Data: The NFT market has fallen to a new low for 2025, with total valuation down 72% from the beginning of the year.
TL;DR
The NFT market hit a 2025 low in December, with total valuation plummeting 72% from January to $2.5 billion. Market participation shrank, and blue-chip projects like CryptoPunks saw price drops, though art-related NFTs remained stable and new entrants like Sports Rollbots gained traction.
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According to data from Odaily, the NFT market fell to its lowest point in 2025 in December, with a total valuation of only $2.5 billion, a significant drop of 72% from its January peak of $9.2 billion. Market participation shrank significantly, with CryptoSlam data showing a continued decline in the number of buyers and the number of sellers falling below 100,000 for the first time since April 2021.
Mainstream blue-chip NFT projects such as CryptoPunks and Bored Ape Yacht Club have seen prices fall by 12%-28% over the past 30 days. Notably, art-related NFTs have performed relatively steadily, with the newcomer Sports Rollbots successfully entering the top ten by market capitalization, with a starting price of $5,800 and a total valuation exceeding $58 million, replacing Mutant Ape Yacht Club. (Cointelegraph)