NFT gross sales surged to over $574 million in July, marking the second-highest month-to-month complete in 2025, in keeping with information from CryptoSlam.
Key Takeaways:
- NFT gross sales jumped to $574 million in July, marking a 47.6% month-to-month enhance.
- Consumers are consolidating round high-value belongings, with common sale costs hitting $113.
- Ethereum-based collections dominated the market, fueled by ETH’s worth surge.
The determine displays a 47.6% soar from June’s $388.9 million, although it nonetheless lags behind January’s peak of $678.9 million.
Whereas greenback quantity soared, exercise barely cooled when it comes to particular person transactions. The variety of trades slipped by 9% to 5 million, down from 5.5 million in June.
Notably, the typical sale worth rose sharply to $113.08, the best stage in half a yr, indicating a shift towards higher-value purchases.
A notable development in July was the shrinking pool of patrons. Distinctive patrons dropped by 17% to 713,085, whereas distinctive sellers climbed 9% to 405,505.
The information factors to market consolidation, with fewer patrons buying dearer NFTs, whereas sellers proceed to dump belongings into the rally.
General market sentiment remained bullish. NFT Worth Ground reported that complete NFT market capitalization reached $8 billion, a 21% soar from its July 24 determine of $6.6 billion.
Ethereum’s rally additionally performed a task. The cryptocurrency surged previous $3,900 in July, gaining over 62% since early August 2024. At press time, ETH stays above $3,800.
The energy of Ethereum helped carry valuations throughout NFT collections constructed on its community.
The entire high 10 NFT collections by market cap previously month had been Ethereum-based, with CryptoPunks main in complete worth traded at $69.2 million. Pudgy Penguins adopted intently at $55.5 million, whereas Polygon-based Courtyard NFTs ranked third with $23.8 million.
Pudgy Penguins confirmed essentially the most notable progress amongst top-tier collections, posting a 65.44% enhance in ground costs, outpacing even blue-chip names like Bored Ape Yacht Membership and Mutant Ape Yacht Membership.
Ethereum dominated NFT blockchain exercise with $275.6 million in gross sales for the month, up 56% from June.
Bitcoin and Polygon adopted with $74.3 million and $71.6 million, respectively.
Cardano posted the biggest share progress at 102%, whereas Solana recorded a modest 8% rise. On the draw back, Polygon’s quantity slipped 51.1%, and BNB Chain noticed a 54% drop in gross sales.
NFT Lending Market Crashes 97% as GONDI Surpasses Blur
The NFT lending sector has collapsed from practically $1 billion in month-to-month quantity in January 2024 to only $50 million in Might 2025, a staggering 97% decline.
Debtors and lenders have largely exited, common mortgage sizes have dropped by over 70%, and confidence within the area has eroded, in keeping with DappRadar.
Mortgage durations are shortening too, with the typical now at 31 days, reflecting a extra cautious lending panorama.
Notably, in current months, DraftKings, GameStop, and Bybit have all shut down their NFT platforms, with Bybit citing a steep decline in buying and selling volumes in its April 8 announcement.
X2Y2 has additionally revealed plans to wind down its market by April 30 to pivot towards synthetic intelligence.
Again in March, Starbucks, the famend multinational espresso chain, determined to terminate its NFT rewards program.
The submit NFT Sales Hit $574 Million in July, Second-Highest Monthly Total of 2025 appeared first on Cryptonews.
