CryptoSlam: NFT Sales Down 63%
Date: 2025-03-31 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
In the period from January to March of that year, sales exceeded $4.15 billion, with March being a record month at $1.62 billion. However, in March 2025, sales were only $373 million, which means a 76% year-on-year decline.
Among the top five collections, only three projects showed positive dynamics compared to the previous year. Pudgy Penguins sales increased by 13%, Doodles by 41%, and Milady Maker by 58%. These results are a rare exception amid the overall market decline.
Analysts from CryptoSlam believe that the continued decline in activity in the NFT market may lead to the closure of even large and popular projects. They also warn that the market is not expected to improve in the near future.
DappRadar previously reported that NFT trading volumes in February 2025 were down more than 60% compared to December 2024, highlighting the ongoing decline in interest in this segment of the crypto market.
