Circle IPO Expands, DeFi Losses Increase, Polygon NFTs Surge

Data from CryptoSlam reveals that the total sales volume of NFTs utilizing the Polygon platform has surpassed $2 billion. This milestone reflects ongoing growth in the market for digital collectibles on Polygon, even amid the wider decline in the global NFT sector.

Since November 2024, monthly sales on Polygon have shown a steady increase. Sales rose from $16.3 million that month to $74.7 million by May 2025. Much of this expansion can be attributed to Courtyard, a marketplace focused on real-world asset (RWA) NFTs, which has achieved all-time sales of $277 million, trailing only DraftKings at $287 million.

Within Polygon’s NFT ecosystem, user engagement has steadily climbed, with monthly transactions exceeding 800,000 from March to May 2025. February saw the number of unique buyers peak at 134,000. By May, the average sale price surged to $89, reflecting a remarkable 242% increase since the end of 2024.

Also Read: Crypto Prices Today: Bitcoin Price at $106,080, ETH Drops to $2,635, DOGE Falls 7%

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