The NFT market, once bustling like a downtown pizzeria on a Friday night, is suddenly feeling emptier than a boardroom after the coffee runs out.
The scene? The first week of September, where unique NFT buyers shrank below 200,000 for the first time since June.
That’s a 58% plunge from nearly half a million buyers back in mid-June.
Weekly NFT sales
Now, let’s talk dough, money, that is. Experts highlighted that sales volume for NFTs decreased to just $91.96 million.
To put it simply, that’s scraping the bottom of the barrel, the lowest we’ve seen since late June when sales were hovering around $90 million.
Keep in mind, July and August were the high rollers’ months, with weekly sales never dipping below $115 million, one week even hitting a smooth $170 million.
That’s some serious heat, the kind of heat that makes you sweat, but now? The thermostat’s broken.
Lower prices
Analysts say what’s wild here is the sharp drop in active players. Unique buyers went from almost 490,000 back in June to just shy of 200,000 by September.
Sellers? Down too, from over 258,000 to around 146,000.
The average ticket price? It’s shrinking too, like the last slice of pizza nobody wants. August saw it steady around $104, but by September, average sales slid to $72, a 30% dip in just two weeks.
It’s like watching your favorite sports team losing playoff games one after another, except with your hard-earned cash on the line.
There’s some good news too, as despite the shrinking crowd and lower prices, the number of overall transactions stayed strong at 1.27 million.
That’s like a busy waiter still taking orders, even if customers aren’t tipping big anymore. So, there’s still hustle, but the vibe has changed, smaller bets, cautious moves.
The golden days
Experts like Sara Gherghelas at DappRadar say the summer boom was all about adoption, the wild ride of digital collectibles catching fire, no doubt helped by cool moves like the Ibiza NFT art gallery, showcasing masterpieces from big names like Beeple and Mad Dog Jones.
And don’t forget Base, Coinbase’s layer-2 network, climbing to be the third-largest chain by monthly NFT trading volume. Those were the golden days. But now they’re likely gone.
The market’s taking a breather, a little reality check. It’s not all doom and gloom, just a shift from a blazing bonfire to smoldering embers.
The NFT world is playing the long game, guys. But for now, the empty seats and smaller tabs tell a story, the market’s cooled off, and everyone’s watching to see if it’s just a pause or the end of the line.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Cryptocurrency and Web3 expert, founder of Kriptoworld
LinkedIn | X (Twitter) | More articles
With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
📅 Published: September 10, 2025 • 🕓 Last updated: September 10, 2025
✉️ Contact: [email protected]