NFT sales fell 54% in May, to $630 million, after rising in April, according to CryptoSlam. Leading platforms including bitcoin, Ethereum and Solana showed declines. NFT trading on bitcoin fell 71% to $185 million, while Ethereum and Solana fell 55% and 47%, respectively.
L2 solution Blast took fourth place with sales of $55 million, showing a gain of 2582%. Immutable increased trading volume by 23% to $31 million.
Mad Lads (-44%), CryptoPunks (-41%) and Bored Ape Yacht Club (-50%) were the top collections affected. The number of buyers and sellers declined 6% and 7%, respectively.
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