Telegram NFT Gifts Hit $49M in Sales with 322K Wallets Active

• Telegram NFT Items recorded over $49M in major gross sales, highlighting speedy adoption inside its newly launched on-chain gifting ecosystem.
• Greater than 322,000 wallets have interacted with Telegram NFT Items, with most exercise occurring in 2025 wallets.

With out a lot fanfare, Telegram’s digital present function has reworked into a robust NFT buying and selling platform.

In line with Dune information, the first gross sales have exceeded $49 million, simply from digital presents despatched by way of chat. In truth, the variety of wallets concerned in these transactions has reached 322,000, indicating this ecosystem isn’t any mere passing fad.

Supply: Dune

Telegram NFT Items See Surge Amid Rising Pockets Exercise

A complete of 118 present varieties are in circulation. Of those, 86 have been absolutely upgraded to NFTs. The remainder haven’t, both as a result of they haven’t had the time or just aren’t . Nonetheless, consumer enthusiasm stays robust. One motive is sort of easy: if presents are despatched off-chain, the conversion to NFT takes about 21 days. Due to this fact, many select to commerce them straight via a quicker and extra instantaneous channel.

One other attention-grabbing discovering emerged from the pockets age distribution information. The bulk, over 60%, of actively transacting wallets had been created in 2025. This means that new customers are persevering with to reach, not simply outdated gamers casually opening outdated wallets.

It doesn’t cease there, the undertaking’s estimated full worth (FDV) has already reached $194 million, with an lively market cap of round $161 million. Though not all presents have been transformed into NFTs but, the market potential seems monumental.

Moreover, since final April, Telegram Stickers have additionally change into tradable on a number of over-the-counter marketplaces, and this gifting function is now more and more built-in with customers’ social actions on the app.

From Digital Weed to Stars: How NFTs Are Getting Private

In the meantime, on July tenth, CNF reported that Snoop Dogg efficiently bought practically 1 million NFTs straight on Telegram utilizing the blockchain-based gifting function TON. His assortment is sort of putting, together with classic vehicles, swag baggage, digital marijuana, and even digital canines with a unusual but distinctive visible fashion.

And sure, every part may be displayed straight on customers’ Telegram profiles. Moreover, these NFTs will also be transformed into “Stars,” a sort of social reward that provides worth to their homeowners.

That is proof that NFTs on Telegram are usually not simply collectibles, however are additionally beginning to have social makes use of. Moreover, this development coincided with a surge in world NFT gross sales quantity in July 2025, which was the second-highest month of the yr.

Whereas the variety of distinctive consumers really decreased, transaction quantity really elevated. Ethereum nonetheless leads within the variety of NFT transactions, however Cardano stole the present with the very best proportion development in quantity.

All of this factors to 1 factor: NFTs to be used—not only for show or storage—are beginning to take heart stage. And Telegram, whereas initially generally known as a messaging app, is now beginning to appear to be a bustling, crowded, and extremely lively digital market.