In 2025, the non-fungible token market has evolved beyond initial speculative frenzy to more practical applications like gaming, digital identity, and real-world asset tokenization. In response to this market maturity, the non-fungible token market has recorded positive growth in Q3 2025. In the past 90 days, the NFT market has amassed a trading sales volume of over $1.60 billion, up 20% from Q2, 2025.
NFT Market Records $1.66B In Q3 2025
Data compiled by cryptoslam.io, a renowned on-chain crypto market data aggregator and a non-fungible token explorer, indicates that the NFT market has experienced strong market growth in Q3, 2025. In the past three months, the NFT market has raised a trading sales volume of $1.66 billion, achieved through a significant increase in trading sales volume witnessed in the past two months.
The NFT market has been a roller coaster in 2025. It entered the new year healthy after gaining momentum from the 2024 NFT market bull rally, which kicked off in November after the re-election of Donald Trump. Unfortunately, the NFT hype did not fuel the NFT market for long, and so it faded mid-month. In response to the NFT market cool-off, the global NFT market had a trading sales volume of $697 million, down 24% from $901 million in December 2024.
The NFT market went down further, sliding from $697 million in January 2025 to $477 million in February. In March 2025, the global non-fungible token market suffered another blow, with its trading sales volume flipping from $477 million to $429 million, down over $44 million from the previous February. The NFT market ended the first quarter of the year with a trading sale of over $1.6 billion.
The NFT market experienced a meltdown in Q2, 2025, with trading sales volume reducing to $1.3 billion. In April 2025, the global NFT market recorded a trading sales volume of $369 million, losing over $50 million from the previous month. The global NFT market meltdown went on in May and June 2025, with trading sales volume falling to $470 million and $369 million, respectively.
Source: Cryptoslam.io
The NFT market started becoming healthy again in July after tokenized real-world assets started gaining massive traction among NFT traders. At the time, RWA NFT collections gained traction because they offered a way to tokenize and trade ownership of physical assets, like real estate or art, on a blockchain. In response to massive RWA NFT adoption, the NFT market raised a trading sale of $596 million in July 2025, up +30% from the previous month. The NFT market continues to grow in August to reach $604 million. In September, the global NFT market plunged to $449 million.
Five Top NFT Marketplaces In Q3, 2025
OpenSea, the largest decentralized market platform for buying, selling, and trading non-fungible tokens and other digital assets, was the most-traded non-fungible token market platform in Q3 2025. In the past 90 days, the OpenSea NFT marketplace has recorded a trading sales volume of $559 million. During this time, the Ethereum NFT collections have taken the lion’s share, raising 75% of the trading sales volume on OpenSea.
Blur, a professional on-fungible token marketplace and aggregator platform offering advanced features such as real-time price feeds, portfolio management, and multi-market platform NFT tracking, was the second leading NFT marketplace in Q3 2025. In the past 90 days, the Blur NFT marketplace has amassed a trading sales volume of $315 million, representing 22% of the total five NFT market sales volume.
Source: Tiexo.com
CryptoPunks, a renowned NFT marketplace dedicated exclusively to the iconic 10,000 pixilated CryptoPunks NFT collection, was the fourth leading NFT market platform in Q3 2025. In the past 90 days, the CryptoPunks NFT marketplace has raised a trading sales volume of $123 million, taking 10.74% of the total market share. The Ethereum NFT collection took 100% of the total market share.
Magic Eden, another leading multi-chain digital market platform supporting non-fungible tokens on Solana, Ethereum, Polygon, Bitcoin, and more, was the fourth leading NFT marketplace in Q3, 2025. In the past 90 days, the Magic Eden NFT market platform has amassed a trading sales volume of $104 million. During this time, the Solana NFTs took the largest share, accumulating 53% of the total trading sales volume.
Tensor, the largest non-fungible token marketplace built on the Solana blockchain, designed for advanced traders, was the fifth most traded NFT marketplace in Q3 2025. In the past 90 days, the Tensor NFT marketplace has amassed a trading sales volume of +$18 million. It has risen to prominence because of its focus on speed, deep liquidity, and powerful NFT tools that mirror a sophisticated financial market.
Five Top Selling NFT Collections In Q3 2025
Pudgy Penguins, a globally acknowledged non-fungible token collection from the digital asset incubation studio Igloo, featuring a limited set of 8,888 profile pictures hosted on the Ethereum, was the top-selling NFT collection in Q3 2025. In the past 90 days, the Pudgy Penguins NFT collection has amassed a trading sales volume of $142 million, up 72% from the second quarter.
CryptoPunks, a globally acknowledged non-fungible token collection featuring a limited set of 10,000 profile pictures previously created on the Ethereum by Larva Labs but now managed by Infinite Node Foundation, was the second most-selling NFT collection in Q3 2025. In the past 90 days, the CryptoPunks NFT collection has amassed a trading sales volume of $126 million, up +25% from the second quarter.
Source: Tiexo.com
Moonbirds, a globally acknowledged non-fungible token collection from the digital asset incubation studio Orange Cap Games, featuring a limited set of 10,000 profile pictures hosted on the Ethereum, was the third most-selling NFT collection in Q3 2025. In the past 90 days, the Moonbirds NFT collection has raised a trading sales volume of $92 million, up 989% from the second quarter.
Bored Ape Yacht Club, another globally acknowledged non-fungible token collection from the digital asset incubation studio Yuga Labs, featuring a limited set of 10,000 profile pictures hosted on the Ethereum, was the fourth most-selling NFT collection in Q3 2025. In the past 90 days, the Bored NFT collection has raised a trading sales volume of $83 million, up 67% from the second quarter.
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