A new report reveals that NFT sales hit $2.8 billion in the first half of 2025, despite a decline in trading volume observed in the markets.
NFT Sales in the First Half of 2025
According to CryptoSlam, total NFT sales reached $2.8 billion in the first half of 2025. However, trading volume continues to decline amid changing market conditions.
Decline in Ethereum Trading Volume
The NFT trading volume was most affected on the Ethereum blockchain, which, along with Solana and Polygon, has felt the impact of the current market dynamics. This decline serves as an indicator of changing investor sentiments.
Market Resilience and Historical Trends
The current downturn in the NFT market mirrors events from 2022 and 2023 when the market experienced a cooldown following previous booms. The increase in participation, with a preference for lower transaction values, may indicate potential stabilization.
Thus, while NFT sales remain high, current trends indicate a decrease in trading activity and shifts in market dynamics. The resilience of participants and growth in transaction numbers may signal positive prospects for the market.
