A recent report by DappRadar highlights a significant shift in the NFT market, noting a 45% quarter-on-quarter drop in trading volumes in Q2 2025, despite a remarkable 78% growth in sales. This suggests that while more transactions are occurring, the average prices of NFTs have fallen dramatically, making them more accessible to a broader audience. For instance, trading volumes decreased to $823 million from $4 billion a year prior, while the number of sales reached 12.5 million, up from 7 million in Q1 2025. The art category particularly demonstrated significant changes, with a 51% drop in trading volume but a 400% increase in sales, indicating that lower prices are attracting more buyers. Other areas, like domain NFTs, saw increased activity especially related to certain blockchain applications. Meanwhile, the NFT market has been recovering since a dismal 2024. DappRadar attributed some of these trends to users actively trading cheaper collections in anticipation of rewards from OpenSea's upcoming $SEA token airdrop, suggesting a strategic pivot among traders. However, the report warns that overall market activity is tempered by security concerns, as hacking incidents have reportedly cost the Web3 space around $6.3 billion in Q2 2025, a steep rise compared to previous quarters.

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