NFT sales surge to $574 million in July, second-highest in 2025
Non-fungible token (NFT) gross sales surged to over $574 million in July, marking the second-highest month-to-month quantity this 12 months, in line with knowledge from NFT tracker CryptoSlam.
The determine represents a 47.6% improve from June’s $388.9 million however trails January’s $678.9 million, the very best recorded month-to-month gross sales quantity in 2025.
The variety of transactions dipped from 5.5 million to 5 million, a 9% drop month-over-month. Nevertheless, the common sale worth climbed to $113.08, the very best in six months, suggesting rising urge for food for higher-value belongings.
Distinctive consumers dropped to 713,085, down 17% from July’s 860,134, whereas distinctive sellers elevated to 405,505, up 9% month-on-month. The imbalance suggests consumers are consolidating, with fewer members making bigger purchases.
In line with NFT Worth Flooring, the general market capitalization for the NFT sector is over $8 billion, up 21% from its valuation of $6.6 billion on July 24.
High 10 NFT collections by market capitalization. Supply: NFT Worth Flooring
Ethereum-based collections dominate the NFT house in July
In July, Ether (ETH) surged to over $3,900, a 62% improve from its Aug. 1 value of round $2,400. On the time of writing, ETH maintains a value above $3,800.
The asset’s rally additionally influenced a rise in valuations for Ethereum-based collections. Within the final 30 days, NFT Worth Flooring knowledge exhibits that the entire high 10 collections by market capitalization are Ethereum-based NFTs.
By way of whole worth traded in 30 days, CryptoPunks led the checklist with over $69.2 million, in line with NFT Worth Flooring. Pudgy Penguins adopted with $55.5 million, whereas the Polygon-based Courtyard NFTs held the third spot with $23.8 million.
Development-wise, Pudgy Penguins outpaced even CryptoPunks in July. The gathering confirmed a exceptional 65.44% improve in ground costs. This eclipses the efficiency of different blue-chip collections just like the Bored Ape Yacht Membership (BAYC) or the Mutant Ape Yacht Membership (MAYC).
Associated: Memecoin $79B rally means capital has nowhere higher to go: Exec
Ethereum blockchain data $275 million in NFT gross sales
Ethereum continued to dominate blockchain-based NFT exercise, with $275.6 million in gross sales. This marks a 56% progress within the final 30 days, in line with CryptoSlam. Bitcoin and Polygon adopted, recording $74.3 million and $71.6 million, respectively.
In the meantime, Cardano confirmed essentially the most vital proportion progress at 102%, whereas Solana noticed modest positive aspects of 8%.
Regardless of being one of many high blockchains by NFT gross sales, Polygon’s gross sales quantity fell by 51.1% in comparison with the earlier month. As well as, the information confirmed that BNB Chain had a 54% lower in gross sales.
Journal: Jack Butcher’s no fan of NFT royalties: ‘You’re getting paid on churn’
