NFT Sales Surge in July, Yet Remain Below 2024 Highs

NFT trading activity rebounded significantly in July, registering approximately $574 million in total sales—up 47.6% compared to June’s $389 million. Despite the surge, this remains below the January 2025 peak of $679 million, making July the second-largest NFT month for the year. CryptonewsCointelegraph


📈 Key Trends Driving the Market

  • Fewer Buyers, Bigger Deals: Total transactions fell 9% (from 5.5M to 5.0M), and unique buyers declined 17% to ~713,000, while unique sellers rose 9% to ~405,500—indicating consolidation around high-value assets. Coinscreed+6CoinMarketCap+6DeFi Planet+6
  • Premium Asset Focus: The average sale price rose to $113.08, a six-month high, as buyers gravitated toward blue-chip NFTs. Benzinga+8Cryptonews+8CryptoRank+8

🧱 Ethereum Rules the Day


📊 July Overview

MetricJuly 2025
Total Sales Volume~$574M (+47.6% vs. June)
Transaction Count~5.0M (↓9%)
Unique Buyers~713K (↓17%)
Unique Sellers~405K (+9%)
Avg. Sale Price$113.08
Ethereum Share of Volume~$276M (~56%)
Top Selling CollectionCryptoPunks ($69.2M)
Biggest Floor GrowthPudgy Penguins (+65.4%)

💡 Why It Matters

  • Distorted Growth: The rise in dollar volume is not mirrored in buyer counts, suggesting high-net-worth participants are driving growth—not widespread adoption.
  • Blue-Chip Resilience: NFT collections with strong brands like CryptoPunks and Pudgy Penguins remain central to market momentum.
  • Maturing Market: While overall trading activity lags 2025’s earlier highs, the market’s shift toward utility, brand equity, and premium assets suggests selective strength and evolving dynamics. OKX+14Cointelegraph+14theverge.com+14CoinMarketCap+4DeFi Planet+4OKX+4CoinMarketCapbitget.com

✅ Final Takeaway

July signaled a meaningful recovery in NFT sales volume, yet structural markers like buyer participation and volume per chain reflect a market still recalibrating. Premium Ethereum-based collections are leading the resurgence, while smaller chains show mixed trends. As trading activity grows more selective, the spotlight remains on high-value assets and established brands.