More addresses traded NFTs, but dollar spending declined. The weekly figures show a sharp divergence between collectible cards and CryptoPunks.
More addresses traded NFTs, but they generated less dollar volume. The CryptoSlam snapshot published by crypto.news on October 3 put sales for the seven-day period ending on that date at $40.88 million, down 23.48%. Buyer addresses moved the other way, rising 28.79% to 206,788.
Transactions also increased, climbing 8.44% to 863,295. Dividing reported sales by the transaction count gives an average of roughly $47.35. That figure reflects the mix of NFTs traded; it does not measure how much the price of any individual collection changed.
Addresses are not individual people. One person can use several wallets. Sales volume is not net new money entering the market either, because an asset can change hands more than once. Our NFT market analysis explains why buyer distribution and trading activity need to be examined together.
Collectible cards buck the decline
Courtyard, on Polygon, grew sales by 15.11% to $7.31 million despite the broader decline. It represented about 18% of the global total. Panini America rose 557.53% to $1.87 million, although its much faster percentage growth still left its dollar volume at roughly a quarter of Courtyard’s.
| Collection | 7-day sales | Weekly change |
|---|---|---|
| Courtyard | $7.31 million | +15.11% |
| Credits | $2.22 million | −56.92% |
| CryptoPunks | $1.97 million | −76.09% |
| Panini America | $1.87 million | +557.53% |
Source: CryptoSlam’s seven-day collection rankings dated October 3, reproduced by crypto.news. Dollar amounts are rounded.
Courtyard links its digital collectibles to physical cards held in storage. Under the company’s redemption terms, users requesting a physical card complete identity checks and pay shipping charges and taxes; the corresponding digital token is burned. Delivery has legal and logistical restrictions, so worldwide redemption is not an unconditional promise to ship everywhere. Checking the rights an NFT provides matters alongside its trading figures.
CryptoPunks offered a contrast. Its volume fell 76.09%, with just 21 transactions generating $1.97 million. Courtyard recorded 125,802 transactions. The gap illustrates how very different trading patterns can sit behind the same sales-volume measure.
Ethereum leads, while Polygon tells a different story
Ethereum remained the leading blockchain with $17.08 million in sales, despite a 42.01% weekly fall. Polygon ranked second at $8.21 million, up 12.89%. Bitcoin-based NFT sales declined 25.56% to $3.83 million.
Polygon’s figures also require a distinction between columns: CryptoSlam separately classified $22.98 million as wash trading. Adding that amount to the $8.21 million sales figure and presenting the result as genuine demand would blur the distinction the dataset makes. Ethereum’s separate wash-trading figure was approximately $909,000.
The weekly picture does not support a uniform NFT recovery. Card collections expanded while some established collections lost volume, and a rise in buyer addresses did not offset that divergence. We track collection and marketplace developments in our NFT news coverage.
