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NFT Market Recovery: The non-fungible token market has rebounded in 2025, with market capitalization exceeding $8.4 billion in August, driven by strong performance in blue-chip NFT projects.
Top Gainers: Notable NFT collections that gained in August include Moonbirds (up 89% to 3.2 ETH), CryptoPunks V1 (up over 60% to 4.33 ETH), Meebits (up 27%), and NoneMonkes (up over 10%).
Top Losers: Collections experiencing declines include Bored Ape Yacht Club (down 17% to 10.17 ETH), Pudgy Penguins (down 36% to 9.96 ETH), Mutant Ape Yacht Club (down 22% to 1.41 ETH), and Lil Pudgy (down 27% to 1.22 ETH).
Market Trends: Recent trends indicate a drop in overall NFT sales volume, with a reported 15% decrease to over $136 million in the past week, alongside shifts in trading dynamics among various blockchain platforms.
