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According to Cointelegraph, the non-fungible token (NFT) market has experienced a substantial decline, reaching its lowest monthly sales volume this year. Digital collectibles have seen a significant drop in market capitalization, falling over 66% from their January highs. Data from CryptoSlam reveals that NFT sales plummeted to $320 million in November, a stark contrast to the $629 million recorded in October. This decline has brought monthly volumes back to levels not seen since September 2024, when sales hit $312 million. Further analysis shows that between December 1 and 7, NFTs generated $62 million in sales, marking the weakest weekly total of 2025. This slow start to December indicates that the downturn may continue throughout the month as NFT momentum wanes. The downward trend is part of a broader decline in NFT valuations. CoinGecko reports that the sector's overall market cap stands at $3.1 billion, a 66% decrease from its peak of $9.2 billion in January. CoinGecko data also highlights that most top NFT collections have mirrored the broader market decline. CryptoPunks, the largest by market cap, fell 12% over the last 30 days. Bored Ape Yacht Club slipped 8.5%, while Pudgy Penguins dropped 10.6% during the same period, continuing a pullback across dominant NFT assets. Art-driven blue-chip collections were not spared either, with Chromie Squiggle sliding 5.6%, Fidenza falling 14.6%, Moonbirds dropping 17.9%, and Mutant Ape Yacht Club down 13.4% in the last month. Hypurr experienced the largest decline among the top 10 NFT collections, shedding 48%. Despite the overall downturn, two major collections posted gains in the last 30 days, defying the trend. Infinex Patrons, currently the second-largest NFT collection by market cap, saw a 14.9% increase, while Autoglyphs outperformed the entire top 10 leaderboard with a 20.9% surge. The latest decline comes amid a turbulent quarter for the NFT market. As previously reported by Cointelegraph, NFTs recorded a sharp drop in valuation from October to November, with digital collections falling from $6.6 billion to $3.5 billion, representing a 46% drop in just 30 days. This weakness was followed by a brief rebound on November 11, when the NFT market cap recovered from $3.5 billion to $3.9 billion, reflecting renewed interest alongside a memecoin rally. However, the recovery was short-lived, as CoinGecko data shows the NFT market cap is now at $3.1 billion, down 53% from October.

According to PANews, the NFT market has seen a notable decrease in activity over the past week, with transaction volumes dropping by 9.22% to $85.31 million. The number of NFT buyers fell sharply by 96.75%, reaching 20,349 individuals, while sellers decreased by 95.05% to 23,241. Additionally, the number of transactions declined by 4.21%, totaling 1,405,561.The Ethereum network recorded a transaction volume of $33.42 million, marking a 14.97% decrease from the previous week. The Base network saw its transaction volume fall by 27.35% to $7.25 million, and the Mythos Chain network experienced an 11.3% decline, reaching $7 million.Among the high-value transactions this week were several CryptoPunks sales: CryptoPunks #8295 sold for $196,275.14 (54.69 ETH), CryptoPunks #5361 for $173,369.70 (45 ETH), CryptoPunks #5295 for $165,743.73 (49.99 ETH), CryptoPunks #9537 for $160,023.86 (41.5 ETH), and CryptoPunks #2845 for $151,059.23 (39 ETH).

According to PANews, the NFT market experienced a notable decrease in trading volume over the past week, with a 30.73% drop to $95.8 million, as reported by Crypto.news. Despite this decline, the number of NFT buyers increased by 22.82%, reaching 626,234, while the number of sellers rose by 13.54% to 469,316. However, the total number of NFT transactions fell by 5.08%, totaling 1,458,311.In terms of network-specific performance, the Ethereum network saw a 12.94% increase in trading volume, reaching $40.28 million. Conversely, the Bitcoin network experienced a 12.12% decrease, with trading volume falling to $11.52 million. The Base network recorded an 8.73% increase, with a trading volume of $10.09 million.This week, several high-value NFT transactions were noted. CryptoPunks #8407 was sold for $413,469.94 (100 ETH), Bored Ape Yacht Club #3105 fetched $359,769.63 (90 ETH), and V1 Cryptopunks Wrapped #4350 was sold for $248,839.14 (62.9 ETH). Additionally, Autoglyphs #256 sold for $222,558.91 (59 WETH), and CryptoPunks #7378 was purchased for $212,360.44 (51 ETH).

According to PANews, the NFT project Pudgy Penguins has announced a collaboration with DreamWorks Animation's Kung Fu Panda. This partnership marks a significant development in the NFT space, bringing together a popular digital collectible project and a renowned animation franchise.

According to PANews, the NFT market has seen a substantial decrease in trading volume over the past week, with figures dropping by 39.93% to $94.91 million, as reported by Crypto.news. Despite this decline, the number of NFT buyers increased by 33.14% to 509,798, while sellers rose by 21.04% to 413,225. However, the total number of NFT transactions fell by 7.63%, reaching 1,543,392.The Ethereum network recorded a trading volume of $36.75 million, marking a 62.46% decrease from the previous week. In contrast, the Bitcoin network saw a 15.57% increase in trading volume, reaching $13.07 million. The Base network experienced a decline of 34.8%, with a trading volume of $9.24 million.Notable high-value transactions this week included the sale of Known Origin #264609 for $246,984.31 (63.8 ETH), CryptoPunks #7839 for $174,846.97 (44.99 ETH), CryptoPunks #7378 for $173,119.61 (45 ETH), and CryptoPunks #7461 for $167,646.53 (42 ETH).

According to Foresight News, Falcon Finance has released the results of its Perryverse NFT whitelist. Users who staked 1,000 FF tokens before the snapshot can check their whitelist eligibility. The whitelist minting will commence on October 22 at 20:00 UTC+8 and will be open for 24 hours. Eligible wallets can mint one Perryverse NFT using 1,000 FF tokens.Additionally, users who staked 1,000 FF tokens but were not included in the whitelist will be eligible for a 5% discount during the public minting period, requiring 1,900 FF tokens. The public minting event is scheduled to take place from October 23 at 20:00 UTC+8 to October 25 at 19:59 UTC+8, lasting for 48 hours.

According to PANews, the NFT market experienced a 5.02% increase in trading volume over the past week, reaching $158 million, as reported by Crypto.news. The number of NFT buyers surged by 126.93% to 382,881, while sellers increased by 124.15% to 341,290. Additionally, the number of NFT transactions rose by 2.48%, totaling 1,703,436.Ethereum network transactions amounted to $98.95 million, marking a 20.31% rise from the previous week. The Base network recorded $14.16 million in sales, a decrease of 6.15%. Meanwhile, Bitcoin network transactions fell by 29.6%, totaling $9.87 million.Notable high-value transactions this week included Bored Ape Yacht Club #1878, which sold for $1.65 million (400 ETH), and several CryptoPunks sales: #854 for $195,823.70 (47.46 ETH), #5054 for $194,037.84 (47 ETH), #8746 for $193,859.75 (46.69 ETH), and #9537 for $192,416.83 (46 ETH).

According to PANews, the NFT market experienced a substantial increase in trading volume over the past week, with a 95.23% rise to $257.4 million, as reported by Crypto.news. The number of NFT buyers grew by 18.14% to 693,590, while sellers increased by 17.77% to 584,235. However, the total number of NFT transactions decreased by 8.67% to 1,874,619. Ethereum network trading volume reached $96.34 million, marking a 94.44% increase from the previous week. Bitcoin network trading volume also increased by 39.71% to $11.47 million. Notable high-value transactions this week included the sale of CryptoPunks #1563 for $12.05 million (2745 ETH), Hypurrr #3926 for $7.86 million, Hypurrr #175 for $7.82 million, Hypurrr #1131 for $7.63 million, and Hypurrr #3460 for $6.46 million.

According to Cointelegraph, a U.S. judge has dismissed a lawsuit filed by investors against Web3 company Yuga Labs, concluding that non-fungible tokens (NFTs) do not meet the legal definition of securities. Judge Fernando M. Olguin determined that the plaintiffs failed to demonstrate how the Bored Ape Yacht Club (BAYC), ApeCoin (APE), or other NFTs sold by Yuga Labs satisfied the criteria of the Howey test. This test, established by the Securities and Exchange Commission (SEC), is used to assess whether a transaction qualifies as an investment contract. The lawsuit was initially filed in 2022. Yuga Labs marketed its NFTs as digital collectibles offering membership perks to an exclusive club, positioning them as consumables rather than investment contracts, according to Judge Olguin. He stated that the promise of future consumptive benefits does not inherently transform these benefits into investment-like in nature. The judge emphasized that the plaintiffs did not prove that the Bored Ape Yacht Club and other NFT collections launched by Yuga Labs constituted a "common enterprise" with the expectation of profits generated by others. This ruling aligns with legal precedent suggesting that most digital assets are not securities. The NFTs, which are traded on public blockchain networks, did not establish a continuous and dependent financial relationship between the purchaser and Yuga Labs, thus failing to qualify as a "common enterprise" under the Howey Test, Judge Olguin noted. Investors who acquired NFTs from the company paid fees to Yuga Labs that were separate from the NFT prices, as highlighted by Consensys attorney Bill Hughes on X. Furthermore, Judge Olguin concluded that Yuga Labs did not make explicit promises of profit to potential NFT buyers, and the project's roadmap did not meet the Howey test's conditions regarding the expectation of profit. He clarified that statements about a product's inherent or intrinsic value are not necessarily indicative of profit expectations. While statements about NFT prices and trade volumes might suggest a closer connection to profit expectations, they alone do not establish such an expectation, he added.

According to PANews, data from Cryptoslam reveals that Bitcoin's on-chain NFT transactions in September amounted to approximately $43.82 million, marking the lowest monthly transaction volume since May 2023. Additionally, Ethereum's on-chain NFT transactions for September reached around $176 million, setting a record for the lowest monthly transaction volume in the third quarter of 2025.

According to Cointelegraph, Vesting NFTs have surged to the forefront of daily sales volume rankings on CryptoSlam, generating over $12.4 million on the BNB Chain. This significant increase has propelled these niche non-fungible tokens (NFTs) ahead of established digital art collections such as CryptoPunks and Pudgy Penguins. The rise in interest suggests that investors are exploring new liquidity options for vested tokens. As a result, BNB Chain emerged as the leading network for daily NFT sales, reaching approximately $14 million, nearly doubling Ethereum's $7 million for the same period.The data from CryptoSlam indicates that the UNCX Network, a decentralized service provider, is behind the Vesting NFTs that have gained traction on BNB Chain. This project enables users to wrap vested tokens and mint them as tradable NFT vouchers. Vesting is a common practice used to prevent early investors and team members from quickly selling their tokens for profit and exiting the business prematurely. By locking tokens, projects effectively restrict holders from selling them. However, Vesting NFTs offer a potential solution by allowing holders of vested tokens to access liquidity through the sale of their NFTs. These NFTs encapsulate token lockups into tradable vouchers, granting the holder rights to claim the vested tokens according to a predetermined timeline. This mechanism enables users with locked tokens to trade and maintain liquidity without violating their original vesting agreements.While the volume for Vesting NFTs currently stands in the millions, crypto vesting remains a deeply integrated mechanism within the crypto ecosystem. Tokenomist data revealed that in September, approximately $15 billion in vested tokens were released into the market, with an additional $10 billion expected to be unlocked in the coming months. Beyond Vesting NFTs, other utility-based NFTs also ranked among the top 10 on CryptoSlam's 24-hour chart. The real-world asset (RWA) tokenization platform Courtyard, which allows users to use NFTs as vouchers for physical collectibles, secured the tenth position with nearly $500,000 in sales. In April, Courtyard's sales surged, propelling Polygon to the top of the weekly NFT sales chart, with Courtyard NFTs reaching a volume of $22.3 million in just seven days. Additionally, DMarket, a platform facilitating the sale of interoperable gaming NFTs, ranked among the top projects in NFT sales. This platform enables gamers to use NFTs as unique digital certificates of ownership for gaming cosmetics, character outfits, and weapon appearances.

According to PANews, recent data from CryptoSlam reveals a 1.27% increase in NFT market transactions over the past week, reaching $108.6 million. This growth is accompanied by a rise in market participation, with the number of NFT buyers increasing by 53.24% to 276,735, and sellers rising by 67.19% to 206,669. However, the total number of NFT transactions decreased by 6.65%, totaling 1,630,579.The Ethereum network saw a significant transaction volume increase of 42.85%, reaching $46.7 million. In contrast, the Mythos Chain network experienced a decline of 21.91%, with transactions totaling $12.15 million. Bitcoin network transactions also saw a slight decrease of 2.17%, amounting to $9.82 million.Notable high-value transactions this week included BOOGLE, sold for 1,380 SOL, equivalent to $324,846. Additionally, several CryptoPunks were sold: #8521 for 55.48 ETH ($255,288), #4420 for 56.388 ETH ($254,250), #2642 for 52.1 ETH ($239,735), and #1180 for 49.89 ETH ($232,394).

According to PANews, recent data from CryptoSlam indicates a modest recovery in the NFT market, with transaction volumes increasing by 5.69% to reach $106.6 million over the past week. Despite this uptick, the number of NFT buyers fell by 69.84% to 180,693, while sellers decreased by 70.87% to 123,713. The total number of NFT transactions rose by 2.60% to 1,754,295. The Ethereum network saw a transaction volume of $34.02 million, marking a 4.95% decline from the previous week. In contrast, the Mythos Chain network experienced a significant increase of 61.06%, reaching $15.50 million. Meanwhile, the Polygon network's transaction volume dropped by 14.39% to $13.37 million. Among the week's notable high-value sales were several CryptoPunks NFTs. CryptoPunks #2368 sold for 89 ETH, equivalent to $408,599. Other significant sales included CryptoPunks #5702 at 57.95 ETH ($264,994), CryptoPunks #8464 at 48.5 ETH ($225,753), CryptoPunks #6557 at 50 ETH ($220,923), and CryptoPunks #5935 at 46.5 ETH ($216,444).

According to Foresight News, OpenSea's NFT Reserve Initiative, known as the OpenSea Flagship Collection, has announced the acquisition of Pudgy Penguin #1647 and CryptoPunk #5273. This move marks a significant addition to their growing collection of non-fungible tokens.

Key TakeawaysNFT sales fell to $91.96 million in the first week of September, the lowest since mid-June.Unique buyers dropped 58% since June, while sellers fell 43%.Average NFT sale price slid from $104 in August to $72, a 30% decline in two weeks.Despite lower values, transaction counts remained high at 1.27 million.NFT Market Hits Three-Month LowThe NFT market cooled sharply last week, with sales volume dropping to $91.96 million, according to CryptoSlam. This marks the lowest weekly total since June 16–22, when sales were $90 million.The decline comes after strong July and August activity, when weekly sales consistently stayed above $115 million and peaked at $170 million in late July — the third-highest week of 2025.Buyer and Seller Activity ShrinksThe number of unique NFT buyers fell to 199,821, down 58% from mid-June’s 487,264. Sellers also dropped to 145,877, a 43% decline from 258,803 over the same period.At the same time, average sale values fell 30% in just two weeks, from $104 in August to $72 in early September.Trading Activity Still ActiveDespite the drop in prices and participants, overall NFT transaction activity remained strong at 1.27 million trades, showing collectors are still active but spending less per purchase.What Fueled July–August Strength?Analysts attributed the earlier summer surge to NFT adoption milestones, including:The launch of a permanent NFT art gallery in Ibiza featuring works by Beeple and Mad Dog Jones.Coinbase’s layer-2 network Base, which became the third-largest blockchain for NFT trading by 30-day volume in August.NFT markets are entering a cooling phase after two strong months, with falling buyers, sellers, and average sale prices. However, sustained transaction counts suggest the ecosystem remains active, even as market sentiment shifts.

According to PANews, recent data from CryptoSlam reveals a notable 22.65% decrease in NFT market trading volume over the past week, amounting to $104.5 million. This marks one of the largest weekly declines in recent months. Despite this drop, the number of NFT buyers increased by 14.89% to 622,535, and sellers rose by 16.25% to 447,821. However, the total number of NFT transactions fell by 3.07% to 1,699,318. Ethereum network trading volume reached $37.7 million, a decrease of 29.88% from the previous week. Polygon network saw a 17.43% decline to $15.7 million. Mythos Chain's trading volume slightly decreased by 1.73% to $10.1 million. BNB Chain experienced a 23.59% drop to $9.5 million, while Bitcoin network trading volume fell by 32.40% to $7.8 million. Solana network's trading volume decreased by 6.81% to $5.1 million. This week’s high-value sales included CryptoPunks #5898, sold for 100 ETH ($445,786), CryptoPunks #843 for 90.1 ETH ($403,268), CryptoPunks #9721 for 81 ETH ($361,995), CryptoPunks #490 for 80 ETH ($345,757), and Known Origin #88512 for 70 ETH ($307,384).

According to PANews, Nike Inc. and Detroit-based online trading platform StockX have reached a settlement in a trademark dispute concerning sneaker-related NFTs. The agreement, finalized last Friday in a New York federal court, concludes a three-year legal battle. Previously, a judge had ruled that the resale platform was selling counterfeit sneakers, a decision made over six months ago.The settlement effectively cancels the jury trial that was scheduled for October and dismisses all claims with prejudice. This resolution allows StockX to avoid the risk of an unfavorable verdict and spares Nike from the uncertainty of presenting its brand protection strategies to a jury.The case was initially filed in February 2022 in the Southern District of New York, with Nike accusing StockX of trademark infringement and dilution. Nike claimed that StockX's "Vault" NFTs unauthorizedly used images of Nike sneakers to sell tokens linked to physical shoes.

According to Foresight News, a user has fallen victim to a phishing attack on Uniswap, resulting in the loss of approximately $1 million in tokens and NFTs. The incident was monitored by Scam Sniffer, highlighting the ongoing risks associated with decentralized finance platforms. This attack underscores the importance of vigilance and security measures for users engaging in cryptocurrency transactions.

The NFT market lost more than 12% in value as Ethereum’s pullback triggered sharp declines across top collections.The non-fungible token (NFT) market has shed over $1.2 billion in value in less than a week, as Ether (ETH) prices retreated from recent highs.According to NFT Price Floor data, the total market capitalization of NFTs fell from $9.3 billion on Wednesday to $8.1 billion on Monday — a decline of about 12%. The downturn coincided with a 9% drop in ETH, which slipped from $4,700 to $4,259 over the same period.Ethereum Pullback Pressures NFT ValuationsSince most NFTs are minted and traded on the Ethereum network, their valuations are closely tied to ETH price action. With ETH down 4% in the last 24 hours, a majority of the top 10 NFT collections saw losses.CryptoPunks remained the top NFT collection but lost around $300 million, dropping from $2.4 billion to $2.1 billion in market cap.Sales volume for CryptoPunks fell 34% to $12.7 million over the past week, with total transactions down 28%.Bored Apes Slip, Penguins RiseThe Bored Ape Yacht Club (BAYC), previously ranked second in NFT market cap, fell nearly 20% — from $602 million to $482.3 million.In a surprise shift, Pudgy Penguins overtook BAYC, climbing into second place despite also losing value. The collection’s market cap fell from $591 million to $491 million, a 17% drop, but still enough to push it ahead of the Apes.Corporate Treasury Adoption Adds SpotlightLast week, BTCS Inc., a publicly traded blockchain company, announced that it added three Pudgy Penguins NFTs to its corporate digital asset treasury.The move highlights how institutional players are beginning to treat blue-chip NFTs as legitimate assets for treasury diversification, lending credibility to collections even amid price volatility.While the NFT market remains vulnerable to Ethereum price swings, institutional interest and the rise of alternative blue-chip collections like Pudgy Penguins suggest that NFT adoption is broadening beyond early leaders such as CryptoPunks and Bored Apes.The short-term outlook hinges on whether ETH can regain bullish momentum, potentially stabilizing NFT valuations.