The sales of non-adapted tokens (NFT) fell sharply in the first quarter of 2025, which fell 63% year-on-year. However, some standout collections disobeyed the collapse and posted acquisitions.
The NFTs recorded $ 1.5 billion in total sales from January to March 2025, down from $ 4.1 billion in the same period in 2024, According to to data from combined -with cryptoslam. March has reacted for steep decline, with sales falling 76% to $ 373 million compared to $ 1.6 billion last year.
Despite the slowdown, collections including doodles, millennia makers and pudgy penguins have exceeded expectations, showing strength amidst the fall.
Pudgy Penguins, Doodles, Milady Defy Nft Downturn in Q1
Among the largest NFT collections, cryptopunks recorded $ 60 million in Q1 2025 sales, down 47% from $ 114 million in the first quarter of 2024.
The bored Ape Yacht Club (BayC) has a larger drop of 61%. The NFT -themed monkey collection has a sales volume of just $ 29.8 million in Q1 2025, down from $ 78 million to Q1 2024.
Among the popular collections reviewed by Cointelegraph, Pudgy Penguins recorded the highest sales volume in Q1 2025. The collection recorded $ 72 million for the quarter, a 13% increase to its $ 63.5 million in Q1 2024.
Doodles also denied the broader market collapse, with sales jumping $ 32 million in Q1 2025 from $ 22.6 million in Q1 2024, probably driven by growing mainstream and A Recent collaboration with McDonald’s.
Meanwhile, Milady Maker recorded the highest percentage increase in top collections. The NFT collection based on Ethereum had an increase in sales volume by 58%. The anime themed project, sponsored by Ethereum co-founder Vitalik Blerin, continues to draw attention to social media platforms.
The collection includes 10,000 anime avatar inspirations and has it Got traction from promotion By controversial three arrow capital co-founder Su Zhu.
Related: Sony’s Soneium Blockchain, Animoca brands bring anime to web3
Bitcoin NFT’s average price increased to Q1 2025
As the NFT’s general market refused, the NFTs built in Bitcoin saw an increase in the average price, even though the total sales volume was backwards.
In the first quarter of 2025, the NFTs in Bitcoin saw their average increase in $ 633.24. According to In Dappradar’s data aggregator, the average price of Bitcoin NFTS rose from $ 63.45 from 2023 to $ 559.05 in 2024 before reaching its current average.
However, Bitcoin -based sales NFT declined At $ 291 million in 2025, a fall of 79%. In the first quarter of 2024, the Bitcoin NFTS has a sales volume of $ 1.4 billion.
In a previous interview with Cointelegraph, Bitlayer co-founder Charlie Hu said that the ordinal bitcoin was one of Most of the overhyped narrative In the Bitcoin ecosystem. The executive told Cointelegraph that as the asset class went to the moon, the time was “completely gone.”
Magazine: Trump -Biden’s Bet led to an attraction to ‘idiotic’ NFTS -BatSoupyum, NFT collector
