What happened?
The NFT market saw a significant resurgence in July 2025, with its overall market capitalization increasing by 94% to $6.6 billion. Weekly trading volumes jumped by 51% to reach $136 million, showcasing the highest activity levels since early 2025. This turnaround follows a period of decline where notable platforms had shut down and trading volumes had dropped by 80% from the previous year.
Who does this affect?
This revival primarily affects NFT collectors and investors as market activity increases, enabling higher asset valuation and liquidity. Major NFT collections like CryptoPunks and Pudgy Penguins have seen significant floor price increases, impacting both creators and owners positively. Additionally, platforms such as Art Blocks and Moonbirds are reaping benefits from renewed interest, having improved their offerings and established new partnerships.
Why does this matter?
The market rebound signifies a potential shift in investor confidence and interest in high-value NFTs, which could influence broader market dynamics. As NFTs gain regulatory clarity, particularly with certain types being classified distinct from securities, the industry might attract more mainstream adoption and investment. This resurgence could enhance market capital flows, driving further innovation and expansion within the digital asset space, potentially supporting a sustained growth phase.