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The non-fungible token market has experienced another slump in April 2025, marked by a fall in trading sales volume and floor price values. In the past 30 days, the global non-fungible token market has recorded a trading sales volume of $389 million, down 39.58% from the previous month. In this article, we shall explore the full state of the global NFT market in April 2025, as well as what collectors and traders should expect in the market in May 2025. NFT Sales Plunge 40% In April 2025 Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market has plunged again in trading sales volume and floor price values. From April 01 to April 30, the global non-fungible token market recorded a trading sales volume of $389 million, down 39.8% from the past month. The NFT market raised a trading sales volume of $419 million, down 43% from the past month. Source: CryptoSla...

Ethereum (ETH) has once again breached the $4000 level. The asset has rallied 1.4% in the daily charts, 8.1% in the weekly charts, 10.1% in the 14-day charts, and 30% over the previous month. ETH’s price has also risen by 80.5% since December 2023. Also Read: Walmart is Yahoo’s Company of the Year: What’s It’s Stock Future? Source: CoinGecko Why Is Ethereum Rallying? ETH has struggled to hold the $4000 price point this year. The second-largest crypto project by market cap breached the $4000 mark in March and earlier this month. Prices did not hold in both instances, and the asset quickly faced a correction. Source: CNBC Also Read: Why is XRP called Ripple? ETH’s latest rally could be due to Bitcoin (BTC) rising to a new all-time high of $107,822 on Dec. 16, 2024. BTC is the market leader, and other assets tend to follow its trajectory. With Donald Trump’s inauguration set to take place on Jan. 20, 2025, we may witness another market-wide rally. Trump’s pro-crypto...