
NFT sales surge, reaching 18 million in 2025, signaling a significant market revival according to DappRadar.
The NFT market is experiencing a significant rebound in 2025, with sales volume reaching levels not seen since 2022. Overall trading volumes are modest due to average price decreases, but the number of transactions has sharply increased throughout the year. Q3 saw over 18.1 million NFTs sold, marking a 45% rise from Q2 and generating $1.6 billion in trading volume. Despite the surge, user adoption remains relatively limited. The rise in sales isn't driven by new users entering the market. Unique wallets trading NFTs increased from 1.66 million in Q1 to 2.14 million in Q3, a smaller jump than sales increases. Existing participants are trading more NFTs, with the average per wallet rising from 4.2 in Q1 to 8.4 in Q3. This signals a shift towards increased activity among current holders. Gaming NFTs have lagged, experiencing declines in trading volume and transaction counts. Conversely, the sports NFT sector has seen impressive revival, largely attributed to the success of Sorare. OpenSea’s promotional campaign and renewed interest in established PFP collections like CryptoPunks and BAYC are also contributing factors. Yuga Labs streamlined its portfolio focusing on key assets, while Moonbirds are gaining fresh momentum with an upcoming token launch. OpenSea's initiative boosted platform activity, and the resurgence of PFP projects reflects renewed collector confidence. These factors collectively fuel the market's resurgence.