Ethereum-Based NFTs Could See Increased Market Activity Amid July Sales Surge and Rising Average Values
Main Idea
Ethereum-based NFTs saw a significant surge in sales and average values in July 2025, driven by strong demand for high-value digital assets and Ethereum's price rally.
Key Points
1. NFT sales reached $574 million in July 2025, a 47.6% increase from June, with an average sale value of $113.08, the highest in six months.
2. Ethereum-based NFTs dominated the market, with CryptoPunks and Pudgy Penguins leading in trading volume and floor price increases.
3. Ethereum led blockchain NFT sales with $275.6 million, followed by Bitcoin and Polygon, while Cardano showed the highest growth rate at 102%.
4. Unique buyers decreased by 17% while unique sellers increased by 9%, indicating market consolidation with fewer buyers acquiring higher-value NFTs.
5. Ethereum's price rally to over $3,900 boosted valuations across Ethereum-based NFT collections, contributing to the market's growth.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! NFT sales surged
Latest News
- FUZZY PANDA SHORT RCAT2025-08-15 14:32:02
- OPENDOOR ANNOUNCES CEO SEARCH2025-08-15 13:03:49
- $USELESS listed on Binance futures2025-08-15 10:49:47
- BERKSHIRE HATHAWAY ADDS UNH, NUE, LEN, DHI, LAMR IN 2Q: 13F2025-08-14 20:18:07
- Lido Co-founder: Plans to use stETH to repurchase LDO mechanism, final repurchase plan to be determined by the end of the year2025-08-14 15:12:41