In March, NFT sales were down 31% compared to last month due to a decrease in the number of buyers and transactions. The data shows that in February, NFT sales reached $1.03 billion, but statistics on the last day of March showed sales in the last 30 days amounting to $882.89 million. Of that, $537.89 million was paid out on the Ethereum (ETH) blockchain, accounting for more than 60% of March sales. Solana-based NFT sales accounted for 10.57% of March sales, with $93.36 million recorded.
In terms of NFT sales, Solana is followed by Polygon ($36.16 million), Immutable X ($28.82 million) and Cardano ($10.08 million). The best-selling NFT collection for March was Bored Ape Yacht Club (BAYC), which generated $35.81 million in revenue, although this represents a 48.19% drop from the previous month. Cryptopunks is the second largest NFT collection in terms of sales, with $30.11 million, up 87.95% from February.
According to statistics from cryptoslam.io, the Bored Ape Yacht Club (BAYC) and Cryptopunks NFT collections are followed by Otherdeed ($29.20 million), MG Land ($25.71 million) and HV-MTL ($18.59 million). Among the top 10 NFT collectibles, Degods sales in March increased 70.53% compared to February, just below the 87.95% increase of Cryptopunks in the same period. Other notable collections that saw increased sales include the Y00ts, the Claynosaurz, and the Whisko NFT.
The most expensive NFT sales of March were Azimuth Points #236, which sold for $704,000, followed by Bored Ape Yacht Club (BAYC) #5,116, sold for $689,000, and Fidenza #971, sold for 561,000 USD. 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 sold for more than a million dollars in March. According to Dappradar.com and Dune Analytics, Blur dominated sales with more than 70%, while Opensea accounted for 19.9%.