NFT Market Capitalization Hits 2025 Low of $2.5B in December

NFT News

Non-fungible token market valuations fell to $2.5 billion in December, the lowest level recorded in 2025. The figure represents a 72% decline from the January peak of $9.2 billion as participation and sales activity have continued contracting.

Weekly NFT sales failed to surpass $70 million during the first three weeks of December, falling below November's pace. The slowdown reinforced a late-year downward trend as liquidity thinned heading into year-end.

Unique sellers followed a similar trajectory, dropping 35.6% over the same period to fall below 100,000 for the first time since April 2021. Total NFT transactions in the third week of December declined to 800,000 after the month's opening week recorded fewer than 1 million transactions.

Floor prices among leading collections mirrored the broader market weakness, with most top 10 projects by market capitalization posting double-digit declines over the past 30 days. CryptoPunks, Bored Ape Yacht Club, and Pudgy Penguins saw 30-day price drops ranging from 12% to 28%.

Art-focused collections showed relative resilience during the same window. Autoglyphs, Fidenza by Tyler Hobbs, and Chromie Squiggle by Snowfro posted modest gains, bucking the broader downward trend.

Sports Rollbots entered the top 10 NFT collections by market cap with a floor price of $5,800 and valuation above $58 million. The new entrant pushed Mutant Ape Yacht Club outside the top 10 rankings.

The NFT market struggled throughout 2025 despite renewed interest in physical collectibles including Labubu and Pokémon cards earlier in the year. First-quarter transaction volumes dropped 63% year-over-year to $1.5 billion from $4.1 billion in the same 2024 period, with March sales plunging 76% to $373 million compared to $1.6 billion a year earlier.

Source: https://coinmarketcap.com/academy/article/nft-market-capitalization-hits-2025-low-in-december