NFT Sales Jump +40% In The Past 24 Hrs – Are NFTs Back?

The worldwide non-fungible token market has skilled a big improve in day by day buying and selling gross sales quantity, reaching greater than $21 million over the previous day. This marks a 41% rise in comparison with the day prior to this’s $13 million. The surge in NFT gross sales coincides with notable features in Bitcoin and different cryptocurrencies. The flagship crypto “Bitcoin” has climbed again previous $100,000 for the primary time in months.

NFTs Soar +40% In Every day Gross sales Quantity

Knowledge compiled by cryptoslam.io, an on-chain crypto market information aggregator and multi-chain non-fungible token assortment explorer, confirms that the worldwide non-fungible token market has made constructive features at the moment after struggling a brutal meltdown up to now a number of months. Previously 24 hours, the worldwide NFT market has attracted a buying and selling gross sales quantity of $21 million, up 41% from the previous day.

Ethereum, the blockchain community famend for powering nearly all of NFT collections, led the cost at the moment with a buying and selling gross sales quantity of $9.2 million, reflecting a 118% improve from the day prior to this. Polygon, an Ethereum scaling blockchain community, follows the Ethereum community carefully with a day by day buying and selling gross sales quantity of $2.7 million. Nonetheless, the Polygon NFT gross sales quantity has plunged 10% from the previous day.

Different blockchain networks, together with Mythos Chain, Bitcoin, and Solana, have additionally recorded +10% development at the moment. Previously 24 hours, Mythos Chain-based has recorded a gross sales quantity of $2.4 million, whereas the Bitcoin-based NFT collections recorded a buying and selling gross sales quantity of $1.9 million. The Solana-based NFT collections have amassed a buying and selling gross sales quantity of $1.3 million.

Is the NFT Bear Market Over?

The current surge in non-fungible token buying and selling gross sales quantity comes because the market reveals indicators of restoration, breaking a protracted downturn in month-to-month gross sales. The NFT market started showcasing cracks in January 2025 after falling by over 30% in gross sales quantity to 679 million. Since then, the NFT gross sales have tanked drastically, flipping from $679 million to simply $430 million in April 2025. The current bullish momentum in NFT gross sales may mark the tip of the current NFT bear market.

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