Despite the recovery in April, sales of non-interchangeable tokens collapsed by 54% to $630 million in May. This is evidenced by CryptoSlam data.
The dynamics of NFT trading in May. Data: CryptoSlam.Leading platforms, including Bitcoin, Ethereum and Solana networks, have shown a decrease in dynamics.
Top 10 blockchains in terms of NFT sales. Data: CryptoSlam.The trading volume of non-interchangeable tokens in the ecosystem of the first cryptocurrency reached $185 million in 30 days, which represents a decrease of 71%.
The dynamics of Ethereum and Solana in the sector decreased by 55% and 47%, respectively.
At the same time, Blast's L2 solution took the fourth place, where NFT sales reached $55 million. Since NFT marketplaces in the ecosystem were launched not so long ago, its growth in the segment for the month amounted to 2582%.
The Immutable network showed positive results, increasing trading volume by 23% to $31 million.
Of the top 10 collections, Mad Lads (-44%) based on Solana, as well as CryptoPunks (-41%) and Bored Ape Yacht Club (-50%) in Ethereum suffered the most.
Top 10 NFT collections by sales volume. Data: CryptoSlam.The "uncategorizable Ordinals" are leading in the direction with an indicator of $73 million, despite a decrease of 68%. They are followed by the new Fantasy Top collection on Blast.
At the same time, the number of buyers (69,656) and sellers (64,196) decreased slightly over the month — by 6% and 7%.
Recall that in April, Magic Eden came out on top in terms of trading volume among NFT marketplaces with an indicator of $486 million. Blur has lost the lead for the first time since launch.
In March, BAYC #9258, owned by American comedian Kevin Hart since January 2022, was sold for 13.65 ETH — 76% lower than the purchase price. Pop star Justin Bieber's token from the same collection has depreciated by almost 95%.