- Telegram NFT Gifts has recorded over $49 million in primary sales, highlighting rapid adoption within the newly launched on-chain gift ecosystem.
- Over 322,000 wallets interact with Telegram NFT gifts, with most activities occurring in 2025 wallets.
Without much fanfare, Telegram’s digital gifting capabilities have transformed into a powerful NFT trading platform.
According to Dune Data, primary sales are over $49 million from virtual gifts sent via chat. In fact, the number of wallets involved in these transactions has reached 322,000, indicating that this ecosystem is more than just a prevalence.
Source: Dune
Telegram NFT Gifts See Surges amid increasing wallet activity
A total of 118 gift types are available. Of these, 86 have been fully upgraded to NFTS. The rest is because they don’t have time or simply don’t have any interest. Nonetheless, the enthusiasm of the users remains strong. One reason is very simple. If the gift is sent by chain, it takes about 21 days to convert to NFT. Therefore, many people choose to exchange them directly through faster, more instantaneous channels.
Another interesting finding has been created from the distribution data of wallet age. Over 60% of the wallets that actively traded were created in 2025. This shows that not only old players but also new users continue to arrive, not only casually opening their old wallets.
That doesn’t stop, with the project’s estimated full value (FDV) already reaching $194 million, with an active market capitalization of about $161 million. Not all gifts have been converted to NFT yet, but the market potential seems to be very large.
Furthermore, since April last year, Telegram stickers have become available for trade in several over-the-counter markets, with this gift feature increasingly integrated with users’ social activities in the app.
From virtual weeds to stars: How NFTs become personal
Meanwhile, on July 10th, CNF reported that Snoop Dogg had successfully sold nearly 1 million NFTs directly on Telegram using its blockchain-based gift feature Ton. His collection is very impressive, including vintage cars, stolen bags, digital marijuana, and even virtual dogs with quirky and distinctive visual styles.
And yes, everything can be viewed directly in the user’s telegram profile. Additionally, these NFTs can also be converted into “stars,” a kind of social reward that adds value to their owners.
This is evidence that Telegram’s NFTs are not just collectibles, but are beginning to begin social use. Furthermore, this trend coincided with the global surge in NFT sales in July 2025. This was the second highest month of the year.
The number of unique buyers actually decreased, but in reality the amount of transactions increased. Ethereum still leads the number of NFT transactions, but Cardano stole the show, with the highest volume growth rate.
All of this points to one thing. NFTs for use are beginning to take a central stage, not just for display and storage. And while Telegram, originally known as a messaging app, is now beginning to look like a bustling, busy, and extremely active digital market.