Ethereum-Based NFTs Could See Increased Market Activity Amid July Sales Surge and Rising Average Values

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.