2025-12-25 11:21:59

This year's NFT market has already lost momentum. In December, the total market capitalization dropped directly to $2.5 billion, compared to the peak of $9.2 billion in January, representing a decline of 72%. Weekly sales in the first three weeks never exceeded $70 million, and participation clearly declined.

Data more clearly illustrates the issue. According to CryptoSlam, there were still 184,302 active unique buyers in the first week of December, but by the third week, this number was halved to 135,120—such a rapid decline is indeed quite striking. Sellers also fared poorly, with a decline of 35.6% during the same period. The market's coldness is evident.

Blue-chip projects have also collectively plummeted. Renowned projects like CryptoPunks and Bored Ape Yacht Club saw floor price drops ranging from 12% to 28% over the past 30 days. However, there are some bright spots—art-oriented NFT projects like Autoglyphs have performed relatively better, suggesting the market is re-evaluating the actual value of projects.

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BearMarketBuyer

· 7h ago

72% decline... My goodness, is this what they call a "historical opportunity"? Haha, BAYC also collapsed, it seems everyone is starting to seriously look at the projects themselves. Halved buyer numbers? Don't worry, those who bought at the bottom are waiting for a rebound. Art-oriented projects are really more resilient to drops, this time I see it clearly. The market is cold, but isn't this the perfect time to bottom fish? CryptoPunks dropping to this price level isn't a big problem. What does it mean that 35.6% of sellers have fled? People without confidence have left. It seems only those truly passionate about projects are active, now that makes sense. 72%... sounds scary, but it's just the process of淘汰泡沫 (eliminating bubbles). Looking at BAYC's floor price like this, I’ve already been watching. The bottom area should be this cold; only good projects can emerge. Fewer buyers is actually good, competition pressure is reduced. Interesting, the market is self-correcting.

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CounterIndicator

· 11h ago

72% direct cut, this is the sound of dreams shattering --- Cut down to 135k buyers, I think this wave is really cold --- Wait, the art-oriented ones are actually holding up? It shows everyone is finally starting to take things seriously --- What are those BAYC holders feeling now? They wouldn't even dare to imagine --- So quiet and still, yet they still dare to call for a rebound? I think it's unlikely --- Fell from 184k to 135k, the data speaks for itself --- Blue-chip stocks are collectively plunging, it shows that nothing else matters, the trend rules --- Interesting, art projects are starting to bleed, the market is really reshuffling --- 25 billion versus 92 billion, this is what you call reality --- Participation is declining, everything that needed to be sold has been sold

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just_vibin_onchain

· 11h ago

72% decline... Oh my god, is this what they call "winter"? Punks and BAYC can't withstand it either; it seems only projects with real core value can survive. The NFT bear market this time is brutal; projects that are still alive are definitely worth checking out. Data doesn't lie; buyers are being cut in half—how desperate must that be? Autoglyphs resisting the downturn against the trend? Could it really be time to seriously evaluate the projects themselves? Is this drop a shakeout or is it really over... I can't quite tell.

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AirdropHarvester

· 11h ago

72%？Wow, how lucky do you have to be... I should have sold everything half a year ago. The seller was cut in half directly, is anyone still buying the dip here? Or are they all numb now? Cryptopunks have fallen so much that no one wants them, which means everyone is finally starting to look at the fundamentals. However, art pieces like Autoglyphs are still holding up, it seems that projects with real core value can still survive. Everyone has already left... Does it feel like this wave is really over?

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