NFT sales rebounded sharply in the seven-day snapshot captured on September 26, rising 57.17% from the preceding period to $55.51 million, according to CryptoSlam data. Buyer addresses increased 39.65% to 160,565, while total transactions rose a much smaller 5.93% to 825,513. The weekly increase therefore combined higher sales value with more active buying addresses, but not with a comparable increase in transaction count.
The figures should be treated as a dated snapshot rather than a current reading of the market. The user-provided Dune NFT Market Overview offers a separate view of NFT activity, but the September 26 numbers match CryptoSlam’s reporting. Buyer-address counts also measure wallets rather than verified individual collectors, meaning the 39.65% increase does not establish that the same percentage more people entered the market.
Ethereum and CryptoPunks Led the Weekly Move
Ethereum recorded $30.33 million in NFT sales during the seven-day window, up 113.52% from the previous period and accounting for more than half of the reported global total. The network registered 19,043 buyer addresses, up 40.61%. Ethereum’s increase was substantial, but the collection data shows that activity within the network remained highly concentrated.
CryptoPunks generated $8.24 million from only 85 transactions, making it the highest-volume collection in the snapshot. Courtyard, by contrast, produced $6.56 million across 111,471 transactions on Polygon. Two of the week’s leading collections reached similar dollar totals through radically different trading structures: CryptoPunks through a small number of high-value transfers and Courtyard through extremely high transaction frequency.
That contrast matters when interpreting aggregate NFT volume. High turnover can emerge from a narrow collection or holder base without indicating uniformly stronger demand across the market. A similar concentration effect appeared recently when Hype Terminal generated most of the visible NFT volume on HyperEVM, while Robinhood Chain recorded rising NFT mints and secondary sales across several activity categories. Collection-level concentration and ecosystem-wide participation are separate measurements, even when both contribute to the same headline volume figure.
Weekly Growth Does Not Yet Establish a Market Recovery
The September rebound also followed an unusually volatile sequence. CryptoSlam snapshots showed weekly sales of about $75.54 million on September 5, $46.78 million on September 12 and $37.54 million on September 19 before the September 26 increase to $55.51 million. That four-week sequence shows why a 57% weekly gain is better described as a rebound than evidence of a sustained recovery.
The broader market remains substantially smaller than during its previous cycle, a contraction that has already affected businesses built around NFT activity. Earlier this year, Parsec shut down after a prolonged contraction in DeFi and NFT analytics demand, while Gemini wound down its Nifty Gateway NFT marketplace. A strong trading week can coexist with a market that remains structurally smaller and more concentrated than at earlier peaks.
The September 26 data nevertheless provides a clear short-term signal: dollar-denominated sales, buyer addresses and transactions all increased, with Ethereum and CryptoPunks contributing disproportionately to the value side of the move. What the snapshot does not establish is that liquidity, unique human participation or demand across the NFT long tail expanded at the same rate. Continued weekly data across collections, chains and transaction counts would be needed to distinguish a durable broadening of activity from another short-lived rotation into a small number of actively traded assets.