Newsletter #215: Rebound
In May, the NFT market experienced a notable resurgence, breaking a consistent downward trend that had lasted through the first five months of 2025.
This week’s featured collector is korion2525
Korion2525 has a few interesting NFTs, including a Minter Token that proves they once minted a Bored Ape. Check it out at lazy.com/korion2525
Which aspect of Cell-NFTs excites you most?
The poll results show a clear enthusiasm among respondents for the empowerment potential of Cell-NFTs, especially in the area of personal data control. An overwhelming majority (71%) are most excited about the opportunity to own and control their health data directly. This highlights a significant trend towards decentralization and personal sovereignty over sensitive biometric information.
Additionally, 29% of participants are excited by the innovative convergence of laboratory science and blockchain technology. Interestingly, other aspects such as advancing healthcare research, strong privacy and ethical safeguards, and the unique rarity of the NFTs did not receive any votes, suggesting that collectors’ primary interests lie predominantly in personal data autonomy and the intersection of biotech and blockchain.
NFT Monthly Sales Recovered Slightly in May
In May, the NFT market experienced a notable resurgence, breaking a consistent downward trend that had lasted through the first five months of 2025. According to CryptoSlam, monthly NFT sales saw a 15% increase, climbing from $373 million in April to $430 million in May. Perhaps even more compelling, unique NFT buyers surged dramatically, jumping by 50% from approximately 622,000 in April to over 936,000 in May—the highest number of buyers seen since October 2024.
A particularly intriguing insight is the divergence between buyer and seller behaviors. While new and returning buyers flooded the market, the number of NFT sellers continued to decline, dropping to around 284,600. This marks the lowest seller count recorded on CryptoSlam’s platform since April 2021. This discrepancy could suggest that sellers are becoming more selective, potentially holding on to premium collectibles longer. Consequently, the shortage of available NFTs in the market could lead to heightened competition and higher valuations as buyers compete for scarcer offerings.
Market strategists have taken notice of these trends, indicating cautious optimism about the NFT market’s immediate future. Yehudah Petscher from CryptoSlam predicts a broader market rebound, particularly in tandem with the expected rise of Bitcoin and general crypto market momentum. However, he cautions collectors to temper their expectations, noting that while optimism is justified, the euphoric peaks of 2021 and 2022 may not return. Further amplifying this sentiment, DappRadar analyst Sara Gherghelas has pointed out that fresh catalysts could be critical for sustained NFT growth, highlighting real-world asset (RWA) NFTs as a promising sector to watch. Indeed, the successful launch of Courtyard’s RWA marketplace recently drove Polygon-based NFT sales above Ethereum’s weekly totals, underscoring potential new pathways for growth and adoption.
Read the full report at CoinTelegraph.
How bullish are you on NFTs after May's rise?
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