The NFT market experienced a significant increase in supply in 2025, with the total number of NFTs rising by 25% to over 1.34 billion. Despite this growth, the market faced a downturn in sales, which fell by 37% to $5.63 billion. The average price of NFTs also decreased, dropping to $96 from $124 in the previous year. The overall market capitalization of NFTs saw a sharp decline, plummeting from $9.2 billion in January to $2.4 billion by the end of the year. This downturn reflects broader market challenges, as indicated by the fluctuating fear and greed index, which may influence altcoin performance.
NFT Supply Surges to 1.34 Billion in 2025 Amid Sales Decline
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