Ethereum’s NFT actions have witnessed a serious recession. Information reveals that only one,127 NFTs had been recorded on August 1, 2025.
This quantity is the bottom within the historical past of the community.
Ethereum NFT collapses
Within the newest evaluation, Cryptoquant exhibits that this sharp decline exhibits how far the sector has fallen for the reason that 2021-2022 increase, when headlines and buying and selling volumes had been surged.
Even when the crypto market confirmed indicators of restoration in 2024 and 2025, NFTs had been unable to seize the identical momentum. Analysts attribute the collapse to a number of elements, together with fading investor enthusiasm, oversupply of low-quality collections, and a vital liquidity shift in the direction of new narratives resembling layer 2 defi innovation and real-world asset tokenization.
Ethereum has lengthy been thought of the central hub of NFTs. Subsequently, this historic low end result could also be important. This might have an effect on not solely Ethereum charge technology, but additionally the sustainability of the NFT market and long-term holder outlook. The darkish determine in August follows a surprisingly optimistic July.
NFT July’s return
Dappradar not too long ago revealed that his NFT exercise degree surpassed Defi for the primary time in months in July. Buying and selling quantity throughout the sector elevated 96% to $530 million, whereas complete gross sales had been between 4% and 5 million.
Curiously, the common value for NFTs has risen considerably, and it has greater than doubled from $52 in June to $105 in July as demand for established excessive worth collections has been strengthened.
At Ethereum, Blur accounts for as much as 80% of each day buying and selling actions over the identical interval, because of its lending providers by way of skilled merchants and their mixing platforms. In the meantime, Opensea averaged 27,000 merchants every single day and maintained robust cross-chain help, strengthening its place as a go-to platform for wider participation.
In the meantime, Coinbase’s Layer 2 community, Bass, has appeared as considered one of NFTS’ hottest ecosystems since its launch two years in the past. Since January, the bottom NFT has elevated buying and selling volumes of $122 million, exceeding 6.7 million gross sales.
