August Becomes Best Month for NFTs Since February – DappRadar Report

In July and August, the NFT market experienced a surge not seen since February 2025. According to DappRadar, trading volume increased by 9%, even though the number of transactions fell by 4%. This indicates that the average price per NFT rose.

Several factors influenced this activity. In Ibiza, the Hï nightclub, together with The Night League and the W1 Curates gallery, launched a permanent NFT exhibition. Among the featured works are Beeple, Mad Dog Jones, WhIsBe, and KidEight. This is the first NFT gallery in a nightclub, designed for an offline audience.

On the Base blockchain, activity spiked due to the low cost of NFT issuance and rumors of an airdrop. The network became the third largest by NFT trading volume, behind only Ethereum and Solana.

Ethereum Maintains Leadership

Ethereum remains the leading blockchain for NFTs, holding a 61% market share. In August, developers proposed a new ERC-8004 Trustless Agents standard, which allows NFTs to be linked to autonomous programs, turning them into IDs and reputation markers for interaction between AI services.

Solana Accelerates

Solana continues to improve scalability. The network successfully passed a stress test of 100,000 transactions per second – 10 times higher than previous averages. The Phantom platform acquired the analytics service Solsniper and plans to integrate its tracking tools into the wallet.

Marketplace Situation

Blur strengthened its position and captured 22% of the NFT trading market, overtaking OpenSea. The latter launched a beta version of the MCP server – an open protocol for transmitting wallet and NFT data to AI systems. MCP already works with more than 20 networks.

Collectible Tokens and Real-World Assets on the Rise

The most traded collection in August was Courtyard, which surpassed traditional blue-chip projects. Its success was supported by a $30 mln investment round. The collection offers tokenization of real-world items with instant liquidity and verifiable provenance. Similar solutions are developing on Solana – for example, the Phygitals platform.

Tokenization Expands to Physical Assets and the Art Scene

The Azuki project released a joint collection with Swiss watchmaker H. Moser & Cie – a series of Ethereum-connected watches called Elements of Time, each with an NFT certificate of authenticity.

Art Blocks is preparing its 500th project and celebrating its fifth anniversary. The release, titled Art Blocks 500, will be the final installment of the Curated series and will close the first era of on-chain generative art.

Overall Trend

Analysts suggest that the NFT market is showing signs of transformation. Interest in the niche is gradually returning with new formats: real-world assets, scalable solutions, and new use cases are coming to the forefront.

This post is for informational purposes only and is not advertising or investment advice. Please do your own research before making any decisions.