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Home DeFi Metaverse

rewrite this title April’s NFT Bloodbath: Sales Plunge Over 39% as the Market Stalls – Metaverseplanet

MetaversePlanet by MetaversePlanet
May 6, 2025
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rewrite this title April’s NFT Bloodbath: Sales Plunge Over 39% as the Market Stalls – Metaverseplanet
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April brought modest gains to the broader crypto economy, but data reveals a continued downturn in NFT sales, which fell 39.62% over the last 30 days. Ethereum maintained its position as the leading blockchain for NFT trading volume, yet its figures dropped 44.86% month-over-month.

NFT Sector Takes Major Hit: Ethereum, Polygon, and Bitcoin Suffer Steep Declines

Throughout April, total NFT sales reached $388.77 million, marking a 39.62% decline from March. Statistics from cryptoslam.io show both ends of the market saw sharp drops: buyers down 48.46% and sellers down 39.05%.

Activity volume also plunged; total NFT transactions decreased by 54.12% month-on-month. Ethereum, Polygon, and Bitcoin comprised the top three blockchains by NFT sales volume. Ethereum-based NFT sales totaled $108.19 million, down 44.86% versus the prior 30 days. Polygon ranked second with $73.84 million, a 42.4% drop from March.

Meanwhile, Bitcoin NFTs slid to $62.45 million, a 27.25% decrease. Flow secured eighth place with $5.94 million in volume—an increase of 14.9% over the same period.

Leading Collections and Record Sales

The month’s top-performing collection was Courtyard on Polygon, generating $66.42 million in sales (+20.9%). Polkadot’s Mythos-powered Dmarket claimed second place with $39.72 million, while Ethereum’s Cryptopunks took third at $18.22 million in April.

The priciest individual sale was Cryptopunk #3100, which fetched $6.04 million. In second place was an Uncategorized Ordinal sold eight days ago for $558,755, and third was a locked gUSDC deposit NFT traded on Arbitrum roughly three weeks ago for about $500,000.

The NFT sector is unrecognizable compared to its peak, and 2025 has yet to deliver much relief from these blows.

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