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NFT market drops to 2025 lows, with total valuation down 72% since the beginning of the year
Deep Tide TechFlow News, December 25 — According to Cointelegraph, data from CoinGecko shows that the NFT market in December fell to its lowest point since 2025, with a total valuation of only $2.5 billion, a sharp decline of 72% from the January peak of $9.2 billion. Market participation has significantly shrunk, with CryptoSlam data indicating that the number of buyers has continued to decrease, and the number of sellers has fallen below 100,000 for the first time since April 2021.
Mainstream blue-chip NFT projects such as CryptoPunks, Bored Ape Yacht Club, and others have seen prices drop between 12% and 28% over the past 30 days. Notably, art-related NFTs have performed relatively steadily. The emerging project Sports Rollbots successfully broke into the top ten by market cap, with a floor price of $5,800 and a total valuation exceeding $58 million, replacing the position of Mutant Ape Yacht Club.