NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

NFT sales drop 18% to US$116.9m as Polygon outpaces Ethereum

22nd June 2025 – (New York) The NFT market has seen a significant downturn, with sales volume falling by 18.43% to $116.9 million, according to data from CryptoSlam. This decline marks a sharp contrast to the strong performance of the previous week. Despite the drop in sales, participation metrics show mixed trends. The number of NFT buyers remained steady at 1,061,348, maintaining 50.56% year-on-year growth, while NFT sellers increased by 8.09%…

NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

The NFT market has experienced a sharp drop, with sales volume falling by 18.43% to $116.9 million. According to data from CryptoSlam, this marks a reversal from the previous week’s strong performance. Bitcoin (BTC) price has dropped to $103,000. At…