NFT Sales Jump 22% to $107 Million as Pudgy Penguins Make a Comeback

May 3, 2025 stocks24

The NFT market is witnessing a strong recovery, with sales volume increasing by 22.43% to reach $107.1 million.

According to data from CryptoSlam, the number of NFT buyers has surged by 33.82%, totaling 523,950, while sellers have risen by 20.75% to 269,713. Additionally, NFT transactions have experienced a 22.68% growth, reaching 1,711,931.

This resurgence aligns with Bitcoin’s (BTC) price rebounding to the $96,000 level. At the same time, Ethereum (ETH) has gained 1.6% in the past week, currently around $1,800. The global cryptocurrency market capitalization has increased to $3 trillion, up from $2.97 trillion last week.

Ethereum Retains Its Leadership

Ethereum continues to dominate blockchain NFT sales, generating $26.3 million, which marks a 10.03% increase from the previous week. Furthermore, Ethereum’s wash trading has decreased by 13.89% to $3.1 million.

Polygon (POL) has emerged in second place, reporting $19.8 million in sales, reflecting a remarkable 102.45% spike. Mythos Chain holds third place with $14.5 million, despite its sales declining by 3.93%. Bitcoin is in fourth with $13.5 million, showing a 7.18% drop.

NFT sales jump 22% to $107m, Pudgy Penguins recover - 1 — Source: Blockchains by NFT Sales Volume (CryptoSlam)

BNB (BNB) Chain has entered the top five, achieving $9.5 million in sales, a significant 160.48% increase. Solana (SOL) rounds out the list with $9.2 million, showing a modest growth of 3.45%.

Regarding collections, Courtyard on Polygon has reclaimed the top position with $17.3 million in sales, reflecting a substantial 98.93% increase. This collection saw a surge in transactions by 91.39% and a rise in buyers by 91.91%.

DMarket remains in second place with $9.4 million in sales, a decline of 5.04%. Guild of Guardians Heroes has climbed to third with $5.5 million, a notable increase of 52.08%.

DKTNFT on BNB Chain ranks fourth with $4.8 million, demonstrating astonishing growth of 334,637.93% in sales and 37,525% in transactions.

CryptoPunks has slipped to fifth place with sales totaling $3 million, marking a decrease of 16.73%. The collection has seen declines across all metrics, including transactions (18.42%), buyers (58.82%), and sellers (46.15%).

Pudgy Penguins showcases signs of recovery in seventh place with $2.4 million in sales, indicating a 65.87% increase. The collection recorded a rise in transactions (24.10%) and sellers (28.07%), though the number of buyers remained stable.

This week’s noteworthy high-value sales include: