NFT sales fell 31% month-on-month in March

According to statistics, NFT sales in March fell by 31.42% month-on-month, from US$1.03 billion in February to US$882.89 million.

NFT sales slow in March

In March, NFT sales fell 31% month-on-month due to fewer buyers and fewer transactions. The data shows that NFT sales reached US$1.03 billion in February, but statistics on the last day of March showed that sales in the last 30 days were US$882.89 million. Among them, the Ethereum (ETH) blockchain paid $537.89 million, accounting for more than 60% of March sales; Solana-based NFT sales accounted for 10.57% of March sales, recording $93.36 million.

30-day NFT sales for March 31, 2023. Source:

In terms of NFT sales, it is followed by Polygon ($36.16 million), Immutable X ($28.82 million) and Cardano ($10.08 million). The best-selling NFT collection in March was Bored Ape Yacht Club (BAYC), which generated $35.81 million in revenue, although this was down 48.19% from the previous month. Cryptopunks was the second-largest NFT series by sales, with sales of $30.11 million, an increase of 87.95% from February.

This is followed by Bored Ape Yacht Club (BAYC) and Cryptopunks NFT collectibles, followed by Otherdeed ($29.2 million), MG Land ($25.71 million), and HV-MTL ($185,900), according to statistics. Dollar). Among the top 10 NFT collectibles, Degods’ sales in March increased by 70.53% compared to February, slightly lower than Cryptopunks’ 87.95% growth in the same period. Other notable series that saw increased sales this month include Y00ts, Claynosaurz, and Whisko NFTs.

The most expensive NFT sale this month was Azimuth Points #236 at $704,000, followed by Bored Ape Yacht Club (BAYC) #5,116 at $689,000 and Fidenza #971 at $561,000. BAYC #2,062 sold for $557,000 five days ago, while Fidenza #395 sold for $547,000 just over a month ago. According to 30-day statistics, no NFT transaction price exceeded US$1 million in March. According to and Dune Analytics, Blur accounted for more than 70% of sales, while Opensea accounted for 19.9%.

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