July 3 (Cointime) - Sales volume of Ethereum and Polygon-based NFTs on OpenSea hit a low in June, marking a 75% decline in monthly sales since February.

The drop in sales was due to a market-wide decline in interest in profile-picture NFTs. Despite the low sales volume, June saw an 82% increase in NFT sales count compared to May.

The Blue Chip NFT Index also experienced a 28% decline in Q2, with leading NFT projects such as Bored Ape Yacht Club and CryptoPunks seeing a decrease in floor prices.