NFT Sales Continue to Decline, but Avalanche Shows Sharp Growth
Date: 2025-05-26 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
According to statistics from CryptoSlam, overall NFT sales have declined to $129.8 million in the past week. Despite this decline, interest in the market remains high, with the number of buyers up 61.18% to 443,548 and the number of sellers up 31.87% to 199,129. The number of transactions has also increased by 15.39% to 1,697,343 transactions.
The Ethereum blockchain continues to lead the NFT industry, with $29.6 million in sales for the week. However, there is a noticeable decline here too: sales volume fell by 26.22%, while trading activity fell by more than half — by 57.18%, to $2 million.
Against the backdrop of the general decline, the growth of interest in Avalanche stands out. The platform showed an impressive 202.92% increase in sales, which allowed it to take second place with a total volume of $22.3 million. Polygon took third place, improving its performance by 45.98% — to $21.3 million. Bitcoin, on the contrary, fell by 21.85% and is now in fourth place with $18.2 million. Mythos Chain closes the top five with a result of $13.9 million.
There have been noticeable changes among the collections. The leader of the week was XSY Deposit, hosted on Avalanche, with a trading volume of $22.1 million. However, judging by the data, this collection is dominated by only one buyer and one seller, which may indicate non-standard activity.
In second place was the Courtyard collection on the Polygon platform, which increased sales by 23.23% to $14.4 million. DMarket retained third place with $8.8 million, showing an increase of 7.07%. The Bitcoin-related BRC-20 collection fell to fourth place with $6 million, which is 15.78% less than last week. Fifth place is occupied by Guild of Guardians Heroes with sales of $5.9 million.
One of the most noticeable drops was noted by the iconic CryptoPunks collection. It moved to sixth place, dropping to $4.8 million, which is 30.94% less than the previous result. A decrease in all key metrics was also recorded: the number of transactions fell by 42.31%, the number of buyers by 37.84%, and sellers by 45.24%.
