Ethereum News Today: NFT Market Surges 20% to $165M as Ethereum and BNB Chain Lead Growth

Generated by AI AgentCoin World
Monday, Aug 11, 2025 1:26 pm ET1min read
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Aime RobotAime Summary

- Global NFT sales surged 20% to $165M in early August 2025, driven by digital art, gaming, and brand adoption.

- Ethereum led with $85M (29% weekly growth), followed by Polygon ($16M, +16%) and BNB Chain ($15M, +45%).

- Bitcoin NFTs rose 6.06% to $14M, while top collections like CryptoPunks and Courtyard saw double-digit sales growth.

- Analysts predict sustained momentum as blockchain infrastructure and use cases drive potential year-end bull runs.

The non-fungible token (NFT) market experienced a notable rise in trading sales during the first week of August 2025, with total global sales reaching $165 million, marking a 20% increase compared to the previous week [1]. This surge reflects a broader uptrend in

digital asset
adoption, driven by heightened interest in digital art, gaming, and the increasing involvement of major brands and platforms in the NFT space. The growth in the NFT market also appears to be supported by a rising confidence in blockchain technology and digital ownership, particularly in regions experiencing rapid NFT market development [1].

Ethereum led the NFT trading volume among blockchain networks, with Ethereum-based NFTs generating over $85 million in sales during the past seven days. This figure represents a 29% increase compared to the previous week, reinforcing Ethereum’s position as a foundational platform for NFTs [1]. Polygon, an

Ethereum
layer-2 solution, followed closely, with Polygon-based NFTs achieving $16 million in trading volume—a 16% increase from the prior week.
BNB
Chain, known for its fast and cost-efficient transactions, saw a significant 45% surge in NFT sales, with its collections generating $15 million in the same period [1].

Bitcoin also made an impression in the NFT market, particularly through its Runes, BRC-20, and Ordinal collections. Bitcoin-based NFTs recorded $14 million in trading volume, showing a 6.06% increase week-over-week. This reflects an emerging trend of NFT activity on

Bitcoin
, a network traditionally less associated with NFTs compared to Ethereum or Polygon [1].

Among the top-performing NFT collections, CryptoPunks remained the most traded, with a 11% increase in trading volume compared to the previous week [1]. Courtyard, a generative NFT collection on Polygon, recorded $14 million in sales, reflecting a 22% surge. The Bored Ape Yacht Club and Pudgy Penguins, both hosted on Ethereum, saw $5.9 million and $5.9 million in sales respectively, with the latter experiencing a 28% increase. A new entrant, SpinNFTBox on BNB Chain, closed the top five with $5.8 million in sales [1].

Industry analysts have forecast continued momentum in the NFT market, suggesting that the convergence of infrastructure improvements, practical use cases, and growing adoption may lead to a significant bull run before the end of the year [1]. While these forecasts remain speculative, the current data supports the view that the NFT market is on a positive trajectory, with multiple blockchain networks and NFT collections contributing to the growth.

Source:

[1] InsideBitcoins – NFTs Weekly Trading Sales Surge +20% To $165M

https://coinmarketcap.com/community/articles/689a263a14fafa6f2d11d3fc/