NFT Market Slides to 2025 Lows as Sales, Prices, and Participation Decline
The NFT market concluded 2025 on a somber note, with valuations plunging 72% to approximately $2.5 billion—marking its lowest level in years. December's performance defied typical year-end rallies, as dwindling liquidity and speculative interest dragged weekly sales below $70 million.
Participation metrics painted a bleak picture: unique sellers fell beneath 100,000 for the first time since 2021, while blue-chip collections suffered double-digit depreciation. The Sports Rollbots franchise emerged as an outlier, cracking the top 10 by market cap amid broad-based declines.
Unlike traditional risk assets that often benefit from seasonal tailwinds, NFTs languished under sustained selling pressure. The sector's instability was underscored by contracting volumes, eroding floor prices, and evaporating trader activity—a trifecta of bearish signals heading into the new year.
