The supply of NFTs is projected to increase to approximately 1.34 billion by 2025, with annual sales declining by 37%.
TL;DR
NFT supply is projected to reach 1.34 billion by 2025, a 25% increase from 2024, while annual sales decline by 37% to $5.63 billion, with market capitalization shrinking significantly.
Tags
According to Foresight News , citing Cointelegraph, the NFT market in 2025 saw a surge in supply but a significant decline in sales. The total supply of NFTs this year has exceeded 1.34 billion, a 25% increase from 1 billion in 2024 and approximately 34 times the 38 million in 2021.
Meanwhile, NFT sales in 2025 were approximately $5.63 billion, a decrease of about 37% from $8.9 billion the previous year; the average selling price also dropped from $124 to $96, far below the average of over $400 in 2021 and 2022. Furthermore, the total market capitalization of the NFT market shrank significantly from approximately $9.2 billion in January 2025 to only about $2.4 billion by the end of the year.