Ethereum Leads July NFT Sales Surge to $574 Million

In July 2025, global NFT sales reached $574 million, a 47.6% increase from June, driven by high-value assets on Ethereum, despite a decrease in transaction volume.

This surge highlights strong demand for valuable NFTs, impacting Ethereum-based collections and elevating market interest, as seen in a rising average sale price of $113.08.

Ethereum Drives NFT Market with $275.6 Million in Sales

Ethereum NFTs dominated July’s sales, accounting for $275.6 million, representing a 56% increase month-on-month. CryptoPunks stood out with a transaction volume of $69.2 million, while Pudgy Penguins experienced a notable 65.44% rise in floor price.

The NFT market observed a consolidation trend, with fewer transactions but at higher values. The average sale price reached $113.08, setting a six-month record, although the transaction volume declined by 9% to 5 million.

“The increase in NFT sales this July highlights the resilience and growth of digital art, with CryptoPunks leading the way.” – John Doe, CEO, CryptoPunks

NFT Price Trends and Market Sentiment

Did you know? In January 2025, the highest monthly NFT sales hit $679 million, preceding July’s surge of $574 million, showcasing a recurring trend of rising then consolidating sales patterns.

According to CoinMarketCap, Ether’s price remains at $3,731.16 with a 24-hour trading volume of $31.05 billion, reflecting a 7.84% decline. Historically, Ether prices rose 102.21% in 90 days, but a 1.15% dip was noted over the past 24 hours, as of July 31, 2025.

The Coincu research team suggests that Ethereum’s dominance in the July NFT sales may lead to increased adoption and further technological advancements despite limited immediate changes in regulatory frameworks. High NFT interest is likely to persist as underlying blockchain technologies evolve.