In July 2025, the NFT market recorded significant growth, reaching sales volumes of $574 million. This article analyzes key trends and the influence of various blockchains on this dynamics.
NFT Sales in July 2025
The NFT market in July 2025 recorded sales of $574 million, which is a 47.6% increase compared to June's sales of $388.9 million. Despite the overall growth, the number of transactions decreased from 5.5 million in June to 5 million in July, representing a 9% decline. The average sale price of NFTs increased to $113.08, reaching the highest level in the last six months.
Market Leaders: Ethereum and Its Collections
Ethereum continues to dominate the NFT market, accounting for a significant portion of sales. In July, the total sales of NFTs on Ethereum reached $275.6 million, a 56% increase compared to the previous month. Major collections such as CryptoPunks and Pudgy Penguins reported strong sales of $69.2 million and $55.5 million respectively. Meanwhile, the Pudgy Penguins collection demonstrated an increase in floor prices of 65.44%.
Sales Analysis by Blockchains
Ethereum remains the leader with $275.6 million in sales, followed by Bitcoin with $74.3 million and Polygon with $71.6 million. However, not all blockchains showed positive results: Polygon experienced a sharp decline of 51.1%, while BNB Chain dropped by 54%. At the same time, the Cardano blockchain exhibited the most significant growth at 102%.
July 2025 proved to be a significant period for the NFT market, demonstrating overall growth alongside a decrease in unique buyers. Ethereum retains its dominant position, yet substantial interest in other blockchains may lead to a more diversified ecosystem in the future.
