NFT sales volumes dropped to $1.5 billion in the first quarter of 2025, a 63% decline compared to the same period in 2024.

CryptoPunks, the top-tier NFT collection of the blockchain, has recently faced a trust loss from investors after a tax evasion bust.

While overall NFT sales saw a slight decrease, specific projects like Pudgy Penguins and Milady experienced a surge in popularity and sales. Despite the general decline in NFT sales, Pudgy ...