July NFT Sales Don Jump 47.6% Reach $574M because Ethereum Rally
NFT sales jump waka 47.6% month-to-month reach $574 million for July, e make am be di second highest monthly total for 2025. Ethereum rally jump 62% to $3,900 push average sale price reach $113.08, di highest for six months. Total trades drop 9% to 5 million, unique buyers waka down 17% to 713,000, but unique sellers climb 9% to 405,000, meaning say market dey consolidate around better assets. NFT market capitalization rise 21% to $8 billion. Di top collections by volume na CryptoPunks ($69.2 million), Pudgy Penguins ($55.5 million) and Polygon’s Courtyard ($23.8 million), with Pudgy Penguins floor price rise 65.4%. Meanwhile, NFT lending volumes scatter 97% from $1 billion in January 2024 to $50 million in May 2025 as big platforms close down. Traders suppose dey watch NFT market momentum and Ethereum price moves for short-term chances and long-term asset consolidation trends.
Bullish
Di sharp 47.6% increase for NFT sales plus di six-month high for average sale price show sey demand don renew plus people get positive mind, e come from Ethereum strong price rally. Di 21% jump for market capitalization and how activity dey around top collections show sey investors confidence don rise. For short time, as NFT sales dey increase and Ethereum dey move well, e fit attract traders and make price go higher. For long term, as people dey focus on premium assets and lending market dey slim down, e mean say NFT ecosystem dey mature and strong, fit support steady growth.