The NFT market faced a 33.73% decrease in sales, totaling 119.49 million USD. Noteworthy declines in buyers (95.33%) and sellers (94.06%) were recorded, with Ethereum-based NFTs hitting 62.71 million USD in sales, a 38.41% drop. However, Polkadot’s Mythos showed resilience with 13.97 million USD in sales.
Sales on Solana fell by 32.56% to 11.09 million USD, whereas Polygon witnessed a slight increase, reaching 8.13 million USD. Despite the downturn, some collections like Mythos and the Pudgy Penguins maintained notable sale figures, reflecting varying trends across different platforms.
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