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Non-Fungible Token (NFT) sales witness a steep decline of approximately 20%, amounting to $102 million, during the last week of May 2025.

NFT market progresses past initial buzz, focusing on utility-based NFTs integrated across various sectors instead of mere speculation.

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NFT Market Transitions from Speculation to Usefulness, Shifting Focus towards Functional NFTs...
NFT Market Transitions from Speculation to Usefulness, Shifting Focus towards Functional NFTs Across Multiple Industries

NFT Sales Take a dip: A Weekly Update

Non-Fungible Token (NFT) sales witness a steep decline of approximately 20%, amounting to $102 million, during the last week of May 2025.

In the ever-evolving world of non-fungible tokens (NFTs), the market is shifting from speculation to utility, permeating various industries. However, the market for NFT collections is still entrenched in a bearish phase. This week, the global NFT market recorded a trading sales volume of $102 million, marking a 20% drop from the previous week. Let's dig into what collectors and traders can anticipate in the coming weeks.

NFT Sales Plummet 20% in a Week

Data obtained by CryptoSlam.io, a multi-chain non-fungible token collection explorer, reveals that the global NFT market faced a slight slump in trading sales volume during the last week of May. From May 26 to June 1, the NFT market yielded a trading sales volume of $102 million—a 20% drop from the prior week.

The recent dip notwithstanding, the number of traders profiting from the NFT downturn has surged this week. Over 700,000 traders dived into digital collectibles during this period, marking a 51% increase from the previous week. The global NFT market witnessed more than 2.4 million transactions this week, spiking by 24% from the past week.

Ethereum, Polygon, and Other Blockchains Lead the Pack

Ethereum, the blockchain network renowned for securing and verifying ownership and transfer of digital assets like artwork and music, has been the most traded blockchain network this last week of May 2025. From May 26 to June 1, Ethereum-based NFT collections netted a trading sales volume of $35 million, with the Ethereum NFT sales volume ascending by 30% from the prior week.

Polygon, a Layer-2 scaling solution for Ethereum offering faster and cheaper NFT transactions, has been the second-best performing NFT collection this last week. From May 26 to June 1, the Polygon-based NFT collections raised a trading sales volume of $14 million. However, during this time, the Polygon NFT sales volume plunged by 34% from the preceding week.

Mythos Chain, a reputable blockchain network ensuring secure and efficient NFT transactions across the entire Mythos gaming ecosystem, has been the third-highest grossing blockchain network this last week of May 2025. From May 26 to June 1, the Mythos Chain-based NFT collections raised a trading sales volume of $13 million. During this period, the Mythos chain NFT sales dipped by 3.21% from the prior week.

Bitcoin, the blockchain network that powers Bitcoin, Runes, Ordinals, and BRC-20 NFT collections, has been the fourth-ranked network in the NFT market this last week of May. From May 26 to June 1, the Bitcoin-based NFT collections amassed a trading sales volume of $12 million. Consequently, the Bitcoin NFT sales dropped by 29% from the previous week.

Solana, a blockchain network known for hosting a wide variety of smart contracts for NFT collections, has been the fifth-highest grossing blockchain network in the global NFT market this last week of May. From May 26 to June 1, the Solana-based NFT collections gathered a trading sales volume of $7.2 million. During this period, the Solana NFT trading sales volume soared by 14% from the prior week.

Top Selling NFTs of the Past Week

1. Courtyard NFT Collection

The Courtyard NFT collection from Courtyard.io, a first-of-its-kind marketplace that enables users to easily own and trade physical cards on the Polygon blockchain network, has topped the list of the most traded NFT collections in the global NFT market this week. From May 26 to June 1, the Courtyard NFT collection recorded a trading sales volume of $11 million. During this period, the Courtyard NFT trading sales volume fell by 26.68% from the previous week.

2. DMarket NFT Collection

DMarket, a renowned NFT collection specializing in representing in-game virtual items from games like Counter-Strike and Dota 2, is this week's second-highest grossing NFT collection in the NFT market. From May 26 to June 1, the DMarket NFT collection garnered a trading sales volume of $8.3 million. During this time, the DMarket NFT trading sales volume decreased by 5% from the preceding week.

3. Strat Option NFT Collection

Strat Option, an innovative NFT collection featuring a fixed set of only 29 digital items hosted on the Ethereum blockchain network, is this week's third-highest selling NFT in the global NFT market. From May 26 to June 1, the Strat Option NFT collection raised a trading sales volume of $4.7 million. The Strat Option NFT trading sales volume skyrocketed by 1,000% over the preceding week.

4. Guild of Guardians Heroes

Guild of Guardians Heroes, an established NFT collection from the mobile fantasy role-playing game Guild of Guardians featuring a limited edition of 10,000 digital items hosted on the Immutable network, is this week's fourth-highest selling NFT collection in the NFT market. From May 26 to June 1, the Guild of Guardians Heroes NFT collection produced a trading sales volume of $4.5 million. During this time, the Guild of Guardians Heroes NFT sales volume slumped by 24% from the preceding week.

5. $$ BRC-20 NFT Collection

$$ BRC-20, a popular NFT collection fashioned on the Bitcoin blockchain network using the BRC-20 protocol, is the fifth-highest selling NFT collection in the global NFT market this last week of May. From May 26 to June 1, the $$ BRC-20 ordinal collection recorded a trading sales volume of $4.1 million. During this period, the $$ BRC-20 NFT trading sales volume plummeted by 34% from the preceding week.

6. CryptoPunks NFT Collection

CryptoPunks, an internationally acclaimed NFT collection showcasing a limited set of 10,000 pixelated NFTs, is this week's sixth-highest selling NFT collection in the global NFT market. From May 26 to June 1, the CryptoPunks NFT collection raised a trading sales volume of $4 million. During this time, the CryptoPunks NFT sales volume grew by 2.09% from the preceding week.

7. Good Vibes Club NFT Collection

Good Vibes Club, an NFT collection from the digital asset incubation studio Toast featuring a limited edition of 6,969 3D NFT collections hosted on the Ethereum network, is the seventh-highest grossing NFT collection this last week of May. From May 26 to June 1, the Good Vibes Club NFT collection amassed a trading sales volume of $2.3 million. During this period, the Good Vibes Club NFT sales volume soared by 179% from the preceding week.

8. Guild of Guardians Avatar

Guild of Guardians Avatar, an established NFT series from the mobile fantasy role-playing game Guild of Guardians featuring a limited edition of 10,000 digital items hosted on the Immutable network, is this week's eighth-highest selling NFT collection in the NFT market. From May 26 to June 1, the Guild of Guardians Avatar NFT collection produced a trading sales volume of $1.9 million. During this time, the Guild of Guardians Avatar NFT sales volume dropped by 28% from the preceding week.

9. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, an NFT collection from the digital asset firm Yuga Labs that features a limited edition of 1,779 NFTs hosted on the blast layer 2 blockchain network, has been this week's ninth-highest selling NFT collection in the global NFT market. From May 26 to June 1, the Bored Ape Yacht Club NFT collection yielded a trading sales volume of $1.7 million. The Bored Ape NFT trading sales volume elevated by 37% from the preceding week.

10. Pudgy Penguins NFT Collection

Pudgy Penguins, an NFT collection from the digital asset firm Igloo Inc featuring a fixed supply of 8,888 cute penguin cartoon birds hosted on the Ethereum blockchain network, is this week's tenth-highest selling NFT collection in the global NFT market. From May 26 to June 1, the Pudgy Penguins garnered a trading sales volume of $1.4 million. During this period, the Pudgy Penguins NFT trading sales volume plummeted by 27% from the preceding week.

  • Bored Ape NFT Maker Sells Moonbirds IP to Orange Cap Games
  • Top Selling NFTs This Last Week of May 2025
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  1. In the midst of the dip in NFT sales, technology companies like Ethereum and Polygon continue to lead the pack, with Ethereum-based NFT collections generating a trading sales volume of $35 million this week.
  2. As the global sports industry increasingly explores the potential of NFTs, there is a growing interest among traders and collectors in owning digital collectibles, with more than 700,000 traders diving into digital collectibles during the past week, marking a 51% increase from the previous week.

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