Non-fungible tokens (NFTs) outperformed their fungible peers over the past seven days, with the 10 largest collections registering a 6.4% average gain.
The NFT collection with the highest upside was Space Doodles, with a 44.7% increase in their price.
However, popular NFT collections like Bored Ape Yacht Club and CryptoPunks experienced negative returns, impacting the overall average.
Despite the positive performance, NFT sales volume on popular blockchains like Ethereum and Bitcoin saw a decline.