The non-fungible token market has experienced another slump in April 2025

The non-fungible token market has experienced another slump in April 2025, marked by a fall in trading sales volume and floor price values. In the past 30 days, the global non-fungible token market has recorded a trading sales volume of $389 million, down 39.58% from the previous month.

According to the on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, CryptoSlam.io, on April 30, the non-fungible token market experienced a decline in trading sales volume and floor price values across various blockchain networks.

From April 01 to April 30, the Ethereum-based NFT collections recorded a trading sales volume of over $109 million. During this period, the Ethereum NFT trading sales volume plunged by 44% from the past month.

Among the top five most-traded blockchain networks in the NFT market, Polygon, a renowned Ethereum scaling solution blockchain network, has been the top blockchain network in the NFT market in April 2025, reclaiming its dominance from Base. From April 01 to April 30, the Polygon NFT collections raised a trading sales volume of $72 million. During this period, the Polygon NFT trading sales volume plunged by 43% from the past month.

Bitcoin, the blockchain network renowned in the NFT market for powering the popular Runes, BRC-20, and Ordinal collections, has been the third most-traded blockchain network in the NFT market in April. From April 01 to April 30, the Bitcoin-based NFT collection amassed a trading sales volume of $63 million. During this time, the Bitcoin NFT trading sales volume has plunged 26% from the past month.

The fourth most-traded blockchain network in the global NFT market in April 2025 was Mythos Chain, a PolkaDot-based parachain ensuring secure and efficient transactions across the entire Mythos gaming ecosystem. From April 01 to April 30, the Mythos Chain-based NFT collection recorded a trading sales volume of $40 million. During this period, the Mythos Chain NFT sales volume has surged 29% from the past month.

The fifth most-traded blockchain network in the global NFT market in April 2025 was Solana, a decentralized blockchain network renowned for hosting a variety of smart contracts for non-fungible token collections. From April 01 to April 30, the Solana-based NFT collections raised a trading sales volume of $36 million. During this time, the Solana NFT trading sales volume fell 33% from the past month.

Top NFT Sales In April

The most costly non-fungible token collection sold in April 2025 was CryptoPunks #3100, which sold for $6 million 20 days ago. The second most-expensive non-fungible token collection sold in April was Uncategorized Ordinal, which sold $558,755 seven days ago. The third most-expensive non-fungible token collection sold in April was gUSD Locked Deposit #349, which sold for $500,000 nine days ago.

Courtyard, one of the fastest-growing collectibles startups, is also securely tokenizing physical collectibles like cards, sneakers, watches, and more into NFTs. Courtyard’s native token is $COURT, and it’s used for trading in the Courtyard ecosystem. The Courtyard NFT collection has been the most-traded NFT collection in the NFT market in April. From April 01 to April 30, the Courtyard NFT collection recorded a trading sales volume of $65 million. During this time, the Courtyard NFT trading sales volume surged 18% from the past month.

The second most-selling NFT collection in the NFT market in April was DMarket, a non-fungible token collection presenting in-game virtual items of popular online games like Counter-Strike, Rust, and Dota 2. From April 01 to April 30, the DMarket NFT collection raised a trading sales volume of $39 million. During this period, the DMarket NFT trading sales volume plunged by 4.37% from the past month.

The third most-selling NFT collection in the global NFT market in April was CryptoPunks, a globally acknowledged non-fungible token collection featuring a limited edition of 10,000 pixelated NFTs previously from the digital asset firm Larva Labs but now managed by Yuga Labs. From April 01 to April 30, the CryptoPunks NFT collection recorded a trading sales volume of $19 million. During this time, the CryptoPunks NFT sales volume has plunged by 3.9% from the past month.

The fourth most-selling NFT