NFT sales rebounded to $430 million in May 2025, marking a 15% increase from April's $373 million, according to CryptoSlam data. This rise follows a five-month decline from a peak of over $900 million in December 2024. The resurgence in sales suggests renewed interest in digital collectibles, with NFT transactions reaching 5.5 million in May.
The growth in sales is partly driven by a significant increase in the number of NFT buyers, which rose by 50% from approximately 622,000 in April. Despite the increase in buyers, the number of sellers decreased, indicating a shift in market dynamics favoring demand over supply.
NFT Sales Surge to $430 Million in May, Marking First 2025 Increase
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