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NFT Market Heats Up as Common Sale Costs Climb

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NFT Market Heats Up as Average Sale Prices Climb

Information from NFT tracker CryptoSlam reveals that gross sales of non-fungible tokens (NFTs) reached over $574 million in July, the second-highest month-to-month quantity this yr. This was behind January’s $678.9 million, the best month-to-month gross sales quantity in 2025, but it was a 47.6% rise from June’s $388.9 million.

Surging Ethereum Collections

With gross sales of $275.6 million, Ethereum maintained its dominance in blockchain-based NFT actions. In keeping with CryptoSlam, it is a 56% improve during the last 30 days. Then got here Bitcoin with $74.3 million and Polygon with $71.6 million.

There was a month-to-month decline of 9% within the quantity of transactions, from 5.5 million to five million. Nonetheless, the common promoting worth reached $113.08, which is essentially the most it has been in six months, indicating an rising want for property with better values.

The variety of distinctive purchasers fell to 713,085, a 17% lower from 860,134 in July, whereas the variety of distinctive sellers rose to 405,505, a 9% rise from the earlier month. This disparity could point out that fewer purchasers are making better purchases, which could be an indication of consolidation.

Market worth for the NFT trade as a complete is now above $8 billion, up 21% from $6.6 billion on July twenty fourth, as reported by NFT Worth Flooring. Collections constructed on Ethereum additionally noticed a lift in worth because of the asset’s surge. In keeping with NFT Worth Flooring statistics, all ten collections with the best market capitalization within the final 30 days have been NFTs primarily based on Ethereum. The common promoting worth of NFTs reached $113.08, in response to CryptoSlam statistics, which is the best it has been in six months.

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