NFT Sales Drop By 31.26% In April, Bitcoin Leads The Market

According to PANews, data from Cryptoslam.io reveals that the sales of Non-Fungible Tokens (NFTs) in April amounted to approximately $1.15 billion, marking a 31.26% decrease from March. The number of NFT buyers also fell by 51.88%, while the number of sellers decreased by 45.72% during the same period. Among the 24 blockchain networks minting NFTs, Bitcoin emerged as the leader last month, with sales reaching $597.62 million. Despite this, NFT sales based on Bitcoin in April still saw a 4.3% drop compared to March. Ethereum-based NFT sales saw a significant decline, falling to $247.32 million, a 56.8% decrease from the previous month. NFT sales based on SOL also fell by 39.4%, slightly above $159 million.