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NFT Sales Jump +40% In The Past 24 Hrs – Are NFTs Back?

by Dominic Kimani
May 10, 2025
in Cryptocurrency
Reading Time: 4 mins read
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The worldwide non-fungible token market has skilled a major improve in each day buying and selling gross sales quantity, reaching greater than $21 million over the previous day. This marks a 41% rise in comparison with yesterday’s $13 million. The surge in NFT gross sales coincides with notable positive aspects in Bitcoin and different cryptocurrencies. The flagship crypto “Bitcoin” has climbed again previous $100,000 for the primary time in months.

NFTs Soar +40% In Day by day Gross sales Quantity

Information compiled by cryptoslam.io, an on-chain crypto market knowledge aggregator and multi-chain non-fungible token assortment explorer, confirms that the worldwide non-fungible token market has made constructive positive aspects right this moment after struggling a brutal meltdown previously a number of months. Previously 24 hours, the worldwide NFT market has attracted a buying and selling gross sales quantity of $21 million, up 41% from the previous day.

Daily NFT Sales Volume

Ethereum, the blockchain community famend for powering the vast majority of NFT collections, led the cost right this moment with a buying and selling gross sales quantity of $9.2 million, reflecting a 118% improve from yesterday. Polygon, an Ethereum scaling blockchain community, follows the Ethereum community intently with a each day buying and selling gross sales quantity of $2.7 million. Nonetheless, the Polygon NFT gross sales quantity has plunged 10% from the previous day.

Daily sales volume by chainsDaily sales volume by chains

Different blockchain networks, together with Mythos Chain, Bitcoin, and Solana, have additionally recorded +10% progress right this moment. Previously 24 hours, Mythos Chain-based has recorded a gross sales quantity of $2.4 million, whereas the Bitcoin-based NFT collections recorded a buying and selling gross sales quantity of $1.9 million. The Solana-based NFT collections have amassed a buying and selling gross sales quantity of $1.3 million.

Is the NFT Bear Market Over?

The current surge in non-fungible token buying and selling gross sales quantity comes because the market reveals indicators of restoration, breaking a protracted downturn in month-to-month gross sales. The NFT market started showcasing cracks in January 2025 after falling by over 30% in gross sales quantity to 679 million. Since then, the NFT gross sales have tanked drastically, flipping from $679 million to simply $430 million in April 2025. The current bullish momentum in NFT gross sales may mark the tip of the current NFT bear market.

Monthly NFT sales VolumeMonthly NFT sales Volume

Associated NFT Information:

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