NFT Market Heats Up as Average Sale Prices Climb

Data from NFT tracker CryptoSlam shows that sales of non-fungible tokens (NFTs) reached over $574 million in July, the second-highest monthly volume this year. This was behind January’s $678.9 million, the highest monthly sales volume in 2025, yet it was a 47.6% rise from June’s $388.9 million.

Surging Ethereum Collections

With sales of $275.6 million, Ethereum maintained its dominance in blockchain-based NFT activities. According to CryptoSlam, this is a 56% increase over the last 30 days. Then came Bitcoin with $74.3 million and Polygon with $71.6 million.

There was a monthly decline of 9% in the volume of transactions, from 5.5 million to 5 million. Nevertheless, the average selling value reached $113.08, which is the most it has been in six months, indicating an increasing desire for assets with greater values.

The number of unique purchasers fell to 713,085, a 17% decrease from 860,134 in July, while the number of unique sellers rose to 405,505, a 9% rise from the previous month. This disparity may indicate that fewer purchasers are making greater purchases, which might be a sign of consolidation.

Market value for the NFT industry as a whole is now above $8 billion, up 21% from $6.6 billion on July 24th, as reported by NFT Price Floor. Collections built on Ethereum also saw a boost in value due to the asset’s surge. According to NFT Price Floor statistics, all ten collections with the highest market capitalization in the last 30 days have been NFTs based on Ethereum. The average selling value of NFTs reached $113.08, according to CryptoSlam statistics, which is the highest it has been in six months.

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