The Q1 is coming to an end, and although the neighborhood has not fallen as much to anticipate, in particular with Bitcoin (BTC) which failed to display higher peaks, there was another surprising change on the market.
Sales of non -fassible tokens (NFTS) experienced a sharp drop in the first quarter of 2025, lowering 63% in annual sliding.
NFT sales, based on Bitcoin, also reached a major success, falling to $ 291 million in 2025, marking a drop of 79% compared to $ 1.4 billion in the first quarter of 2024.
On the other hand, Ethereum (ETH) continues to dominate, showing a weekly increase of 22% of the volume of exchanges – completely in contrast to the drop of 47% bitcoin during the same period.
Does this indicate that Bitcoin loses its edge in the NFT space? Could this give Ethereum another advantage?
Ambcrypto analysis on the NFT market indicates that Ethereum has maintained its domination in the total volume of sales over several deadlines.
Despite a monthly retirement of 58%, the volume of sales of Ethereum remained robust at 142 million USD.
On the other hand, Bitcoin, who initially occupied the second position, has now slipped to the 19th row, reflecting an 80% contraction of the volume of sales of NFT.
This significant retrace is aligned with the overall decrease in total NFT sales in all blockchains, which experienced a reduction of 43.17% at the time of writing this article.
This strong contraction marks the worst month for NFT sales, contributing to the quarterly decline of 63%.
Source: Cryptoslam.io
Key land: non -fansable tokens (NFTS), formerly considered as a class of revolutionary digital assets, are now faced with a significant drop in the market.
Research shows that 98% of NFT collections are barely negotiated. In fact, only 0.2% of NFT decrees were profitable. Most NFTs lose more than 50% of their value in a few days.
As Ambcrypto noted, the speculative nature of NFT also has significant investment risks.
Historical parallels can be drawn with collectibles like Beanie babies, which experienced a sharp drop in value after their initial increase in popularity.
In January 2025, NFT of Ethereum sales captured around 50% of the total volume of the market, totaling around $ 338 million.
However, Ethereum experienced a retracement of 23.84% of the sales volume from December 2024 to January 2025.
Ethereum market performance in the first quarter was also mainly hinged, with a 45%draw, currently testing the critical support area of $ 1,831. The price of $ 2,000 has become an important resistance zone.
Source: TradingView (ETH / USDT)
Consequently, even defenders of the agitated crypto have revised their price objectives for Ethereum in 2025, reducing expectations of 60%.
Despite the maintenance of domination in the NFT sector, a 58% monthly contraction in the NFT sales volume has failed to absorb the liquidity of the sale – a key market engine in the previous increased phases.
If this trend persists, the lowering feeling in force around Ethereum can intensify. This could undermine its relative strength on Bitcoin, decreasing its competitive edge.
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