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    NFT Sales Plummet to Lowest Level Since 2025 as Market Value Falls 66% from January High

    Ethan CarterBy No Comments3 Mins Read
    1765269777

    Non-fungible tokens (NFTs) have experienced their lowest monthly sales volume of the year, witnessing a decline of over 66% in market capitalization from January’s peaks.

    Data from CryptoSlam indicates that NFT sales fell to $320 million in November, roughly half of the $629 million noted in October. This decrease brings monthly volumes back to levels not reached since September 2024, when digital collectibles sales totaled $312 million.

    The data also shows that NFTs generated $62 million in sales from Dec. 1-7, marking the weakest weekly total of 2025. The slow start to December suggests that the downturn may continue throughout the month as NFT momentum wanes.

    This downward trend accompanies a broader decline in NFT valuations. According to CoinGecko, the overall market cap for the sector stands at $3.1 billion, a 66% drop from its peak of $9.2 billion in January.

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    NFT market cap in 2025. Source: CoinGecko

    Blue chips slide, but Infinex Patrons and Autoglyphs buck trend

    According to data from CoinGecko, most of the leading NFT collections reflected the general market decline, with CryptoPunks—the largest by market cap—declining by 12% over the past 30 days.

    Bored Ape Yacht Club dropped 8.5%, while Pudgy Penguins fell 10.6% during the same period, continuing the pullback across the most prominent NFT assets.

    The downturn also affected art-driven blue-chip collections. Chromie Squiggle decreased by 5.6%, Fidenza dropped 14.6%, Moonbirds fell 17.9%, and the Mutant Ape Yacht Club experienced a 13.4% decline in the last month.

    The sharpest decline was from Hypurr, which plummeted by 48%, marking the largest drop among the top 10 NFT collections.

    Conversely, two significant collections managed to post gains over the last 30 days, defying the downward trend. Infinex Patrons, now the second-largest NFT collection by market cap, saw an increase of 14.9%, while Autoglyphs rose by 20.9%, outperforming the entire top 10 leaderboard.

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    NFT collections 30-day heat map. Source: CoinGecko

    Related: Meta shares climb on report of possible 30% metaverse budget cut

    NFT winter deepens as 2025 concludes

    This latest decline emerges amid a tumultuous quarter for the NFT market. As noted by Cointelegraph, NFTs underwent a steep decline in valuation from October to November.

    Digital collections fell from $6.6 billion to $3.5 billion, despite a slight increase in sales—representing a 46% drop within just 30 days.

    This weakness was followed by a brief rebound. On Nov. 11, the NFT market cap recovered from $3.5 billion to $3.9 billion, reflecting renewed interest alongside a memecoin rally.

    However, this recovery proved short-lived. CoinGecko data indicates that the NFT market cap currently stands at $3.1 billion, down 53% since October.