NFT Market Crashes 63%: Sales Down $2.6B Year-Over-Year

TL;DR NFT sales dropped 63% during the first quarter of 2025, falling from $4. 1 billion to $1. 5 billion. Pudgy Penguins, Doodles, and Milady Maker grew despite the downturn, while CryptoPunks and BAYC suffered major declines. Bitcoin NFTs saw an increase in average price, but sales plummeted by 79%. The NFT market experienced a sharp decline. . . source: https://crypto-economy.com/nft-market-crashes-63-sales-down-2-6b-year-over-year/