The figure represents a sharp decline from October's $629 million and signals continued pressure across the digital collectibles sector.
NFT News
November marked the weakest month for non-fungible token sales in 2025, with total volume reaching just $320 million. The figure represents a sharp decline from October's $629 million and signals continued pressure across the digital collectibles sector.
Data from CryptoSlam reveals that sales volumes have retreated to levels last seen in September, when the market generated $312 million. The downturn has extended into December, with the first week producing only $62 million in sales. This marks the slowest seven-day period of the year.
The NFT market capitalization now sits at $3.1 billion, down from $9.2 billion in January. The 66% drop reflects widespread valuation declines across major collections and broader investor retreat from digital assets.
PUNKS, the largest collection by market cap, fell 12% over the past 30 days. Bored Ape Yacht Club declined 8.5%, while Pudgy Penguins dropped 10.6% during the same period.
Art-focused collections experienced similar pressure. Chromie Squiggle slid 5.6%, Fidenza fell 14.6%, and Moonbirds dropped 17.9%. The Mutant Ape Yacht Club was down 13.4% in the last month.
Hypurr recorded the steepest decline among the top 10 collections, shedding 48% of its value. Only two major collections posted gains during the period.
Infinex Patrons, currently the second-largest NFT collection rose 14.9% over 30 days. Autoglyphs outperformed the entire leaderboard with a 20.9% surge, bucking the broader market trend.
The decline follows a volatile quarter for digital collectibles. Market cap dropped from $6.6 billion in October to $3.5 billion in November, representing a 46% decline in 30 days. A brief recovery pushed valuations to $3.9 billion on Nov. 11 alongside a meme coin rally, but the rebound proved short-lived as selling pressure resumed across the sector.
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