NFT sales surge to $574 million in July, second-highest in 2025

3 weeks ago

Non-fungible token (NFT) income surged to implicit $574 cardinal successful July, marking the second-highest monthly measurement this year, according to information from NFT tracker CryptoSlam.

The fig represents a 47.6% summation from June’s $388.9 cardinal but trails January’s $678.9 million, the highest recorded monthly income measurement successful 2025.

The fig of transactions dipped from 5.5 cardinal to 5 million, a 9% driblet month-over-month. However, the mean merchantability worth climbed to $113.08, the highest successful six months, suggesting increasing appetite for higher-value assets.

Unique buyers dropped to 713,085, down 17% from July’s 860,134, portion unsocial sellers accrued to 405,505, up 9% month-on-month. The imbalance suggests buyers are consolidating, with less participants making larger purchases.

According to NFT Price Floor, the wide marketplace capitalization for the NFT assemblage is implicit $8 billion, up 21% from its valuation of $6.6 cardinal connected July 24.

Ethereum-based collections predominate the NFT abstraction successful July

In July, Ether (ETH) surged to implicit $3,900, a 62% summation from its Aug. 1 terms of astir $2,400. At the clip of writing, ETH maintains a terms supra $3,800.

The asset’s rally besides influenced an summation successful valuations for Ethereum-based collections. In the past 30 days, NFT Price Floor information shows that each of the apical 10 collections by marketplace capitalization are Ethereum-based NFTs.

In presumption of full worth traded successful 30 days, CryptoPunks led the database with implicit $69.2 million, according to NFT Price Floor. Pudgy Penguins followed with $55.5 million, portion the Polygon-based Courtyard NFTs held the 3rd spot with $23.8 million.

Growth-wise, Pudgy Penguins outpaced adjacent CryptoPunks successful July. The postulation showed a singular 65.44% summation successful level prices. This eclipses the show of different blue-chip collections similar the Bored Ape Yacht Club (BAYC) oregon the Mutant Ape Yacht Club (MAYC).

Ethereum blockchain records $275 cardinal successful NFT sales

Ethereum continued to predominate blockchain-based NFT activity, with $275.6 cardinal successful sales. This marks a 56% maturation successful the past 30 days, according to CryptoSlam. Bitcoin and Polygon followed, signaling $74.3 cardinal and $71.6 million, respectively.

Meanwhile, Cardano showed the astir important percent maturation astatine 102%, portion Solana saw humble gains of 8%.

Despite being 1 of the apical blockchains by NFT sales, Polygon’s income measurement fell by 51.1% compared to the erstwhile month. In addition, the information showed that BNB Chain had a 54% alteration successful sales.