NFT sales plunge to $129.6m, Pudgy Penguins jump 63%

NFT Sales Plunge to $129.6M as Pudgy Penguins Jump 63%

NFT Market Faces Decline The non-fungible token (NFT) market continued its downward trajectory, with sales volume dropping 8.53% to $129.6 million, according to CryptoSlam data. Despite the decline in sales, market activity rose, with buyers increasing 18.06% to 541,831 and sellers up 17.05% to 385,179. Total NFT transactions climbed 11.96% to 1,814,788. The slump reflects the broader crypto market’s weakness. Bitcoin slipped to $108,000, while …

A Strong Contender in a Cooling NFT Market

The NFT market in 2025 is navigating a paradox: while trading volumes have declined year-over-year, sales counts have surged by 78% in Q2, driven by affordability and community-driven projects [1]. Amid this shifting landscape, Pudgy Penguins has emerged as a standout performer, defying broader market trends with a 63.39% spike in sales volume in early August 2025 [2]. This growth, coupled with strategic ecosystem expansions and a resilient floo…

NFT sales plunge to $129.6m, Pudgy Penguins jump 63%

The non-fungible token (NFT) market has continued its downward trend, with sales volume falling 8.53% to $129.6 million.