Data: The NFT market has fallen to a new low for 2025, with total valuation down 72% from the beginning of the year.

According to data from CoinGecko, the NFT market fell to its lowest point in 2025 in December, with a total valuation of only $2.5 billion, a significant drop of 72% from its January peak of $9.2 billion. Market participation shrank significantly, with CryptoSlam data showing a continued decline in the number of buyers and the number of sellers falling below 100,000 for the first time since April 2021.

Mainstream blue-chip NFT projects such as CryptoPunks and Bored Ape Yacht Club have seen prices fall by 12%-28% over the past 30 days. Notably, art-related NFTs have performed relatively steadily, with the newcomer Sports Rollbots successfully entering the top ten by market capitalization, with a starting price of $5,800 and a total valuation exceeding $58 million, replacing Mutant Ape Yacht Club. (Cointelegraph)