#NFTMarketWatch
The NFT market in 2025 shows mixed dynamics. The global market cap surged 28% in a day to $6.6B, with weekly trading volume hitting a 6-month high, led by Ethereum projects like CryptoPunks and Bored Ape Yacht Club (BAYC). Pudgy Penguins rose 25% to $35k USD per NFT, and BAYC hit $33k USD. However, trading volumes are inconsistent, with CryptoSlam reporting $2.82B in sales for H1 2025, while DappRadar notes a decline. OpenSea is pivoting to token trading, DeFi, and AI, while platforms like Magic Eden and Rarible expand offerings. The SEC approved an NFT ETF tied to Pudgy Penguins and $PENGU, signaling mainstream adoption. Despite volatility, use cases in gaming, digital ID, and metaverse are driving resilience. Projected growth is strong, with estimates of $35B by 2035 (CAGR 30.41%).