NFT gross sales hit $2.8B in first half of 2025 as buying and selling volumes tank

Explore the newest tendencies within the NFT area. This article dives into: “NFT sales hit $2.8B in first half of 2025 as trading volumes tank”.

Global non-fungible token gross sales volumes reached $2.82 billion within the first half of 2025, displaying a small lower of 4.61% from the $2.96 billion in gross sales recorded within the second half of 2024. 

CryptoSlam information reveals that regardless of the drop, the market surged within the first quarter of the yr with $1.59 billion in gross sales, earlier than cooling off within the second quarter with $1.24 billion. January was the strongest month, recording gross sales volumes of $679 million. 

In June, gross sales dropped to $388 million, reflecting a broader downward trajectory by way of the second quarter of 2025. 

CryptoSlam’s gross sales quantity information measures main and secondary gross sales of NFTs between wallets throughout numerous blockchains. Primary gross sales are the primary time an NFT is offered, normally minted and offered instantly by the creator. Secondary gross sales seek advice from the resale of NFTs after their preliminary mint.

Transaction exercise and common NFT gross sales values remained comparatively steady within the first half of the yr. CryptoSlam reveals that the variety of month-to-month transactions in H1 2025 ranged from 4 million to six million, whereas the typical worth of an NFT sale ranged from $80 to $100. 

DappRadar information reveals a constant quarterly buying and selling quantity decline

According to a report from DappRadar, NFT buying and selling volumes and gross sales counts decreased all through 2024 — a pattern that has continued in 2025. In the second quarter of the yr, buying and selling volumes reached $823 million, a forty five% drop in comparison with the earlier quarter’s $1.5 billion. 

Despite the drop in buying and selling volumes, NFT gross sales counts confirmed indicators of life within the second quarter of 2025.

DappRadar’s buying and selling quantity information measures the whole worth of transactions throughout buying and selling platforms or decentralized functions. Its gross sales depend information refers back to the variety of particular person NFT gross sales transactions.

While gross sales counts dropped within the final 4 quarters, Q2 2025 broke the pattern, recording a 12.5 million NFT gross sales depend regardless of decrease buying and selling volumes. This represents a 78% improve in gross sales counts in comparison with the earlier quarter. 

DappRadar mentioned that because of this although NFTs have gotten extra inexpensive, curiosity in digital collectibles has not disappeared. 

NFT buying and selling quantity and gross sales depend from Q2 2024 to Q2 2025. Source: DappRadar

Lower volumes replicate a “healthier” market

Aubrey Terrazas, vp of promoting at NFT platform Rarible, instructed Cointelegraph the decrease volumes are an indication of a more healthy, extra sustainable market.

“We’re moving past pure speculation into real utility and community-driven projects,” Terrazas mentioned. “Prices have normalized, but interest and innovation remain strong.”

Terrazas added that increased gross sales counts and decrease greenback volumes replicate rising accessibility and affordability, fueled by multichain progress and the rise of recent ecosystems.

According to Terrazas, this can be a signal that the market is shifting previous its earlier hype cycles right into a extra mature part. 

“Demand for digital assets is still strong, and we’re seeing NFTs power real go-to-market strategies for partners to build loyal communities and unlock new revenue streams.”

Related: OpenSea expands to cellular with Rally deal, eyes ‘onchain everything app’

Snoop Dogg’s Telegram NFTs promote out in half-hour

Interest in NFTs could also be cooling in some areas, however standout launches proceed to generate buzz. American rapper Snoop Dogg offered out virtually one million NFTs on Telegram in half-hour on Wednesday, signaling that curiosity within the area stays.

The new digital reward collection of 996,000 NFTs on the TON blockchain generated $12 million in gross sales, based on Telegram founder Pavel Durov. 

TON’s NFT lead, who goes by the username Zenith on X, mentioned Snoop Dogg’s NFT success in Telegram might spark a “new NFT narrative.”

Magazine: NFT Creator: Jack Butcher’s no fan of NFT royalties: ‘You’re getting paid on churn’

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