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The global non-fungible token market is experiencing a significant downturn in the last months of 2025, with its trading sales volume plummeting to its lowest point of the year. Nonetheless, several NFT and crypto investors are taking advantage of the situation and have started showcasing renewed interest as well as quietly accumulating NFTs, with the aim of making gains once the market rebounds.
Data compiled by CryptoSlam, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market has started to recover after suffering a brutal meltdown that has left many NFT collections in massive losses. The NFT market crashed again in November, with its monthly volume plummeting to its lowest level since the beginning of the year.
NFT Buyers Increase +900%
Fortunately, the global NFT market has begun to showcase signs of a rebound in December, with some NFT collections turning profitable. Over the past seven days, the non-fungible token market has recorded a trading sales volume of $67 million, representing a 1.06% increase from the previous week. During this period, the number of investors purchasing NFTs has increased by over 900% to more than 173,347.
Ethereum, the blockchain network renowned in the NFT market for hosting the majority of blue-chip non-fungible token collections, has been the market leader this week. In the past seven days, the Ethereum-based NFTs have recorded a trading sales volume of over $26 million. During this period, the Ethereum NFT trading sales volume has increased by +2% from the previous week.
BNB Chain, a fast, low-cost, decentralised blockchain ecosystem from the Binance team, designed for Web3 applications like DeFi, NFTs, and GameFi, known for its speed, scalability, and EVM-compatibility, was the second most traded NFT blockchain network this past week. Over the past seven days, the BNB Chain NFT collection has generated a trading sales volume of $11 million. During this period, the BNB Chain NFT trading sales volume has increased by over 57% compared to the previous week.
Bitcoin, the blockchain network previously renowned in the global NFT market for powering popular collections such as Runes, BRC-20, and Ordinals, has been the third most-traded NFT blockchain network this past week. In the past seven days, the Bitcoin-based NFT collection has amassed a trading sales volume of $6 million. During this period, the Bitcoin NFT trading sales volume has decreased by 11% compared to the previous week.
Solana, a high-performance blockchain platform renowned in the NFT market for its exceptional speed, scalability, and low transaction costs, was the fourth most traded blockchain in the NFT market over the past week. It enables thousands of transactions per second and supports complex applications, such as DeFi, NFTs, and gaming, aiming to overcome the scalability issues of earlier blockchains like Bitcoin and Ethereum. In the past seven days, the Solana NFT collections have raised a trading sales volume of $5.7 million.
Immutable, an Ethereum Layer 2blockchain network specifically designed for non-fungible token collections and web3 gaming and Polygon, an Ethereum scaling blockchain network, were the fifth and sixth most traded blockchain networks in the global NFT market. In the past seven days, the Immutable-based and Polygon NFT collections have generated trading sales volumes of $3.3 million and $3.3 million, respectively.
The NFT Market Prediction
The NFT market is currently undergoing a period of significant downturn and historic evolution, moving beyond speculative hype and towards real-world utility with applications in gaming, art collectibles, real estate, and intellectual property. Despite plummeting to its low level in late 2025, many NFT industry analysts predict that the non-fungible token market will rise again and possibly retest another bull run in the first quarter of 2026.
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