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The decline is further evidenced by data from CryptoSlam, which shows a 46.03% decrease in NFT sales volume, amounting to $480 million over the past 30 days. The global NFT sales are almost 53% down in the last 7 months which is since its ATH in August. The drop in sales will affect digital collectibles, as the buyers might The global crypto market cap is now $2.97 trillion, up from last week’s $2.69 trillion. According to data from CryptoSlam, the NFT buyer count has increased by 54.33% to New data shows that global NFT sales have seen a 53% decline in 7 months despite the market reaching record highs last year After a strong first quarter with sales volume reaching $4.1 billion, Q2 ended with a dramatic 45% drop, with sales falling to $2.25 billion. This sharp decline has once again Global NFT Sales Downturn By 53% In Less Than a Year; Here’s Why The volume of NFT sales has dropped to $160.9 million. The Ethereum (ETH) blockchain leads with $51.3 million in sales, a decrease of 23.07%. Bitcoin follows with By late 2025, the daily market size of NFTs on Ethereum was much lower than in 2025. NFTs first grabbed headlines in March 2025 when the crypto art piece First 5000

Global NFT Sales: Why the Downturn and What\'s Next?

Are global NFT sales plummeting? The data paints a clear picture: Yes, global NFT sales have decreased significantly in recent months. After a boom period, the market is experiencing a correction, leaving many wondering about the future of digital collectibles.

New data shows a concerning trend. While the global crypto market cap enjoys a boost, currently sitting at $2.97 trillion (up from $2.69 trillion last week), the NFT market is singing a different tune. A 53% decline in global NFT sales in the last 7 months, since its all-time high (ATH) in August, is causing concern. This downturn will inevitably affect digital collectibles, as potential buyers hesitate.

The Decline is Evident: Data Speaks Volumes

The magnitude of the NFT sales decrease becomes clearer with hard numbers. According to data from CryptoSlam, there\'s been a 46.03% decrease in NFT sales volume, translating to a staggering $480 million loss over the past 30 days. This follows a disappointing Q2 where sales fell to $2.25 billion, marking a dramatic 45% drop from the $4.1 billion seen in the strong first quarter.

Where are the Sales Declining?

Even the leading blockchain isn\'t immune. The volume of NFT sales has dropped considerably, reaching just $160.9 million recently. While the Ethereum (ETH) blockchain leads with $51.3 million in sales, this still represents a significant decrease of 23.07%. Bitcoin follows with a fraction of that volume. The impact is being felt across the board.

Reasons Behind the NFT Sales Drop

Several factors likely contribute to this "Global NFT Sales Downturn By 53% In Less Than a Year; Here’s Why":

  • Market Correction: After explosive growth, a natural correction is expected.
  • Economic Uncertainty: Global economic concerns often lead investors to become more risk-averse.
  • Overhype and Speculation: The initial NFT boom was fueled by significant hype and speculation, which inevitably cooled down.
  • Sustainability Concerns: Environmental concerns regarding the energy consumption of some blockchain technologies may also be playing a role.

A Silver Lining? Increased NFT Buyer Count

Interestingly, despite the drop in sales volume, CryptoSlam data also reveals that the NFT buyer count has increased by 54.33%. This suggests that while individual spending is down, more people are entering the NFT space, potentially indicating a broader, but more cautious, adoption.

The Future of NFTs: What to Expect?

While the decline in global NFT sales is undeniable, it doesn\'t necessarily signal the end of NFTs. The market is evolving. The drop in sales will affect digital collectibles, and projects with genuine utility and strong communities are more likely to survive and thrive. While looking back, one might remember the initial excitement when NFTs first grabbed headlines in March 2025 with "First 5000", even if, by late 2025, the daily market size of NFTs on Ethereum was much lower than initially.

The long-term success of NFTs will depend on their ability to move beyond speculative assets and offer real-world value and utility.

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