NFT market sends mixed signals: Buyers show up, but spending is down

Sales are down, and purchases are up in the non-fungible tokens (NFT) market. Over the past seven days, CryptoSlam has shown that NFT sales volume has decreased by 7.87% to about $99.9 million. NFT buyers have increased by 24.38% to 560,845. NFT sellers are also up 15.66% to 327,295. Overall transactions are down 9.12% to about 1.44 million. You might also like: Shiba Inu price prediction in April: Return of the dog memes soon? Ethereum NFT sales plummet The Ethereum ( ETH ) blockchain maintains its dominant position with $25 million in sales, down over 21.3% from last week. That being said, Ethereum maintained its top position. See below. Polygon ( POL ) has secured second place with $16.9 million in sales volume, a 6.16% decrease. Bitcoin ( BTC ) is third with $16 million, with a 12% drop in NFT sales volume. Mythos Chain ranks fourth with $13.8 million in sales, experiencing a slight 1% increase from the previous week. Solana ( SOL ) sales increased over 16% to $9.9 million. In terms of collections, Courtyard on Polygon has taken the top spot with $15 million in sales and a 4.26% decrease. DMarket is still in second place with $8.6 million, up 1.95% from last week. Guild of Guardians Heroes saw a notable decline, with sales plummeting over 48%. The same goes for CryptoPunks, which saw sales decline by over 43.6% to $3.56 million. Read more: Pi Network price goes parabolic as wedge pattern activates