NFT sales continued their downward slide this week, falling 5.3% to $100.9 million despite a broader crypto market that showed minor signs of recovery. While Bitcoin crept up to $84,000 and Ethereum held firm at $1,900, the NFT market couldn't escape bearish sentiment, particularly on major networks like Bitcoin and Ethereum.

According to data from CryptoSlam, the overall NFT sales volume slipped from $106.5 million to $100.9 million. However, activity within the ecosystem suggested a different story. Buyers surged 70.97% to 350,146, and sellers climbed 68.57% to 225,465, suggesting that participation in the market is heating up despite the overall slump in sales.

Bitcoin NFTs were hit the hardest, falling a staggering 30.69% to $16.3 million in sales volume. Still, the network saw buyer activity rise sharply by 63.67% to 31,251, indicating increased interest even in the face of declining dollar value.

Ethereum NFTs also struggled, logging a 13.03% drop to $27.7 million. However, similar to Bitcoin, buyer engagement grew 42.17% to 44,850. The Ethereum network also saw a slight improvement in market integrity, with wash trading down by 6.53% to $2.8 million.

Other blockchains showed mixed results. Mythos Chain bucked the trend with a 3.12% gain to reach $15.6 million in weekly sales, holding on to third place. Polygon followed in fourth with a 5.81% dip to $13.3 million, while Solana completed the top five with a 5.25% decrease to $9.4 million.

In the rankings of top NFT projects, Courtyard held the crown with $11.5 million in sales, despite a 6.95% dip. The Polygon-based project witnessed a healthy rise in transaction volume, up 4.76% to 100,285.

DMarket took second place with $10.4 million in sales, a 4.44% increase, and a whopping 333,211 transactions — the highest among all projects. Guild of Guardians Heroes remained strong in third place, growing 159.46% to $5.6 million.

Good Vibes Club posted one of the week's most impressive rises, soaring 264.67% to $4.0 million. Meanwhile, BRC-20 NFTs saw a steep drop of 43.57% to $3.2 million, and CryptoPunks slipped to sixth place with $2.6 million, a decline of 15.52%.

Despite the broader market downturn, notable high-value sales still took place. A rare CryptoPunk (#6634) fetched $431,243 (222.5 ETH), leading the list of top individual NFT trades. Azuki #641 changed hands for $209,021 (110 WETH), while three Autoglyphs sold for between $188,000 and $198,000 each.

Though sales figures show a market in retreat, the underlying participation metrics suggest that user interest is still robust — and possibly growing. This divergence may signal an upcoming inflection point for the NFT space, especially if crypto prices continue their slow climb upward.