A recent report from DappRadar shows that NFT sales surged by 78% despite a significant drop in trading volume of 45%. This indicates a decrease in average prices and may suggest market maturation.
NFT Sales Up 78%
According to the latest report from DappRadar, **NFT sales have increased by 78%**, while trading volume fell by 45% to $867 million. This reflects a deeper **price sensitivity** within the market. Ethereum remains the primary currency for NFT trading, and yet **Polygon and other chains** are seeing increased usage, despite the decline in average NFT prices.
User Base Boosts Market Maturation
The drop in trading volume signals a potential **shift in market sentiment**. Despite the price drop, the user base grew by 20%, revealing **increased participation** in the NFT space. DappRadar indicates that this growing user count signifies a notable **shift in market dynamics** beyond the traditional bull-bear cycle.
Historical NFT Price Trends
Similar trends were observed in March 2025 when **NFT volumes fell**. Historically, low NFT prices tend to attract new retail participants, rejuvenating market interest. The current subdued NFT market contrasts with traditional metrics such as the **increase in DeFi’s TVL**, demonstrating divergence within the crypto sector.
In summary, despite the decline in trading volumes, the increase in sales and user base indicates ongoing evolution within the NFT market. These changes may present new opportunities for investors and traders alike.