The figure represented a 47.6% increase from June’s $388.9 million but trailed January’s $678.9 million, the highest monthly sales volume in 2025

Non-fungible token (NFT) sales surged to more than $574 million in July, the second-highest monthly volume this year, according to data from NFT tracker CryptoSlam.

The figure represented a 47.6% increase from June’s $388.9 million but trailed January’s $678.9 million, the highest monthly sales volume in 2025.

The number of transactions dipped from 5.5 million to five million, a 9% drop month-over-month. However, the average sale value climbed to $113.08, the highest in six months, suggesting a growing appetite for higher-value assets.

Unique buyers dropped to 713,085, down 17% from July’s 860,134, while unique sellers increased to 405,505, up 9% month-on-month. The imbalance suggests buyers are consolidating, with fewer participants making larger purchases.

According to NFT Price Floor, the overall market capitalization for the NFT sector is over $8 billion, up 21% from its valuation of $6.6 billion on July 24.

In July, Ether surged to over $3,900, a 62% increase from its Aug. 1 price of about $2,400. At the time of writing, ETH maintained a price above $3,800.

The asset’s rally also influenced an increase in valuations for Ethereum-based collections. In the last 30 days, NFT Price Floor data shows that all of the top 10 collections by market capitalization are Ethereum-based NFTs.

In terms of total value traded in 30 days, CryptoPunks led the list with over $69.2 million, according to NFT Price Floor. Pudgy Penguins followed with $55.5 million, while the Polygon-based Courtyard NFTs held the third spot with $23.8 million.

Growth-wise, Pudgy Penguins outpaced even CryptoPunks in July. The collection showed a remarkable 65.44% increase in floor prices. This eclipsed the performance of other blue-chip collections like the Bored Ape Yacht Club (BAYC) or the Mutant Ape Yacht Club (MAYC).