Jan NFT Sales Spikes – But still miles above 2024 highs

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Impossible tokens (NFTs) sales increased in July, up 50.14% from sales recorded in June. Despite the uptick, NFT sales in July 2025 were 35.02% lower than recorded numbers at the end of 2024.

From Bust to Bump: NFT Market sees 50% lifts, but is it too little, too late?

This July, Cryptoslam.io’s statistics show that Ethereum led all blockchains in NFT sales volume, recording $296.5 million, up 69.63% from the previous period. Many saw NFT collections such as Cryptopunks, which brought in $62.7 million (491.79%), and 369.58% rose to $26.2 million in sales.

Bitcoin NFTS ranked second in digital collectible volumes with a 45.79% increase. The BRC-20 NFTS donated $18.9 million of that total, up 68.54% over the same time frame. Despite Courtyard NFT winning $53.5 million, Polygon ranked third in blockchain volume with $62.1 million. This was a 25.62% drop in collections and nearly 60% across polygons.

Both Mythos and the BNB chain saw a sharp decline in activity, which reduced 55.05% and 54.33% in July, respectively, but Solana achieved a relatively stable increase of 8.63%. Blockchains such as Cardano and Flow recorded moderate increases of 52.94% and 55.45%, each with just under $7 million, with a small amount. The immutable avalanche recorded double-digit losses that concluded the mixed months between chains and collections.

The NFT scene has been on a steady downtrend since its heyday in 2021 and its launch in 2022. Monthly sales took over $6 billion of rockets during enthusiasts, but momentum quickly faded and continued to decline for months. By mid-2022, the volume had already slipped at the $1 billion mark. There have been several fleeting rises since then, but no one has approached revisiting those explosive peaks.

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This volume track has not shown any meaningful rebounds over the past year, with a wider slowdown across the NFT market. That said, July brought a remarkable pop. Sales increased 50.14% from $585.122 million from $389.634 million in June. Still, it’s far from the $954 million notch in December 2024.

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