NFT sales decline by 16.7% to $105.7 million, Ethereum sales increase by 30%
The NFT market witnessed a noteworthy rebound in May 2025, with sales volume soaring to $430 million—an increase of 15% from April's $373 million. This marks the first monthly sales increase this year [1][3][5]. Despite this surge, unique sellers decreased to approximately 284,600, while unique buyers skyrocketed by 50% to over 936,000 [1][4][5].
In the world of cryptocurrencies, Bitcoin dipped to $103,000 following its recent all-time high of $111,000. Ethereum, on the other hand, experienced a mild seven-day decline to the $2,500 level [2]. The global crypto market cap now stands at $3.25 trillion, down from last week's $3.42 trillion.
Data from CryptoSlam reveals that despite the overall decline, NFT transactions skyrocketed by 34.31% to 2,233,547 transactions. The number of buyers increased by 55.35% to 699,471, and sellers rose by 19.22% to 242,898 [2].
In terms of Ethereum NFT sales, they jumped 28.43% to $36.5 million. At the same time, wash trading decreased by 23.31% to $1.6 million [2]. Polygon remained in second place with $15 million in sales, despite a 25.88% decline. Mythos Chain maintained the third position with $13.5 million, showing a 3.39% drop [2].
Bitcoin took the fourth spot with $13.2 million in sales, marking a 27.10% decline. Immutable rose to fifth place with $7.3 million and a drop of 15.93%. Solana rounded out the top six with $7.2 million and a 17.78% growth [2].
Polygon led the way with 43.72% growth in buyer count, followed by Solana at 37.39% and Bitcoin at 33.34% [2]. Courtyard on Polygon held the top spot in collection rankings with $12.4 million in sales, albeit with a 13.91% decrease. DMarket took the second spot with $8.3 million in sales, dropping 5.33%. Guild of Guardians Heroes came in third with $5 million, down 14.58% [2].
STRAT Option on Ethereum entered the fourth-place rankings with $4.7 million in sales, exhibiting impressive growth of 18,945,794.34% in sales, a 2,300% increase in transactions, and a 1,900% increase in buyers [2]. Bitcoin's BRC-20 NFTs completed the top five with $4.6 million in sales, dropping 24.06%. The collection saw decreases across all metrics [2].
Notable high-value sales in May include CryptoPunks #1831, which sold for 150 ETH ($389,846); CryptoPunks #4868, which sold for 76.5 ETH ($201,933); CryptoPunks #5586, which sold for 70.07 ETH ($185,292); CryptoPunks #308, which sold for 69 ETH ($174,683); and CryptoPunks #9494, which sold for 66 ETH ($169,021) [2].
[1]: Data from CryptoSlam[2]: Original News Text[3]: Source 1[4]: Source 2[5]: Source 3
- The NFT market saw a significant boost in May 2025, with sales reaching $430 million, up 15% from April's figures.
- Bitcoin dipped slightly, dropping to $103,000 following its recent all-time high, while Ethereum experienced a seven-day decline to $2,500.
- Despite the overall crypto market cap decline, NFT transactions surged by 34.31% in May, with 699,471 buyers and 242,898 sellers.
- Ethereum NFT sales jumped 28.43% in May, while wash trading decreased by 23.31%.
- Polygon proved to be the leader among NFT platforms in May, with 43.72% growth in buyer count and Courtyard on Polygon holding the top spot in collection rankings.
- Notable high-value sales in May included CryptoPunks #1831, which was purchased for 150 ETH ($389,846). Other high-value purchases involved CryptoPunks ranging from 66 ETH to 76.5 ETH.
