Mid-2025 has marked a significant increase in activity in the NFT market, representing the first substantial rise since February. Analysis indicates that while the number of sales has slightly decreased, the overall trading volume has significantly increased.
Market Trends for NFTs
According to DappRadar's analysis, NFT trading volumes increased by 9% in July and August 2025, despite a 4% drop in the number of sales. This indicates that collectors are spending more per each asset. Trading volume reached $7.9 million, highlighting renewed interest among market participants.
Impact of New Technologies and Networks
DappRadar analyst Sara Gherghelas highlighted broader adoption of NFTs as a primary reason behind this momentum. The opening of a permanent NFT gallery at the Hï nightclub in Ibiza, featuring works by artists like Beeple and Mad Dog Jones, illustrates the growing integration of NFTs into physical experiences. Furthermore, the Coinbase-backed Base network has surged to become the third-largest by NFT trading volume, offering low minting fees and attracting new users.
Long-Term Prospects for NFTs
Despite emerging networks gaining traction, Ethereum remains dominant, holding a 61% share of NFT market activity. Additionally, Ethereum's ecosystem is witnessing technical innovations such as the introduction of trustless agents, enabling AI systems and decentralized applications to interact securely through NFTs. This renewed interest from collectors and developers suggests that NFTs are regaining their importance as cultural and financial assets.
Thus, the NFT market is showing signs of recovery, attracting attention from both collectors and developers, and continuing to be an important element of the digital art and entertainment economy.
