On August 18, 2025, the capitalization of the sector fell to $8.1 billion, a decline of 12% over a few days, totaling #NFT . The correction occurred against the backdrop of a downturn in the cryptocurrency market in general and $ETH specifically.

Recall that on August 13, 2025, against the backdrop of Bitcoin's growth and, consequently, the entire market in general, the capitalization of this sector reached $9.4 billion. The increase was 40% compared to data from the end of July.

Most NFTs are issued, sold, and purchased on the Ethereum network. It accounts for more than half of the total trading volume. In this regard, a sharp correction in the price chart of the network's native token, which is used to pay gas fees, directly affects the sector .