Ethereum Drives NFT Market as Weekly Volume Climbs 40%

Key Insights

• Ethereum drives NFT market as weekly volume climbs 40% to $78.82 million
• Ethereum blockchain records $56.65 million in sales, accounting for 72% of total volume
• Flying Tulip PUT collection leads with $42 million in seven-day sales

Ethereum drives NFT market growth as weekly volume climbs 44.90% to $78,821,450 during the seven-day period ending February 16, 2026, according to CryptoSlam data.

The Ethereum blockchain recorded $56,648,790 in sales volume, a 78.23% increase from the prior week, accounting for 72% of total NFT market activity.

NFT buyers increased 419.76% to 117,295, while sellers rose 408.56% to 109,789. Transactions reached 790,360, up 23.09% from the previous seven-day period.

Ethereum Maintains $56.6 Million in Weekly NFT Sales

Ethereum recorded $56,648,790 in NFT sales during the seven-day period, with total volume, including wash trading, reaching $58,484,008.

The blockchain added 12,522 buyers, a 360.20% increase from the prior week. Wash trading accounted for $1,835,218 or 3.1% of total volume.

Base blockchain ranked second with $5,777,394 in sales, up 34.23% from the previous week.

Total volume, including wash trading, reached $10,600,519, with wash trades comprising $4,823,124 or 45.5% of activity. Base attracted 22,236 buyers, a 2,856.91% increase showing rapid user adoption.

Bitcoin recorded $5,389,091 in NFT sales, up 4.95% from the prior week. Total volume reached $5,417,331 with minimal wash trading at $28,240.

The blockchain added 4,239 buyers, up 396.37%. BNB Chain saw $3,719,517 in sales, down 6.71%, with total volume of $4,720,145.

Immutable recorded $2,503,363 in sales, up 3.98%, with negligible wash trading at $39. The blockchain attracted 2,191 buyers, up 495.38%.

Solana experienced $1,985,373 in sales, down 29.28%, with total volume of $2,053,220 and 44,787 buyers, up 859.24%.

Flying Tulip PUT Leads Collections at $42 Million in Sales

Flying Tulip PUT on Ethereum led all NFT collections with $42,000,064 in seven-day sales, up 320.69% from the prior week.

The collection recorded 1,193 transactions with 583 buyers and 121 sellers. The Ethereum-based collection accounted for 53% of total NFT market volume.

A Base blockchain collection ranked second with $3,387,509 in sales, up 20.53%. The collection recorded 34,893 transactions with just 14 buyers and 177 sellers.

Bitcoin BRC-20 NFTs placed third with $1,599,220 in sales, up 289.41%, across 126 transactions.

CryptoPunks on Ethereum recorded $1,554,746 in sales, down 64.40% from the prior week. The blue-chip collection completed 21 transactions with 14 buyers and 14 sellers.

Pudgy Penguins experienced $1,354,074 in sales, down 28.43%, across 160 transactions with 92 buyers and 71 sellers.

Guild of Guardians Heroes on Immutable-ZK recorded $1,266,573 in sales, down 13.60%. The gaming NFT collection completed 1,037 transactions with 544 buyers and 555 sellers, showing balanced market activity.

The top six collections combined for $51,762,186 in sales, representing 65.7% of total market volume.

Ethereum-based collections accounted for $46,908,884 or 59.5% of the entire NFT market during the seven-day period.

High-Value Individual Sales Top $328,000

A Bitcoin BRC-20 NFT sold for $328,024.95 or 4.7164 BTC six days before the data cutoff, topping individual NFT sales for the week.

CryptoPunks #5402 sold for $297,543.81 or 144 ETH seven days prior, ranking second among individual transactions.

Wrapped Ether Rock #93 sold for $97,964.69 or 50 WETH five days before the data cutoff. CryptoPunks #1556 sold for $78,470.02 or 38.83 ETH one day prior, while CryptoPunks #6878 fetched $78,087.91 or 36.9 ETH seven days before.

The top five individual sales totaled $880,055.28, with three CryptoPunks transactions accounting for $454,101.74 or 51.7% of the combined value. Ethereum-based NFTs comprised four of the five highest-value sales during the period.

The 419.76% increase in NFT buyers to 117,295 came alongside a 408.56% rise in sellers to 109,789. Transactions also grew 23.09% to 790,360.

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