#NFTMarketWatch đ 1. What is "NFTMarketWatch"?
"#NFTMarketWatch" isnât a singular platformâitâs a social and analytical metric tag used across platforms like Binance, Twitter, and Telegram to gauge weekly or daily shifts in NFT transactions, volumes, and trends. It's a real-time monitor, often tracking:
Weekly sales volume by blockchain (e.g., Ethereum, Bitcoin, Polygon)
Hot NFT collections
Market sentiment and growth/meltâdown patterns
đ„ 2. Latest Market Snapshot
According to a recent Binance Square update from July 21, 2025:
> âEthereumâbased NFT sales jumped to $79.7âŻM, a 61.8âŻ% rise weekâoverâweek, with Bitcoin NFT volumes up ~60.6âŻ%. Polygon and other chains also saw sharp upticks.â
Takeaway: A strong rebound across multiple chainsâup ~60% week-over-weekâsignals renewed interest in NFTs this week.
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đ 3. NFT Market Trends Overview
While not tied directly to #NFTMarketWatch, broader NFT trends reinforce the current momentum:
Hybrid & fractionalized NFTs continue gaining traction as they offer liquidity and participation from more buyers .
GameFi & in-game NFT adoption are bouncing back, feeding off positive volume and gaming token integration .
Ordinals on Bitcoin blockchain are risingâallowing NFTs to be embedded in individual satoshisâexpanding beyond Ethereum .
Phygital NFTs (combining physical items with digital tokens) remain a key innovation field .
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đ 4. Historical Volume Context
Market volume has seen steep peaks and troughs:
At the 2022 boom, global NFT trading hit $17âŻbillion/month .
It collapsed to below $500âŻmillion/month later in 2022 .
January 2023 saw a rebound of $946âŻmillion in monthly NFT sales .
2024 marked a resurgence, with some weeks up by **50%+** .
And now (July 2025), a 60% week-over-week jump, signaling strong renewed appetite .