Non-fungible token (NFT) sales totaled approximately $474 million in May 2025, representing a 21.25% decrease compared to April's $601.9 million, according to data from cryptoslam.io. Despite the drop in volume, the number of NFT buyers rose by 16.45% and sellers edged up by 1.57% during the month.
Blockchain Performance: Ethereum Leads, Bitcoin Rebounds, Avalanche Explodes
Ethereum-based NFTs generated $140.39 million in sales, accounting for about 29.63% of May’s total volume, but still fell 20.97% month-over-month. Bitcoin NFTs took second place with $74.51 million, posting a 20.16% increase. Polygon ranked third with over $73 million, though that figure marked a 47.38% decline.
Avalanche recorded the sharpest growth, skyrocketing 1,208.40% to $31.21 million, fueled largely by the launch of XSY Deposit. The collection alone contributed $30.25 million in sales, placing it third among all NFT collections for the month.
Top NFT Collections: Courtyard Leads, Doodles Surges
Polygon’s Courtyard collection topped the charts with $59.51 million in sales. Dmarket from the Mythos project on Polkadot followed with $39.32 million. Among the top ten, Doodles posted the most dramatic gain, jumping 226.54% to $8.68 million.
Lifetime Sales: Ethereum Dominates, Bitcoin Could Pass Solana
Ethereum’s all-time NFT sales stand at $45.77 billion, followed by Solana at $6.34 billion and Bitcoin at $5.4 billion. Bitcoin’s NFT market, being more recent, trails Solana by just $940 million and could surpass it later this year if momentum continues.