The non-fungible token market faced renewed pressure as weekly sales across multiple blockchains dropped 19.61% to $32.05 million in the seven-day period ending November 7, 2026. CryptoSlam data reveals a sharp contrast: while sales volume contracted, seller addresses surged 21.34% to 247,206 and buyer addresses reached 268,887.
Ethereum Leads in Sales Volume, Polygon Tops Buyer Counts
Ethereum maintained its position as the top blockchain by NFT sales, generating $12.82 million in volume, up 5.80%. That value gain aligned with rising interest on the main network, where buyer addresses climbed 12.99% to 39,868.
Polygon trailed in second place with $8.95 million in volume, down a modest 0.48% from the previous week. While its transaction value sat below Ethereum, Polygon dominated user participation with 58,401 buyer addresses - far outpacing Ethereum.
The combined volume of Ethereum and Polygon captured 67.92% of the global NFT market share, leaving other blockchains far behind. Most other leading chains saw volume declines: BNB Chain tumbled 21.79% to $3.22 million, and Immutable fell 16.67% to $2.30 million. Conversely, Base recorded a 29.82% surge to collect $1.95 million, while Solana gained 4.15% to reach $1.24 million.
Delaware Vault-Secured Physical Cards Capture Quarter of the Market
At the project level, conventional digital collections no longer held the top spot. Courtyard’s physical card collection led the global market with $8.18 million in total sales, up 0.56% across 147,227 transactions. This achievement saw Courtyard capture 25.53% of the worldwide NFT market while accounting for 91.40% of total trading volume on Polygon.
Courtyard operates a custom redemption system: NFT holders can redeem digital tokens for authentic physical collectible cards. These physical cards are kept securely in a Delaware vault, and holders can redeem them at any time by covering shipping fees to their destination address.
Second place went to Alchemix V3 Transmuter, which skyrocketed 21,429% to book $1.61 million in sales. Uniquely, this massive percentage spike did not stem from high-volume trading, but from just nine transactions. The sale of Transmuter #260 was the primary catalyst after changing hands for $1,040,654, equivalent to 454.667 WETH.
Blur Exchange Shutdown and Liquidity Pressure
The downturn in global NFT volume comes ahead of the scheduled closure of the Blur marketplace website on November 12, 2026. Alongside the web portal shutdown, new loan matching on the Blend protocol has also been halted.
For NFT market participants, these developments signal a consolidation phase: weekly liquidity has shriveled to around $32 million amid major platform closures, while buyer interest has concentrated on physically backed assets and high-value single transactions.
Reported via crypto.news.
Also read: What Is an NFT and How Does It Work?
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
