The NFT market continues to show remarkable growth, with sales increasing by 10.95% compared to the previous week, marking the second consecutive week of gains. Despite a significant drop in the number of buyers by 76.7%, blockchain-based digital collectibles achieved a substantial $141.73 million in sales.

### Trends in the NFT Market: Bitcoin and Ethereum Dominate Sales Volume

In the recent week, NFT sales witnessed a notable rise of 10.95%, amounting to $141.73 million in digital collectible sales. The highest-priced NFT sold during this period was an Ethereum Name Service domain name, fetching an impressive $587,194 just five days ago. Following closely was the sale of Protoshroom #6, which garnered $237,373. Additionally, Polygon's TTAvatars #1280003 fetched $100,500 three days ago, adding to the market's momentum.

The top-performing digital collectible collection based on sales volume this week was Pizza BRC20 NFTs, recording an impressive $22.02 million in sales. Immutable's Guild of Guardians followed closely, generating $8.3 million in sales. Pizza BRC20 NFTs witnessed an astounding surge of 561.67% in sales compared to the previous week, while Guild of Guardians experienced a healthy 31.61% increase. Ethereum Name Service (ENS) secured the third position with $5.44 million in sales.

ENS domain name sales observed a significant surge, rising by an impressive 1,587.02% from the previous week. Despite numerous ENS sales, Bitcoin emerged as the leader in NFT sales volume for the week, totaling $43.53 million, reflecting a 31.84% increase. Ethereum closely followed with $40.97 million in NFT sales, marking a 17.75% rise. Although Polygon ranked third with $17.51 million in NFT sales, its sales volume experienced a slight decline of 6.82%, as per data from cryptoslam.io.

The steady growth and diverse performance across various NFT collections and platforms highlight the resilience and vibrancy of the NFT market. Despite fluctuations in buyer numbers and specific platform sales, the overall trajectory remains positive, signaling ongoing interest and investment in digital collectibles. As the NFT ecosystem continues to evolve, these trends offer valuable insights into market dynamics and opportunities for creators, collectors, and investors alike.