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NFT sales explode to $430M in May, up 15% from April! With 936K unique buyers, is this the start of a new NFT bull run or a fleeting hype? Tell us below! #NFTs Crypto
NFT Sales Surge: CryptoSlam data shows NFT sales hit $430 million in May 2025, a 15% increase from $373 million in April, marking the highest transaction volume of 2025 with 5.5 million transactions. Unique buyers jumped 50% to 936,000 from 622,000 in April, the largest buyer count since October 2024.
Market Context: This rebound follows a five-month decline since December 2024’s $900 million peak. The surge in buyers and reduced seller activity (per CryptoSlam) suggests competitive bidding, potentially driving higher valuations.