in NFT sales, up 15.9% from a week earlier. Buyers totaled 8,227. Polygon ranked second with $8.75 million in sales, up 3.7%, and 18,437 buyers.

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