Once the hottest trend in crypto, NFTs are now in freefall. The digital collectibles market has plunged to its lowest point in 18 months, with Q2 2025 sales volume dropping to just $823 million — down from $4 billion during the same period in 2024, according to a new DappRadar report.

This marks the fifth consecutive quarterly decline, painting a grim picture for investors and creators alike.

🔹 19% drop from Q1 2025

🔹 Sharpest decline since the NFT boom began

🔹 2025 shaping up as the worst year in NFT history

📉 The Hype Is Over. Reality Sets In.

Public interest is fading fast. The media has moved on, and a key question remains: Do NFTs have real long-term value?

📉 Once-top projects like Bored Ape Yacht Club have lost their shine.

📉 Smaller collections are struggling to stay afloat.

📉 High Ethereum gas fees, user skepticism, and lack of utility are dragging the market down.

🕳️ NFT Platforms and Users Are Disappearing

Back in 2021, NFTs dominated headlines, created overnight millionaires, and drew global attention with high-profile auctions like Beeple’s $69 million Christie’s sale.

But the gold rush didn’t last.

🔹 Trading volumes have crashed.

🔹 Top platforms like OpenSea are bleeding traffic.

🔹 Rivals like LooksRare and Blur now rely on aggressive incentives.

🔹 Celebrities and influencers have gone silent.

🔹 Many investors are stuck holding worthless assets.

🧱 Trump Still Promotes NFTs—But Can’t Save the Market

Donald Trump remains one of the few public figures still actively pushing NFTs. Since reentering the political arena, he has released four collections, featuring himself as a superhero, holding gold bars, or embracing Bitcoin.

Each collection sold out within hours, and his 2023 NFT dinner event drew media buzz. But even Trump’s influence hasn’t reversed the downtrend.

🔸 The Bitwise Blue-Chip NFT Index has dropped 52% since his campaign ramped up in early 2024.

🔸 Short-term hype isn’t enough to fix deep market issues.

⚖️ Crypto Thrives While NFTs Collapse

While NFTs crumble, the broader crypto market is recovering. Bitcoin and Ethereum gained ground in 2024 thanks to institutional investments and ETF optimism.

But NFTs have been left behind. The early excitement is gone, replaced by skepticism, fatigue, and silence.

NFTs will need a bold new wave of innovation to survive. Otherwise, they risk fading into digital obscurity—remembered as just another crypto-era relic.



#nft , #bitcoin , #Ethereum , #TRUMP , #CryptoNews

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!

Notice:

,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“