NFT Sales Decline 26% to $101 Million in Final Week of October 2025
Market Decline: The global NFT market capitalization fell from $6.2 billion to $4.7 billion in late October, with a 26% drop in sales volume to $101 million, influenced by trade wars and macroeconomic pressures.
Increased Participation: Despite the downturn, the number of crypto users purchasing NFTs rose by 24% to 604,147, indicating a shift towards a more mature market focused on utility.
Top Blockchain Networks: Ethereum remained the most traded blockchain for NFTs, followed by Bitcoin and Base, with notable sales volumes and varying trends in trading activity over the past week.
Leading NFT Collections: The DX Terminal collection was the top seller at $6 million, while other notable collections included Bored Ape Yacht Club and CryptoPunks, with significant fluctuations in sales compared to the previous week.
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