The NFT Market Has Continued to Plummet Month-over-Month

The non-fungible token market has continued plummeting month-over-month in nearly all metrics since its peak season in late last year.

The non-fungible token market has continued plummeting month-over-month in nearly all metrics since its peak season in late last year. For another month, the global NFT market has plunged in trading sales volume.

From March 01 to March 30, the NFT market recorded a trading sales volume of $419 million. During this period, the global NFT sales volume fell by 43% from the past month.

An on-chain crypto market data aggregator and multi-chain non-fungible token collection explorer, crypto slam, has disclosed that the global NFT market has again plunged in trading sales volume this month.

From March 01 to March 30, the NFT market raised a trading sales volume of $419 million, down 43% from the past month. During this time, the global NFT sales volume decreased by 40%.

Ethereum, the blockchain network popularly known in the NFT market for hosting most blue-chip NFTs, was the most-traded blockchain network in March. From March 01 to March 30, the Ethereum-based NFT collections raised a trading sales volume of $127 million.

During this time, the Ethereum NFT trading sales volume plunged 58% from the past month.

Bitcoin, the blockchain network popularly known in the NFT market for Ordinals, Runes, and BRC-20 NFT collections, was the second most-traded blockchain network in the NFT market in March. From March 01 to March 30, the Bitcoin-based NFT collection raised a sales volume of $71 million.

During this time, the Bitcoin-based NFT sales volume plunged by 32% from the past month.

Polygon, an Ethereum scaling solution blockchain network renowned in the global NFT market for top NFTs like Courtyard, was the third most-traded blockchain network in March. From March 01 to March 30, the Polygon-based NFT collections recorded a trading sales volume of $63 million.

During this period, the Polygon NFT sales volume plunged by 41% from the past month.

Solana, an open-source blockchain network that supports smart contracts, including non-fungible tokens and a variety of decentralized applications, was the fourth most-traded NFT blockchain network in March. From March 01 to March 30, the Solana-based NFT collection raised a trading sales volume of $48 million.

During this time, the Solana NFT sales volume plunged by 10% from the past month.

Mythos Chain, a renowned Ethereum-based network ensuring the secure and efficient gaming items transactions in the Mythos gaming ecosystem, was the third most-liable blockchain network in the NFT market in March. From March 01 to March 30, the Mythos Chain-based NFT series recorded a trading sales volume of $42 million.

During this time, the Mythos Chain NFT trading sales volume plunged by 24.93% from the past month.

Top Selling NFTs In March 2025

Courtyard, a non-fungible token collection consisting of 80,461 unique digital items living on the Polygon blockchain network, was the most-selling non-fungible token series in the global NFT market in March. From March 01 to March 30, the Courtyard NFT collection recorded a trading sales volume of $54 million.

During this time, the Courtyard NFT trading sales volume surged 48% from the past month.

DMarket, a non-fungible token collection representing in-game virtual items of popular online games like Counter-Strike, Rust, and Dota 2, was the second most-selling NFT collection in the NFT market in March. From March 01 to March 30, the DMarket NFT collection recorded a sales volume of $41 million.

During this time, the DMarket NFT trading sales volume surged by 2.22% from the past month.

CryptoPunks, a globally acknowledged non-fungible token collection featuring a limited supply of 10,000 pixilated NFTs previously created by Larva Labs but now managed by Yuga Labs, was the third most-selling NFT collection in the NFT market in March. From March 01 to March 30, the CryptoPunks NFT collections raised a trading sales volume of $19 million.

During this period, Punks NFT sales volume soared 37.91% from the past month.

$??, a non-fungible token collection created exclusively on the Bitcoin blockchain network using the BRC-20 protocol, was the fourth most-selling non-fungible token collection in the global NFT market in March. From March 01 to March 30, the $?? BRC-20 NFT collection recorded a trading sales volume of $1