Non-fungible token (NFT) trading has witnessed a resurgence after a period of subdued activity. Recent data reveals a significant increase in weekly trading volume and active buyers, indicating a potential comeback for the market. However, a report from DappRadar highlights a sharp decline in NFT trading volumes during the second quarter of 2025, marking the fifth consecutive quarterly decrease.
Despite the overall drop in trading volume, NFT sales have surged, particularly in the gaming sector. Guild of Guardians, a popular gaming NFT collection, outperformed established projects like CryptoPunks and Bored Ape Yacht Club. Additionally, Real World Assets (RWAs) and domain NFTs, notably on the TON blockchain, have gained traction among users.
While the art category recorded a decline in volume, total sales witnessed a substantial increase, indicating a shift towards more accessible price points. The rising number of monthly NFT traders suggests a growing interest in exploring diverse use cases beyond traditional collectibles.
Data from insidebitcoins.com suggests a positive trend in the NFT market, with an uptick in trading volume and active buyers. Ethereum led the NFT blockchain sales by volume, followed closely by Polygon, Mythos Chain, and Bitcoin, which displayed notable growth in sales volume.
Filipino NFT artist Jopet Arias attributes the recent spike in NFT sales to the gaming sector, particularly web3 games. Arias emphasizes the potential of these projects to drive market activity and foster new economic models. However, he cautions that many web3 games are still in early development stages and lack essential elements for long-term success.
Top NFT projects like Courtyard, DMarket, and DNS have maintained strong sales volumes in the past week. Courtyard offers a platform to digitize physical collectibles into NFTs, while DMarket focuses on esports and in-game collectibles. DNS, known for NFT domains, provides users with full control and permanent ownership of blockchain-based domain names.
In the realm of collectible sales, CryptoPunks dominated the market, with notable sales fetching significant amounts in the past week. The top NFT collectible sales were led by CryptoPunks, with Punk #1831 and Punk #9778 each selling for 150 $ETH. The market witnessed varying sale prices, indicating a diverse range of collectible offerings.
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