Global trading volume for non-fungible tokens fell by 10,27% over the past week, despite July being the second most active month of 2025. According to CryptoSlam, the sharp revenue increase was accompanied by a decline in the number of transactions and buyers.
Ethereum and Polygon Strengthen Their Positions
Over the past week, Ethereum maintained its lead in NFT sales volume, despite a weekly drop of 20,43%. A total of $67.616 million worth of tokens were sold on the blockchain. Wash trading volume amounted to $11.015 million (14%). Despite the decline, Ethereum continues to hold a dominant position in the market.
Bitcoin ranked second with $13.872 million in sales. Weekly volume decreased by 20,88%, but wash trading rose by 56,44%. Polygon moved into third place with a 34,26% increase, reaching $13.846 million in volume with minimal wash trading (0,18%).
Solana dropped 4,55%, ending the week at $11.269 million. Its wash trading share stood at 12,39%. BNB rounded out the top five with $11.007 million in volume and an almost negligible level of suspicious trades (0,01%).
Top Blockchain by NFTs Sales Volume (7d). Source: Cryptoslam
A total of 648,832 buyers (+33,31%) and 364,717 sellers (+19,35%) were recorded during the week, with an overall transaction count of 1.83 million.
CryptoPunks and Autoglyphs Dominate the Market
According to nftpricefloor, CryptoPunks led among collections over the past week. The project’s floor price reached 52.3 ETH ($185.6 thousand), rising 4,62% over the week. Pudgy Penguins and Bored Ape Yacht Club are losing ground, with their tokens dropping in value by 10,97% and 5,08% respectively.
Autoglyphs saw the most notable surge in interest. The token price climbed to 112 ETH ($397.5 thousand), up 16,06% from the previous week. The Chromie Squiggle collection also posted gains, rising 7,5% to a current floor price of 5.59 ETH ($19.8 thousand).
Top NFT Collection (7d). Source: nftpricefloor
Revenue Growth and Declining Activity
In July 2025, total NFT sales reached $576 million, up 47,6% compared to June’s $388.9 million. This marks the second-highest monthly total of the year, second only to January’s peak of $678.9 million. However, the total number of transactions dropped by 9%, from 5.5 million to 5 million.
Meanwhile, the average transaction value rose to a six-month high. Investors shifted their focus toward higher-value collections. Still, the number of buyers decreased, even as the number of sellers and overall activity increased.
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