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StockWaves > Blockchain > NFT Gross sales Bounce +40% In The Previous 24 Hrs – Are NFTs Again?
Blockchain

NFT Gross sales Bounce +40% In The Previous 24 Hrs – Are NFTs Again?

StockWaves By StockWaves Last updated: May 10, 2025 3 Min Read
NFT Gross sales Bounce +40% In The Previous 24 Hrs – Are NFTs Again?
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NFTs Bounce +40% In Day by day Gross sales QuantityIs the NFT Bear Market Over?Associated NFT Information:

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The worldwide non-fungible token market has skilled a big enhance in each day buying and selling gross sales quantity, reaching greater than $21 million over the previous day. This marks a 41% rise in comparison with the day before today’s $13 million. The surge in NFT gross sales coincides with notable positive aspects in Bitcoin and different cryptocurrencies. The flagship crypto “Bitcoin” has climbed again previous $100,000 for the primary time in months.

NFTs Bounce +40% In Day by day Gross sales Quantity

Knowledge compiled by cryptoslam.io, an on-chain crypto market knowledge aggregator and multi-chain non-fungible token assortment explorer, confirms that the worldwide non-fungible token market has made optimistic positive aspects at this time after struggling a brutal meltdown prior to now a number of months. Previously 24 hours, the worldwide NFT market has attracted a buying and selling gross sales quantity of $21 million, up 41% from the previous day.

NFT Gross sales Bounce +40% In The Previous 24 Hrs – Are NFTs Again?

Ethereum, the blockchain community famend for powering nearly all of NFT collections, led the cost at this time with a buying and selling gross sales quantity of $9.2 million, reflecting a 118% enhance from the day before today. Polygon, an Ethereum scaling blockchain community, follows the Ethereum community intently with a each day buying and selling gross sales quantity of $2.7 million. Nonetheless, the Polygon NFT gross sales quantity has plunged 10% from the previous day.

Daily sales volume by chainsDaily sales volume by chains

Different blockchain networks, together with Mythos Chain, Bitcoin, and Solana, have additionally recorded +10% progress at this time. Previously 24 hours, Mythos Chain-based has recorded a gross sales quantity of $2.4 million, whereas the Bitcoin-based NFT collections recorded a buying and selling gross sales quantity of $1.9 million. The Solana-based NFT collections have amassed a buying and selling gross sales quantity of $1.3 million.

Is the NFT Bear Market Over?

The current surge in non-fungible token buying and selling gross sales quantity comes because the market reveals indicators of restoration, breaking a chronic downturn in month-to-month gross sales. The NFT market started showcasing cracks in January 2025 after falling by over 30% in gross sales quantity to 679 million. Since then, the NFT gross sales have tanked drastically, flipping from $679 million to only $430 million in April 2025. The current bullish momentum in NFT gross sales may mark the top of the current NFT bear market.

Monthly NFT sales VolumeMonthly NFT sales Volume

Associated NFT Information:

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