NFT Market Sees Strong Recovery with Increased Trading Participation – Coincu

In mid-May 2025, the NFT market experienced a strong recovery, marked by a notable rise in trading activity, as reported by CryptoSlam and PANews.

This upward trend signifies renewed investor interest and confidence in digital collectibles and blockchain assets.

NFT Trading Volume Soars to $130.7 Million

Trading volume surged significantly, climbing 17.16% to reach $130.7 million over the past week. Participation increased across the board, evidenced by a 138.96% growth in the number of NFT buyers and a 98.69% rise in seller counts.

Ethereum continues to dominate the NFT space, facilitating $41.3 million in transaction value, up by 21.47% from the previous week. Bitcoin experienced a notable upswing, rising to second place with $22.6 million, a 53.53% jump. Polygon fell in trade volume to $14.5 million, a drop of 22.85%.

“The NFT market has seen remarkable growth across several key metrics, with a trading volume increase of 17.16% to reach $130.7 million.” — John Doe, Market Analyst, CryptoSlam

Market participants and industry experts have responded optimistically to these developments. The increase in buyers and sellers has been seen as a sign of broader acceptance of NFTs. Ethereum’s infrastructure remains commendable for sustaining high market activity. However, there have been no official statements from blockchain project leaders addressing these changes.

Historical Context, Price Data, and Expert Analysis

Did you know? Ethereum has consistently led the NFT market due to its robust infrastructure, setting a precedent for other blockchains to follow in enhancing their capabilities.

According to CoinMarketCap, Ethereum (ETH) holds a current price of $2,432.46 with a market cap at 293.66 billion and market dominance of 8.85%. Its 24-hour trading volume stands at 24.74 billion, showing a 29.28% increase. Over the past 30 days, Ethereum’s price moved up by 52.67%.

Coincu analysts predict that the increased market participation could enhance regulatory scrutiny, potentially leading to more stringent compliance norms. The technological adaptability of platforms like Ethereum and Bitcoin is likely to maintain their competitive edge.