NFT sales rebound in May 2025 after months of decline: CryptoSlam
Summary
NFT sales increased to $430 million in May, a 15% rise from April's $373 million, marking the first monthly sales growth of 2025. May recorded the highest number of transactions in 2025 at 5.5 million. Unique NFT buyers surged by 50% to over 936,000, the highest since October 2024, while unique sellers dropped to approximately 284,600, the lowest since April 2021. This disparity between rising buyers and declining sellers may lead to competitive bidding and higher valuations. Analysts suggest the NFT market is set for a rebound, though it may not replicate the highs of 2021. New catalysts, such as real-world assets linked to NFTs, could further stimulate growth in the sector.
