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The market formerly making a winding for the collections of non -fascinable tokens has another collapse. During another month, the NFT market has dropped in terms of volume negotiations sales and floor price values. During the last month, the NFT market increased a volume of negotiation sales by $ 498 million, down 50% compared to the previous month. In this article, we will explore certain factors powering this slowdown.
The volume of trading 3 / NFT fell 50% to $ 498 million, reflecting the slowdown in wider cryptography, while the collections of NFT and sporting and sporting NFTs have grown. pic.twitter.com/kkvnubj0vu
– Dappradar (@dappradar) March 6, 2025
NFT sales fell + 50% in February 2025
A report compiled by Dappradar, a Crypto market data aggregator and a multi-chain non-bubble chip collection platform allowing users to exchange everything, from NFTS to NFTS and games, shows that the NFT market has again recorded negative growth in February. Based on the report, the NFT market has raised a volume of negotiation sales of $ 498 million, down + 50% compared to the previous month.
The global slowdown in the NFT market has made a huge drop in the prices of cryptocurrencies, reflecting a wider market trend. The NFT market retests an increase in the fourth quarter of 2024, reaching a record summit of $ 1.36 billion in December 2024. Unfortunately, the time of NFT growth has slowed down since the start of the year, negotiation sales reduced to 997 million dollars in January 2025. The correlation between the cryptocurrency prices.
In February 2025, the collection of non -bubble tokens (PFP) in profile (PFP) led in the volume of negotiation, generating $ 243 million out of 76,385 sales, with 99% of transactions on the Ethereum Blockchain network. Meanwhile, the NFTS game obtained the second highest volume of negotiation at 41 million dollars, with 421,853 assets exchanged, mainly on the unchanging network of the blockchain. The sports NFTs dominated the third highest volume, representing $ 7.7 million in sales volume, with 98% of the activity on Starkware.
Penguins and Griffonnages challenge the NFT bear market
Despite the slowdown, fatty penguins have remained one of the most active NFT collections on the NFT market. Launched in 2021, Pudgy Penguins is a collection of non -bubble tokens with a limited edition of 8,888 NFTS hosted on the Ethereum Blockchain network. Despite the drop in the volume of negotiation, the NFT NFT NFT trading sales increased by 25%, indicating a strong negotiation activity at lower price points.
Doodles, a collection of non -fungible tokens with a limited edition of 10,000 NFTS hosted on Ethereum, is another NFT collection that has challenged the bear. In February, Doodles saw a notable increase in volume, driven by its announcement of a new token, Dood, which should be launched on Solana. This strategic decision is part of the broader effort of the project to extend its ecosystem and offer additional value to its community, generating a new excitement around the collection.
Based on the Dappradar report, Kaito Genesis is another NFT collection that has challenged the NFT bear market. Launched in December 2024, Kaito Genesis, an NFT collection focused on Kaito Ai, a renowned digital asset search engine designed to democratize the Crypto and NFT information, composed of a limited set of 1,500 NFT unique on the Blockchain Ethereum network. In February, Kaito Genesis saw its NFT floor price reaching a summit of 7.65 ETH.
Courtyard, an innovative non -bubilible token project that prays physical collector and digital active ingredients, is another NFT collection that jumped in February. Developed by Courtyard.io, the NFT platform allows TOKENIZE collectors of real world articles such as classified exchange cards by storing them in vaulted chests and striking them as NFT on the Polygon network. This fusion of tangible and digital active ingredients shows a unique evolution in the NFT space, aimed at traditional users and web3 enthusiasts.
Beyond the wider AI and PFP dominating the web3 in February, the NFT sector has also experienced growing interest in digital sports assets. Despite a new rival, “Cripsage”, Sorare, a long -standing leader of the NFTS sporting, continued to dominate. Cripsage is a new NFT game platform offering an opinion trading platform based on cricket where users can buy and sell NFT “yes” or “no” based on real world cricket events.
Crypto Hacks on the Rise in 2025
February concluded records as the most devastating month of the short crypto and the history of non -bubble tokens. During the last week of February, Bybit, an NFT and crypto exchange platform, suffered the largest hack, leaving more than $ 1.5 million stolen. This amazing figure marks the greatest amount ever lost in one month due to hacking incidents. The North Korean pirate group Lazarus was tried responsible for the hacking of Bordeau.
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