• bitcoinBitcoin (BTC) $ 106,863.00
  • ethereumEthereum (ETH) $ 2,616.14
  • tetherTether (USDT) $ 0.999883
  • xrpXRP (XRP) $ 2.24
  • bnbBNB (BNB) $ 654.24
  • solanaSolana (SOL) $ 156.41
  • usd-coinUSDC (USDC) $ 0.999802
  • dogecoinDogecoin (DOGE) $ 0.176605
  • tronTRON (TRX) $ 0.270419
  • staked-etherLido Staked Ether (STETH) $ 2,616.15
  • cardanoCardano (ADA) $ 0.646331
  • hyperliquidHyperliquid (HYPE) $ 44.57
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 106,782.00
  • wrapped-stethWrapped stETH (WSTETH) $ 3,154.11
  • suiSui (SUI) $ 3.11
  • bitcoin-cashBitcoin Cash (BCH) $ 453.44
  • chainlinkChainlink (LINK) $ 13.67
  • leo-tokenLEO Token (LEO) $ 9.27
  • avalanche-2Avalanche (AVAX) $ 19.61
  • stellarStellar (XLM) $ 0.263355
  • whitebitWhiteBIT Coin (WBT) $ 51.54
  • the-open-networkToncoin (TON) $ 3.00
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • usdsUSDS (USDS) $ 0.999787
  • wethWETH (WETH) $ 2,616.49
  • wrapped-eethWrapped eETH (WEETH) $ 2,800.46
  • hedera-hashgraphHedera (HBAR) $ 0.159835
  • litecoinLitecoin (LTC) $ 87.17
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999590
  • polkadotPolkadot (DOT) $ 3.91
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • moneroMonero (XMR) $ 319.34
  • bitget-tokenBitget Token (BGB) $ 4.57
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 106,837.00
  • pepePepe (PEPE) $ 0.000011
  • uniswapUniswap (UNI) $ 7.73
  • pi-networkPi Network (PI) $ 0.600739
  • aaveAave (AAVE) $ 285.90
  • daiDai (DAI) $ 0.999628
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 380.91
  • okbOKB (OKB) $ 51.82
  • internet-computerInternet Computer (ICP) $ 5.62
  • aptosAptos (APT) $ 4.67
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • nearNEAR Protocol (NEAR) $ 2.32
  • crypto-com-chainCronos (CRO) $ 0.092639
  • jito-staked-solJito Staked SOL (JITOSOL) $ 189.35
  • ethereum-classicEthereum Classic (ETC) $ 17.09
  • ondo-financeOndo (ONDO) $ 0.820267
  • tokenize-xchangeTokenize Xchange (TKX) $ 32.21
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • mantleMantle (MNT) $ 0.628578
  • kaspaKaspa (KAS) $ 0.080118
  • official-trumpOfficial Trump (TRUMP) $ 10.11
  • gatechain-tokenGate (GT) $ 16.50
  • skySky (SKY) $ 0.092186
  • vechainVeChain (VET) $ 0.022740
  • cosmosCosmos Hub (ATOM) $ 4.24
  • fasttokenFasttoken (FTN) $ 4.43
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.728992
  • ethenaEthena (ENA) $ 0.309896
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 106,594.00
  • render-tokenRender (RENDER) $ 3.58
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.204204
  • filecoinFilecoin (FIL) $ 2.51
  • arbitrumArbitrum (ARB) $ 0.337040
  • worldcoin-wldWorldcoin (WLD) $ 1.01
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,615.94
  • algorandAlgorand (ALGO) $ 0.182146
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.51
  • usdt0USDT0 (USDT0) $ 1.00
  • spx6900SPX6900 (SPX) $ 1.65
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997918
  • usdtbUSDtb (USDTB) $ 0.999738
  • kucoin-sharesKuCoin (KCS) $ 11.16
  • binance-staked-solBinance Staked SOL (BNSOL) $ 165.07
  • jupiter-exchange-solanaJupiter (JUP) $ 0.434020
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.91
  • fartcoinFartcoin (FARTCOIN) $ 1.25
  • nexoNEXO (NEXO) $ 1.23
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,976.99
  • flare-networksFlare (FLR) $ 0.018159
  • celestiaCelestia (TIA) $ 1.80
  • bonkBonk (BONK) $ 0.000016
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,738.38
  • injective-protocolInjective (INJ) $ 11.85
  • sonic-3Sonic (S) $ 0.348575
  • story-2Story (IP) $ 3.59
  • optimismOptimism (OP) $ 0.601662
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999970
  • sei-networkSei (SEI) $ 0.181804
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999583
  • blockstackStacks (STX) $ 0.649199
  • newton-projectAB (AB) $ 0.015432
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,794.22
  • paypal-usdPayPal USD (PYUSD) $ 0.999707
  • xdce-crowd-saleXDC Network (XDC) $ 0.059302
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,741.18
  • kaiaKaia (KAIA) $ 0.158725
  • dogwifcoindogwifhat (WIF) $ 0.890204
  • immutable-xImmutable (IMX) $ 0.473944
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,751.69
  • wbnbWrapped BNB (WBNB) $ 654.17
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 106,694.00
  • the-graphThe Graph (GRT) $ 0.089535
  • vaultaVaulta (A) $ 0.539237
  • tether-goldTether Gold (XAUT) $ 3,418.45
  • curve-dao-tokenCurve DAO (CRV) $ 0.619142
  • pax-goldPAX Gold (PAXG) $ 3,441.81
  • clbtcclBTC (CLBTC) $ 106,677.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 106,822.00
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 174.82
  • flokiFLOKI (FLOKI) $ 0.000080
  • msolMarinade Staked SOL (MSOL) $ 203.73
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.36
  • jito-governance-tokenJito (JTO) $ 2.24
  • lido-daoLido DAO (LDO) $ 0.836608
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,825.82
  • zcashZcash (ZEC) $ 45.56
  • theta-tokenTheta Network (THETA) $ 0.724493
  • ousgOUSG (OUSG) $ 111.43
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.07
  • galaGALA (GALA) $ 0.015523
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999367
  • wrapped-hypeWrapped HYPE (WHYPE) $ 44.53
  • iotaIOTA (IOTA) $ 0.174362
  • the-sandboxThe Sandbox (SAND) $ 0.271458
  • bittorrentBitTorrent (BTT) $ 0.00000067
  • aerodrome-financeAerodrome Finance (AERO) $ 0.790744
  • jasmycoinJasmyCoin (JASMY) $ 0.013479
  • walrus-2Walrus (WAL) $ 0.480163
  • raydiumRaydium (RAY) $ 2.22
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010127
  • pyth-networkPyth Network (PYTH) $ 0.109962
  • bitcoin-svBitcoin SV (BSV) $ 31.33
  • usual-usdUsual USD (USD0) $ 0.998062
  • pendlePendle (PENDLE) $ 3.77
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 106,522.00
  • tezosTezos (XTZ) $ 0.571392
  • coredaoorgCore (CORE) $ 0.594723
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • syrupMaple Finance (SYRUP) $ 0.539164
  • super-oethSuper OETH (SUPEROETH) $ 2,618.24
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,616.85
  • flowFlow (FLOW) $ 0.358401
  • falcon-financeFalcon USD (USDF) $ 0.999028
  • tbtctBTC (TBTC) $ 106,481.00
  • apecoinApeCoin (APE) $ 0.688529
  • saros-financeSaros (SAROS) $ 0.208830
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,738.30
  • thorchainTHORChain (RUNE) $ 1.55
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,795.52
  • decentralandDecentraland (MANA) $ 0.270620
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 106,777.00
  • staked-hypeStaked HYPE (STHYPE) $ 44.51
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,616.29
  • dexeDeXe (DEXE) $ 8.87
  • true-usdTrueUSD (TUSD) $ 0.996996
  • compound-governance-tokenCompound (COMP) $ 54.08
  • based-brettBrett (BRETT) $ 0.048742
  • grassGrass (GRASS) $ 1.63
  • kavaKava (KAVA) $ 0.429844
  • heliumHelium (HNT) $ 2.50
  • chain-2Onyxcoin (XCN) $ 0.013416
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.176862
  • morphoMorpho (MORPHO) $ 1.46
  • beldexBeldex (BDX) $ 0.061084
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999803
  • usddUSDD (USDD) $ 0.999863
  • keetaKeeta (KTA) $ 1.07
  • dydx-chaindYdX (DYDX) $ 0.530648
  • starknetStarknet (STRK) $ 0.123861
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 37.71
  • apenftAPENFT (NFT) $ 0.00000042
  • axelarAxelar (AXL) $ 0.416144
  • ketKet (KET) $ 0.410227
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • aioz-networkAIOZ Network (AIOZ) $ 0.345525
  • neoNEO (NEO) $ 5.78
  • elrond-erd-2MultiversX (EGLD) $ 14.35
  • ripple-usdRipple USD (RLUSD) $ 0.999775
  • usdbUSDB (USDB) $ 0.999037
  • eigenlayerEigenlayer (EIGEN) $ 1.31
  • ecasheCash (XEC) $ 0.000020
  • stader-ethxStader ETHx (ETHX) $ 2,776.26
  • arweaveArweave (AR) $ 6.05
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,617.33
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006806
  • aethirAethir (ATH) $ 0.039593
  • conflux-tokenConflux (CFX) $ 0.077226
  • mog-coinMog Coin (MOG) $ 0.000001
  • eosEOS (EOS) $ 0.535575
  • axie-infinityAxie Infinity (AXS) $ 2.39
  • telcoinTelcoin (TEL) $ 0.004207
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.003795
  • zebec-networkZebec Network (ZBCN) $ 0.004694

NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

0 13

NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

Based on the most recent figures, non-fungible tokens (NFTs) generated approximately $474 million in sales throughout May, marking a 21.25% decline compared to April’s total.

NFT Market Declines in May

NFT sales maintained their downward trajectory in May, with monthly figures falling short by $127.9 million compared to the prior month. Although the number of NFT buyers climbed by 16.45% and sellers edged up by 1.57%, based on data from cryptoslam.io, total sales told a different story. Ethereum-based NFTs held the lead with $140.39 million in sales, accounting for roughly 29.63% of May’s total volume.

NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

Source: cryptoslam.io

Despite topping the charts, Ethereum NFTs posted a 20.97% drop compared to April. Bitcoin claimed second place with $74.51 million, reflecting a 20.16% increase from the prior month. Polygon followed in third with just over $73 million, although this figure represented a 47.38% fall. Avalanche posted the sharpest growth, soaring 1208.40% in May with $31.21 million in volume, largely fueled by the launch of XSY Deposit by XSY.

NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

Top five blockchains in terms of NFT sales in May. Source: cryptoslam.io

Polygon’s Courtyard collection led all others in May, amassing $59.51 million in sales. Close behind was Dmarket from the Polkadot-based Mythos project, which brought in about $39.32 million. XSY Deposit secured third with $30.25 million. Among the top ten collections, Doodles posted the most dramatic gain, jumping 226.54% and pulling in $8.68 million during the month.

Ethereum remains the dominant chain in terms of lifetime NFT sales, standing at $45.77 billion following May’s update. Solana follows with $6.34 billion, while Bitcoin holds third with $5.4 billion. However, with BTC NFTs being a more recent addition, Bitcoin could potentially surpass the layer one chain this year if momentum continues. It trails Solana by just $940 million. Bitcoin also trails Ethereum by $40.37 billion.

Source

Leave A Reply

Your email address will not be published.