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NFT sales hit $2.8B in first half of 2025 as trading volumes tank

CryptoSlam data shows that NFT sales volumes reached $2.82 billion in the first half of 2025, while DappRadar data shows a continued drop in trading volumes.

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Global non-fungible token sales volumes reached $2.82 billion in the first half of 2025, showing a small decrease of 4.61% from the $2.96 billion in sales recorded in the second half of 2024. 

CryptoSlam data shows that despite the drop, the market surged in the first quarter of the year with $1.59 billion in sales, before cooling off in the second quarter with $1.24 billion. January was the strongest month, recording sales volumes of $679 million. 

In June, sales dropped to $388 million, reflecting a broader downward trajectory through the second quarter of 2025. 

CryptoSlam’s sales volume data measures primary and secondary sales of NFTs between wallets across various blockchains. Primary sales are the first time an NFT is sold, usually minted and sold directly by the creator. Secondary sales refer to the resale of NFTs after their initial mint.

Transaction activity and average NFT sales values remained relatively stable in the first half of the year. CryptoSlam shows that the number of monthly transactions in H1 2025 ranged from 4 million to 6 million, while the average value of an NFT sale ranged from $80 to $100. 

This article first appeared at Cointelegraph.com News

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