The non -fungible Token market (NFT) has just closed its strongest months since February, since the adoption and renewed interest have brought commercial volumes to their highest levels this year.
NFT negotiation volumes increased by 9%, but sales counts fell 4%, demonstrating that “less assets negotiated in hands, collectors are paying more for sale,” according to a report published by the Blockchain Dappradar analysis platform on Thursday.
Coingcko shows that NFT volume trade shot in the last 24 hours, increasing more than 25% to reach a maximum of $ 7.9 million.
Resurgence promoted by adoption
A key driver of the NFT market comes from adoption, according to Dappradar analyst Sara Gherghelas, with cases such as the Hï nightclub in Ibiza, an island near Spain, opened the first Permanent NFT art gallery inside a club, showing works by Nft artists such as Beeple and Mad Dog Jones.
Another driver is the basis of the Coinbase Layer-2 network, which went up to become the third largest chain through the negotiation volume, caused by low coinage costs and Airdrop speculations.
However, Gherghelas said Ethereum “remains the power”, which in charge of 61% domain in the NFT industry. In August, developers also introduced agents without trust. “
“This could allow IA and DAPPS systems to recognize and interact safely with each other using ID based on NFT and reputation layers,” Gherghelas added.
In July, American rapper Snoop Dogg sold a collection of almost 1,000 NFT in Telegram in 30 minutes, which also caused discussions about a possible market resurgence.
Investors, DeGens negotiate NFTS
NFTS saw $ 578 million in negotiation volumes and 5.5 million sales in August, a little from July, which saw $ 530 million in negotiation and 5.2 million sales, according to Dappradar.
January was the largest month for 2025 so far in negotiation volumes, with $ 997 million, but only 3.1 million sales, followed by February with $ 498 million and 2.7 million sales.
Dappradar analyst Sara Gherghelas said in the report: “This makes July and August the strongest months since February 2025 for NFT, both in volume and sales.”
“The signals are clear: people return to NFT space.”
Cryptoslam’s strategist, Yehudah Petscher, told Cointelegraph in May that he thought the NFT market was ready for a rebound but with a more temperate perspective than its previous top.
The NFT market has had turbulent years. Cointelegraph reported in April that NFT volumes fell 61% in the first quarter of 2025 to $ 1.5 billion, while last year it was marked as the worst year of the market for volume and market sales since 2020, which was fogged by volatility and growing token prices.
Related: NFT Market Cap falls at $ 1.2b since Ether Rally loses steam
However, he has been showing signs of life. In August, the sector increased to a market capitalization of more than $ 9.3 billion, an increase of 40% in July, since Ethereum headquarters increased in price together with Ether (ETH).
TOP NFT COLLECTIONS
The largest NFT collection for market capitalization, Cryptopunks, has registered a 24 -hour volume of $ 1.2 million and five individual sales, according to Coingcko.
The second largest for market capitalization, the NFT collection of the Infinex employers, which gives voting power holders on the Infinex protocol, has registered a negotiation volume of 24 of $ 7,733 and two sales.
Completing the first three is Yuga Labs Bored Ape Yacht Club, with a volume of $ 208,617 and five sales.
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