World non-fungible token gross sales volumes reached $2.82 billion within the first half of 2025, exhibiting a small lower of 4.61% from the $2.96 billion in gross sales recorded within the second half of 2024.
CryptoSlam knowledge reveals that regardless of the drop, the market surged within the first quarter of the 12 months 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 means of the second quarter of 2025.
CryptoSlam’s gross sales quantity knowledge measures major and secondary gross sales of NFTs between wallets throughout varied blockchains. Main gross sales are the primary time an NFT is offered, often minted and offered immediately by the creator. Secondary gross sales discuss with 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 12 months. CryptoSlam reveals that the variety of month-to-month transactions in H1 2025 ranged from 4 million to six million, whereas the common worth of an NFT sale ranged from $80 to $100.
DappRadar knowledge reveals a constant quarterly buying and selling quantity decline
In line with a report from DappRadar, NFT buying and selling volumes and gross sales counts decreased all through 2024 — a pattern that has continued in 2025. Within the second quarter of the 12 months, buying and selling volumes reached $823 million, a forty five% drop in comparison with the earlier quarter’s $1.5 billion.
Regardless of 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 knowledge measures the full worth of transactions throughout buying and selling platforms or decentralized functions. Its gross sales rely knowledge refers back to the variety of particular person NFT gross sales transactions.
Whereas gross sales counts dropped within the final 4 quarters, Q2 2025 broke the pattern, recording a 12.5 million NFT gross sales rely 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 which means that despite the fact that NFTs have gotten extra inexpensive, curiosity in digital collectibles has not disappeared.
Decrease volumes replicate a “more healthy” market
Aubrey Terrazas, vice chairman of promoting at NFT platform Rarible, instructed Cointelegraph the decrease volumes are an indication of a more healthy, extra sustainable market.
“We’re shifting previous pure hypothesis into actual utility and community-driven initiatives,” Terrazas mentioned. “Costs have normalized, however curiosity and innovation stay sturdy.”
Terrazas added that greater gross sales counts and decrease greenback volumes replicate rising accessibility and affordability, fueled by multichain development and the rise of recent ecosystems.
In line with Terrazas, it is a signal that the market is shifting previous its earlier hype cycles right into a extra mature part.
“Demand for digital property remains to be sturdy, and we’re seeing NFTs energy actual go-to-market methods for companions to construct loyal communities and unlock new income streams.”
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Snoop Dogg’s Telegram NFTs promote out in half-hour
Curiosity in NFTs could also be cooling in some areas, however standout launches proceed to generate buzz. American rapper Snoop Dogg offered out nearly one million NFTs on Telegram in half-hour on Wednesday, signaling that curiosity within the house stays.
The brand new digital reward assortment 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 may spark a “new NFT narrative.”
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