Despite the decline in their popularity, the NFT still has 3.62 billion dollars in sales in 2025. Since 2017, they have accumulated 71.55 billion, including the majority on Ethereum. After the explosion of 2021-2022 followed by the slowdown of 2023, the market stabilized. Less speculative, NFTs are now anchored in more concrete digital uses.
In short
- In 2025, the NFT already totaled $ 3.62 billion despite the post-2022 slowdown.
- Ethereum is still dominating, while Solana and Bitcoin confirm their rise in the ecosystem.
- Less speculative, NFTs are now moving towards concrete uses, strengthening their anchoring in the web3.
Ethereum in mind, Solana and Bitcoin in ambush
Unsurprisingly, Ethereum dominates the scene. With more than $ 46 billion in real sales, despite the shadow of the Wash Trading (nearly 34.6 billion identified), it remains the backbone of the ecosystem. Its position confirms the preference of creators and investors for its liquidity and market depth.
Behind, Solana continues to trace her way. Its 6.43 billion authentic sales illustrate the emergence of an alternative ecosystem, appreciated for its speed and reduced costs. The Bitcoin, for its part, surprises: its 5.56 billion comes almost entirely from the last two years, revealing the late but powerful boom of the NFT on the first blockchain.
This diversity shows that it is no longer an isolated phenomenon. Each blockchain brings its style, its communities and its niches, drawing a fragmented but alive market.
Towards a maturity of the NFT market
The time for record volumes driven by speculation seems to be over. Today, NFTs find their place in concrete uses: gaming, digital identity, tokenized tickets or institutionalized digital art. The case of Infinity Axie on Ronin, which generated $ 4.29 billion in sales almost without Wash Trading, illustrates this transition to healthier models.
For 2025, The figures speak for themselves : reaching the level of 2024 would require a notable acceleration, and exceeding the historic peak of 2022 seems out of reach. However, the real battle is no longer played only on the amounts, but on the legitimacy and the integration of NFT into the digital economy.
The next few years will say if the NFT is essential, despite the fall of Ether on the market, or as essential bricks of the web3. One thing is certain: despite the tremors, the sector did not say its last word.
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