HomeLatest Crypto NewsNFT Market Hits Six-Month High at $143.5M Volume

NFT Market Hits Six-Month High at $143.5M Volume

Posted: 21 July 2025, 15:05 CET | Updated: 22 July 2025, 14:34 CET 1 min read

NFT sales topped $143.5 million during July 14–20, 2025, the highest in six months, as Ethereum projects accounted for $75 million of the volume.

NFT transaction volume reached $143.5 million last week, its strongest weekly total since January 2025. Ethereum projects generated over half the trading activity at $75 million in volume.

Trading on Ethereum networks more than tripled over the past two weeks. Other chains, including Solana and Polygon, contributed the remaining $68.5 million in weekly volume. Solana-based NFTs generated $32 million while Polygon collections added $24 million to the weekly total.

The surge coincides with a 27% rise in Ether’s price over the same period. Avatar and art projects on Ethereum saw increased floor-price bids during the week. Collections such as CryptoPunks and Bored Ape Yacht Club recorded higher transaction volumes compared to previous weeks.

OpenSea processed the majority of Ethereum NFT transactions during the period. Layer-2 platforms and aggregators also saw increased activity. Gas fees on Ethereum dropped to an average of $12 per transaction during peak trading hours.

The six-month volume high matches previous cycles from early 2022, when total weekly NFT trading briefly surpassed $200 million. Gaming-related NFTs contributed $18 million to the weekly volume, while utility and membership tokens added another $14 million.

Blur marketplace captured approximately 35% of Ethereum NFT volume during the week. Magic Eden processed most Solana-based NFT trades, while OpenSea maintained its lead on Polygon. Cross-chain NFT platforms saw increased usage as traders moved between different blockchain networks.

The volume increase extends a recovery that began in late June 2025, when weekly NFT trading first crossed $100 million after months below that threshold.

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