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After months of quiet exercise, the non-fungible token (NFT) market appears to show indicators of a comeback.
It’s as a result of weekly buying and selling quantity rose to $128 million whereas lively consumers jumped by greater than 50%, based on NFT trade information aggregator CryptoSlam.io.
Nevertheless, a brand new report by web3 instrument for decentralized functions DappRadar confirmed that NFT buying and selling volumes fell sharply within the second quarter of 2025, marking the fifth consecutive quarterly decline.
NFT Buying and selling Hits New Low
Buying and selling exercise dropped 80% year-on-year to $823 million, down from $4 billion in Q2 2024. The plunge marks the sector’s lowest efficiency for the reason that peak of the NFT growth in 2022, based on a DappRadar report.
Regardless of the drop in buying and selling quantity, total NFT gross sales rose by 78%, indicating that whereas curiosity stays, costs have considerably declined. Gaming NFTs dominated the quarter, with Guild of Guardians taking two spots within the high 5 collections, outperforming well-known collections like CryptoPunks and Bored Ape Yacht Membership.
In the meantime, profile image (PFP) NFTs noticed a 72% lower in quantity, whereas Actual World Belongings (RWAs) moved up in rating with a 29% rise. Area NFTs additionally gained traction, significantly on the TON blockchain, the place Telegram customers bought nameless number-based domains.
The artwork class, alternatively, recorded a 51% drop in quantity however a 400% surge in whole gross sales, suggesting broader accessibility at lower cost factors.
Lastly, the variety of month-to-month NFT merchants elevated by 20% to 668,598, signaling renewed participation from customers exploring completely different use instances past conventional collectibles.
Will There Be an NFT Comeback?
In a report from insidebitcoins.com, it famous that the NFT market is exhibiting indicators of restoration within the first week of July, with whole buying and selling quantity reaching $128.4 million, marking a 1.84% improve from the earlier week.
In keeping with information from CryptoSlam.io, the variety of NFT consumers additionally surged to over 1.06 million, up 50.56%, whereas the variety of sellers and transactions additionally noticed notable development.
As of writing, prior to now 24 hours, the worldwide NFT market remains to be exhibiting robust upward momentum, with gross sales quantity reaching $18.07 million, a rise of 23.66%. The variety of NFT consumers rose by 21.71% to 96,382, whereas sellers grew by 4.90% to six,830. Transactions additionally noticed a wholesome rise, climbing 9.19% to a complete of 216,887.
As well as, from July 3 to July 9, 2025, Ethereum led NFT blockchain gross sales by quantity with $23.7 million, up 5.39%, adopted carefully by Polygon at $23.6 million, which grew 12.33% and recorded the biggest variety of consumers at over 110,600—a 35.63% improve. Mythos Chain got here in third with $14.3 million in gross sales, whereas Bitcoin posted a powerful 41.41% surge to $12.7 million, persevering with its rising momentum within the NFT house. BNB Chain recorded $9.3 million in gross sales.
In the meantime, Immutable, as soon as a high performer as per the report from insidebitcoin, dropped by 35.08% to $5.9 million prior to now week.
In a response to BitPinas inquiry, Jopet Arias, a recognized Filipino NFT artist and the co-founder of TLYR Collective, weighed in on the latest spike in NFT gross sales, pointing to web3 gaming because the seemingly driver behind the renewed market exercise.
“The latest spike in NFT gross sales seems to be coming principally from the gaming sector — particularly from collectibles tied to web3 video games… After wanting into it, a few of these video games do appear respectable. Whereas they’re not AAA-level when it comes to polish, there’s one thing intriguing about them.”
Jopet Arias, NFT Artist and Co-Founder, TLYR Collective
The Filipino NFT artist famous that most of the initiatives present early promise, with previews and web sites suggesting groups are actively constructing playable and interesting experiences. Arias emphasised that if the present gross sales information displays actual curiosity in gaming NFTs, it may sign a wholesome shift within the house, one which encourages exploration of latest codecs and financial fashions.
Nevertheless, Arias expressed warning, noting that many web3 video games stay of their early growth levels. He identified that these initiatives typically nonetheless lack refined gameplay, cohesive storytelling, and powerful world-building, key components that outline lasting recreation IPs. Whereas the curiosity is promising, he has but to attempt these video games himself, as most are nonetheless discovering their footing.
Trying forward, Arias stated he’s most thinking about seeing these initiatives mature and evolve past speculative hype.
“What I’m wanting ahead to is seeing these initiatives mature — to maneuver past hype and inflated valuations, and simply be referred to as what they’re: video games. Video games that individuals take pleasure in not as a result of they’re tied to tokens, however as a result of they provide one thing significant, enjoyable, or emotionally resonant. The web3 label shouldn’t be the primary promoting level. The expertise itself ought to be.”
Jopet Arias, NFT Artist and Co-Founder, TLYR Collective
Prime NFT Tasks
Previously seven days, CryptoSlam.io exhibits that NFT buying and selling exercise has remained concentrated amongst a couple of standout collections, with Courtyard, DMarket, and DNS main the rankings by gross sales quantity.
The highest 5 NFT assortment rankings by gross sales quantity embody Courtyard, which led with $17.56 million, even with a small drop in exercise. DMarket got here second with $9.13 million and essentially the most transactions, exhibiting regular person engagement. DNS was the most important gainer, leaping 334% to $4.88 million in gross sales, although it had only some consumers. Nevertheless, PGNFT and Guild of Guardians Heroes each noticed massive drops in gross sales and customers.
Courtyard
Courtyard is a blockchain-powered platform that transforms bodily collectibles, akin to buying and selling playing cards and memorabilia, into NFTs, permitting customers to purchase, promote, and commerce them digitally.
Every merchandise is securely saved in a vault and backed 1:1 by a token on the Polygon community, making certain authenticity and possession. Collectors can redeem the bodily merchandise at any time by burning the NFT or proceed buying and selling it on-line.
DMarket
DMarket is an NFT market targeted on esports and in-game collectibles akin to skins, weapons, and armor from standard multiplayer video games like CS:GO, Dota 2, Workforce Fortress 2, and Rust.
It permits customers to tokenize and commerce digital gadgets as NFTs, providing options like prompt gross sales, bidding, and even face-to-face buying and selling with out transferring belongings off-platform. It helps over 40 fee strategies and has processed greater than 40 million transactions since its launch. DMarket appeals primarily to avid gamers and esports followers, mixing blockchain know-how with the gaming financial system.
DNS
A DNS NFT, also known as an NFT area, is a blockchain-based various to conventional domains managed by the Area Title System (DNS). As an alternative of being managed by centralized registrars, NFT domains are saved on a blockchain and are represented as NFTs.
This provides the proprietor full management and everlasting possession of the area, which can be utilized as a human-readable pockets handle or to host decentralized web sites. Not like DNS domains, NFT domains are usually not topic to renewal charges and can’t be seized or censored by third events.
PGNFT
It refers to a large-scale NFT venture referred to as PGNFT CLUB, with its most notable assortment being the Civilization Rabbit (PCCR) collection. Hosted on the BNB Sensible Chain, this assortment options over 123,000 NFTs impressed by Chinese language civilization, drawing from components like historic landmarks and cultural customs. Every NFT is represented as a BEP-721 token and might be traded on platforms like OpenSea (BNB Chain).
Guild of Guardians Heroes
Guild of Guardians Heroes NFTs are digital belongings representing playable characters within the cell fantasy RPG Guild of Guardians. Constructed on the Immutable zkEVM blockchain, these NFTs enable gamers to really personal their in-game heroes, which can be utilized in gameplay, traded on marketplaces, or rented to different gamers. Every hero has distinctive traits, skills, and rarity ranges, contributing to group technique and efficiency in dungeon battles.
Prime Collectible Gross sales
However, one assortment dominated the highest NFT collectible gross sales final week, with all entries within the high 10 coming from the CryptoPunks assortment.
The highest two gross sales, Punk #1831 and Punk #9778, every fetched 150 $ETH. Past the highest two, there’s a noticeable drop in sale costs. Punk #4868, ranked third, offered for 76.5 $ETH, almost a 50% decline in USD worth from the highest sale.
The remainder of the highest 10 gross sales ranged between 48.5 and 70 $ETH.
This text is revealed on BitPinas: NFT Trading Hits New Low, But Sales and Users Rise
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