NFT Market Hits Lowest Valuation of 2025 at $2.5 Billion

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Non-fungible tokens (NFTs) extended their year-end slide in December, with total market valuations falling to $2.5 billion — the lowest point of 2025. This represents a 72% decline from the sector’s peak of $9.2 billion in January.

Weekly NFT sales remained subdued, failing to surpass $70 million during the first three weeks of December, underscoring thin liquidity and a continuation of the market’s downward trend. Despite renewed interest in physical collectibles such as Labubu and Pokémon cards earlier in the year, the NFT sector has struggled to regain momentum.

The decline reflects broader market challenges and decreasing investor participation heading into the new year.