NFT Winter Deepens: Monthly Sales Hit Lowest Point of the Year, Market Cap Drops 66%

Moon5labs

The non-fungible token (NFT) ecosystem is facing its coldest period of the year. Monthly sales in November reached only $320 million, a sharp decline from $629 million in October – and the lowest level since September 2024. A 49% drop in monthly sales sends the digital collectibles sector back into defensive mode and suggests that the NFT winter may persist longer than expected.

NFT Market Cap: Down Two-Thirds From January High Analytical platforms show that the total NFT market capitalization is now around $3.1 billion, marking a 66% decrease from January 2025, when it reached $9.2 billion. From December 1 to 7 alone, NFT sales generated just $62 million – the weakest weekly volume of 2025 – underlining the ongoing slowdown in NFT trading momentum.

Major Collections in Free Fall: Punks, Apes, and Moonbirds Under Pressure Most leading NFT collections continue to decline: 🔹 CryptoPunks down 12%

🔹 Bored Ape Yacht Club (BAYC) down 8.5%

🔹 Pudgy Penguins down 10.6%

🔹 Fidenza dropped 14.6%

🔹 Moonbirds fell 17.9%

🔹 Mutant Ape Yacht Club down 13.4%

🔹 Hypurr saw the steepest drop – down 48% Even blue-chip NFT projects, long seen as relatively stable, have not been spared from this broad market correction.

Bright Spots: Two Projects Defy the Downtrend On the other hand, two collections managed to buck the negative trend over the last 30 days: 🔹 Infinex Patrons rose by 14.9%

🔹 Autoglyphs outperformed all other top 10 collections with a 20.9% gain These exceptions suggest that select high-quality projects with limited supply can still attract buyers – even in bear markets.

Year-End Outlook: More Pain or Rebound Ahead? While the NFT market capitalization plunged from $6.6 billion to $3.5 billion between October and November, a short-lived recovery on November 11 hinted at a possible comeback. That rebound pushed valuations briefly back up to $3.9 billion, driven in part by rising memecoin activity. However, this momentum faded quickly. The latest data puts total NFT market capitalization at $3.1 billion, which is 53% below October levels. As we approach the end of 2025, the NFT market stands at a crossroads: Will it thaw with renewed investor interest – or sink further into a prolonged crypto winter?

#nft , #Web3 , #blockchain , #CryptoNews , #CryptoCommunity

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