Bitcoin News Today: Global NFT Sales Jump 48% in July 2025 Driven by Ethereum and Bitcoin Gains

The global NFT market experienced a significant surge in July 2025, with total trading sales volume reaching $575 million, a 48% increase compared to June [1]. This upswing indicates renewed interest and activity in the NFT sector, driven by both volume growth and rising floor prices across key blockchain networks.

Ethereum remained the dominant blockchain for NFT trading, with Ethereum-based NFT collections recording $275 million in sales over the month—a 56% rise from June. The platform continues to host most blue-chip NFT collections, including the highly sought-after CryptoPunks, which alone accounted for $59 million in sales during the period. The CryptoPunks collection saw a 401% increase in trading volume compared to the previous month, highlighting its continued relevance in the NFT ecosystem [1].

Bitcoin-based NFTs also showed strong growth, particularly within the Runes, BRC-20, and Ordinal ecosystems. The Bitcoin NFT market generated $74 million in sales during July, a 24% increase from June. The BRC-20 protocol, in particular, saw the $?? collection reach $18 million in sales, a 42% month-over-month gain. Additionally, the Uncategorized Ordinals—Bitcoin-based NFTs not assigned to a specific collection—generated $9.7 million in sales, a 13% increase from June [1].

Polygon, while facing stiff competition from Ethereum and Bitcoin, still maintained a strong presence in the NFT space. It reported $71 million in trading volume, though this marked a 51% decline from June. The Courtyard NFT collection, hosted on Polygon, remained the second-most traded, with $58 million in sales, albeit a 14% drop from the previous month [1].

Solana and the BNB Chain also participated in the NFT market. Solana-based NFTs generated $39 million in sales, an 8% increase, while BNB Chain NFTs saw $38 million in sales, a 54% decline from June. The PGNFT collection, hosted exclusively on BNB Chain, rose to the eighth most-sold NFT collection in July, with $10 million in sales—a 29% increase from the previous month [1].

Among individual NFT sales, the most expensive transaction in July was an Uncategorized Ordinal NFT, sold for $8.1 million. Other high-value sales included Doodles 0, fetching $1.4 million, and DNS 933, which sold for $965,097 [1].

Looking ahead, analysts predict that the NFT market will continue to evolve from speculative assets into practical tools for various industries, including gaming and finance. While a full-scale bull run may not be expected, the market is projected to grow significantly, reaching $820.6 billion by 2035, with a compound annual growth rate (CAGR) of 32% [1].

Source:

[1] https://coinmarketcap.com/community/articles/688b4b7424d51741715aad83/