Weekly NFT sales fall 11% to $34.95 million as Base gains 29%

Weekly NFT sales declined as buyer and seller counts fell sharply. Most major blockchains recorded lower sales, while Base posted growth and Alchemix V3 Transmuter recorded the highest individual sale. Participation contracted faster than sales volume across the NFT market. Base's growth stood out against declines across most leading blockchains. As of November 10, weekly NFT sales totaled $34.95 million, down 11% from the previous week. Transactions fell 20% to 699,319. Buyers dropped 91% to 20,610, while sellers declined 92% to 17,256. Ethereum ranked first among blockchains by weekly NFT sales, with $11.99 million, down 3.14%. It recorded 1,242 buyers. Polygon ranked second with $8.49 million in sales, down 7.60%, and 5,762 buyers. Bitcoin followed with $4.80 million, down 34%, and 736 buyers.

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