Non-fungible tokens (NFTs) experienced a surge in sales during May, following a consistent decline in 2025. Data from CryptoSlam reveals that NFT sales in May reached $430 million, up by 15% from April's $373 million. This increase marks the first monthly rise in sales for the year, indicating a renewed enthusiasm for digital collectibles. May also witnessed the highest number of transactions in 2025, totaling 5.5 million. The spike in sales can be attributed to the growing number of unique NFT buyers, which increased by 50% to over 936,000 in May. In contrast, the number of NFT sellers decreased to around 284,600, the lowest since April 2021. This disparity between buyers and sellers may lead to more competitive bidding and potentially higher valuations. Experts predict a market rebound for NFTs, albeit with a more cautious outlook compared to previous highs. Read more AI-generated news on: https://app.chaingpt.org/news

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