The NFT market faces its largest drop in a year and a half, with sales volume falling to $823 million in Q2 2025. This trend suggests a prolonged decline in interest towards digital collectibles.
NFT Sales Volume Significantly Declines
According to a report by DappRadar, NFT sales volume fell by 19% from Q1 2025 and marks the fifth consecutive quarter of decline. This decline affects both established collections and newer projects, creating negative outlooks for investors and creators.
Crash of NFT Platform Popularity
The boom in interest surrounding NFTs in 2021 and 2022 led to significant trading volumes, but by mid-2022, prices began to fall sharply. Major platforms like OpenSea are experiencing reduced traffic and trading activity. Many once-popular projects are either defunct or deemed fraudulent.
Donald Trump and His NFTs: Attempt to Revive the Market
Donald Trump, one of the last high-profile figures promoting NFTs, has released four collections dedicated to his persona. Despite the successful launch of these collections, they have not helped revive overall NFT market indicators, which continue to show negative trends.
The current situation in the NFT market highlights a significant decline in interest and sales. Negative trends continue to spread, raising serious concerns among market participants.
