NFT Market Cap Surges to $6.6B in July as CryptoPunk Sells for $5M – Are NFTs Back?
The NFT market experienced a dramatic resurgence in July 2025, with market capitalization surging 94% to $6.6 billion and weekly trading volumes spiking 51% to $136 million, marking the highest levels since early 2025 after months of consecutive quarterly declines. According to a new report from DappRadar, average NFT prices jumped 40% in seven days…