NFT Sales Rebound on Bitcoin, Ethereum Chains in May

NFT Sales Rebound on Bitcoin, Ethereum Chains in May

NFT sales on Bitcoin and Ethereum saw a notable revival in May 2025, according to CryptoSlam data , as both platforms experienced increased activity without significant announcements or initiations from their foundational teams.

The market resurgence may signal increased interest and participation, moving beyond the previous months’ downturn and drawing attention from both retail and institutional crypto traders.

In May 2025, NFT transactions on Bitcoin and Ethereum reached new heights, driven by broader market dynamics. CryptoSlam data indicates approximately $76.7 million in sales on Bitcoin and $138 million on Ethereum. This increase, after a five-month decline, highlights a renewed interest in NFTs. The Bitcoin and Ethereum platforms saw 124,000 and 550,000 transactions respectively, underscoring market activity. Decentralized communities remain critical in fostering this growth.

The effects on crypto markets have been substantial, with increases in trader participation and completed transactions. Michael Saylor, CEO of MicroStrategy, remarked, “The uptick in NFT transactions on Bitcoin signifies broader adoption and utility.” This development marks a potential shift and could boost confidence in NFT markets. Wider interest in foundational Layer 1 assets like ETH and BTC has increased.

The financial landscape might benefit if this growth in NFT sales sustains. However, no institutional announcements or regulatory changes have influenced this trend. A focus on market-driven factors is evident. Community sentiments are high, but official leadership responses remain absent. Historical trends suggest such rebounds could yield further interest in NFTs.