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<p>The post <a href="https://coinpedia.org/crypto-live-news/nft-sales-volume-collapse-by-54-in-may-2024/" rel="noopener noreferrer nofollow">NFT Sales Volume Collapse By 54% In May 2024</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The NFT sales in May 2024 experienced a sudden decline of 54% as the global NFT market raised a trading sales volume of $625 million. According to Cryptoslam’s dashboard, the Bitcoin network is the biggest loser, with sales dropping by more than 71% over the last 30 days. Over the same period, Ethereum’s native NFT sales fell by more than 55%. Solana also dropped by 48% from the past month. The biggest NFT winner in May was the Ethereum L2, which saw sales surging by a remarkable 2,529%.</p>

NFT Sales Volume Collapse By 54% In May 2024

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