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Crypto

NFT Weekly Sales Rebound 57% to $55.5M as Analysts Debate Recovery

Global NFT sales reached about $55.5 million in the seven days to Sept. 26, up 57.17% from $37.54 million the prior week, CryptoSlam data show. Ethereum accounted for over half at $30.33 million, with CryptoPunks the top collection at $8.24 million across 85 sales. Meme-coin trader Ansem said Sept. 28 he is optimistic about an NFT comeback, while Dragonfly’s Haseeb Qureshi argues the 2021 cycle will not return.

Original source

AI take

The rebound is real but narrow: Ethereum and a single blue-chip collection, CryptoPunks, drive most of it, so this reads more like a concentrated bid for established names than broad-based demand. The split between Ansem's comeback call and Qureshi's structural skepticism captures the core uncertainty — whether this is rotation back into NFTs or a one-week bounce. The open question is whether volume broadens beyond Ethereum and top collections in the weeks ahead, which would signal a genuine shift rather than a temporary spike.

Generated by AI for reference only.

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