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NFT Market Defies Gravity: Sales Surge 10.6% to $115M as Doodles Go Parabolic (+500%)

NFT Market Defies Gravity: Sales Surge 10.6% to $115M as Doodles Go Parabolic (+500%)

Published:
2025-05-11 16:30:00
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Blue-chip NFTs shake off bear market dust as collectors rush back—proving once again that digital apes and cartoon doodles somehow still move faster than your bank’s wire transfer department.

Doodles lead the charge with a 500% rally, leaving traditional finance bros scratching their heads and muttering about ’valuation frameworks.’ Meanwhile, Ethereum gas fees quietly eat into profits like a hedge fund manager’s 2-and-20.

The takeaway? In crypto, even the jpegs moon when liquidity sloshes back in—just don’t ask about the utility.

Ethereum NFT sales surge 54%

Ethereum has strengthened its position with $37.5 million in sales, which surged by 54.17% from the previous week. Ethereum’s wash trading has also increased by 50.24% to $4.9 million.

Polygon (POL) maintains second place despite an 8.08% drop in sales to $19.1 million. Mythos Chain holds third place with $15.6 million.

NFT sales rise 10.6% to $115m, Doodles rally 500% - 1

Source: Blockchains by NFT Sales Volume (CryptoSlam)

Bitcoin sits in fourth place with $14 million, up 4.65% from last week. solana (SOL) rounds out the top five with $7.9 million. This is a 5.71% decrease in sales volume.

The buyer count has decreased across all major blockchains and Bitcoin saw the largest drop at 86.99%. Solana followed this at 86.51% and Mythos Chain at 76.68%.

In collection rankings, Courtyard on Polygon remains the market leader with $17.4 million in sales. The collection’s seller count has dropped by 42.18%.

DMarket holds second place with $10.5 million, up 4.59%. Guild of Guardians Heroes remains in third with $5.6 million and has shown a 15.44% increase.

The most notable change in the rankings involves Doodles, which has entered the top five at fourth place with $5.6 million in sales, a 490.68% increase in the last seven days.

The collection has grown across all metrics, with transactions up 769.68%, buyers up 618%, and sellers up 469.57%. The surge is likely due to the launch of their native token DOOD.

lift off.

CA: DvjbEsdca43oQcw2h3HW1CT7N3x5vRcr3QrvTUHnXvgV pic.twitter.com/ohRp4HtM35

— doodles (@doodles) May 9, 2025

CryptoPunks has moved up to fifth place with $3.5 million in sales. The collection has experienced increases in transactions (18.52%), buyers (83.33%), and sellers (15.79%).

Notable high-value sales from this week include:

  • Known Origin #30101 sold for 410,532.5625 USDC ($410,532)
  • CryptoPunks #7261 sold for 150 ETH ($274,119)
  • Mutant Ape Yacht Club #30001 sold for 194,815.0469 USDC ($194,815)
  • Mutant Ape Yacht Club #30003 sold for 194,815.0469 USDC ($194,815)
  • CryptoPunks #5767 sold for 69 ETH ($155,383)

|Square

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