Non-fungible tokens (NFTs) caught an uptick in sales in May after months of consistent decline throughout 2025.
Data from CryptoSlam shows that May’s NFT sales climbed to $430 million, up from $373 million in April, a 15% increase. It marks the first monthly sales increase this year, suggesting renewed interest in digital collectibles.
This follows a five-month decline in sales since volume peaked at over $900 million in December 2024. May also had the highest number of transactions in 2025, reaching 5.5 million, according to CryptoSlam.
The sales uptick may be attributed to the divergence between unique NFT buyers and NFT sellers. NFT buyers continued to increase in May, while sellers declined.
Chart compiled by Cointelegraph to demonstrate CryptoSlam data on NFT monthly sales. Source: CointelegraphNFT sellers dwindle, while buyers increase
May showed a significant jump in unique buyers. The number of users buying NFTs rose by 50% to over 936,000 in May, up from