NFT Sales Plunge In February, Down +40% From January 2025

The global non-fungible token market has plunged again in February after recording a negative growth in January. In February 2025, the non-fungible token market amassed a trading sales volume of $532 million, down 42% from January 2024. In this article, we shall explore the full state of the NFT market in February, as well as what collectors and traders should expect in the market in March and beyond.

NFT Sales Fall +40% In February 2025

Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market plummeted in trading sales volume again in February. In the past 30 days, the global non-fungible token market has recorded a trading sales volume of $532 million, down 42% from the past month. In January 2025, the NFT market raised a sales volume of $678 million, down 24% from the previous month.

Ethereum, the blockchain network renowned in the NFT market for hosting the majority of blue-chip non-fungible token collections, was the most traded blockchain network in the NFT market in February. In the past 30 days, the Ethereum-based NFTs have recorded a trading sales volume of over $235 million. During this period, the Ethereum NFT trading sales volume has plunged by 42% from the previous month.

Bitcoin, the blockchain network renowned in the NFT market for powering the popular Runes, BRC-20, and Ordinal collections, was the second most-traded blockchain network in the NFT market in February. In the past 30 days, the Bitcoin-based NFT collection has recorded a trading sales volume of $105 million. During this time, the Bitcoin NFT sales volume has plunged by 24% from the past month.

Solana, a decentralized blockchain network renowned for hosting a variety of smart contracts for non-fungible token collections, was the third most-traded blockchain network in the NFT market in February. In the past 30 days, the Solana-based NFT collections have recorded a trading sales volume of $49 million. During this time, the Solana NFT trading sales volume has fallen by 45% from the previous month.

Polygon, an Ethereum scaling solution blockchain network, was the fourth most-traded network in the NFT market in February. In the 30 days, the Polygon-based NFT collection has recorded a trading sales volume of $41 million. During this period, the Polygon-based NFT trading sales volume has plunged 54% from the past month. Mythos Chain was the fifth most-traded NFT blockchain, amassing a trading sales volume of $41 million, down 14% from the past month.

Top Selling NFTs In February 2025

1.DMarket NFT Collection

DMarket, a non-fungible token collection that represents in-game virtual items of popular online games like Counter-Strike, Rust, and Dota 2, has been the most-selling NFT collection in the NFT market in February. In the past 30 days, the DMarket NFT collection has raised a trading sales volume of $40 million. During this time, the DMarket NFT trading sales volume surged 24.94% from the past month.

2. Courtyard NFT Collection

Courtyard, a non-fungible token collection featuring a limited set of 87,777 digital items stored on the Polygon blockchain network, has been the second most-traded NFT collection in February. In the past 30 days, the Courtyard NFT collection has amassed a trading sales volume of $36 million. During this time, the Courtyard NFT trading sales volume soared 136% from the past month.

3. Pudgy Penguins NFT Collection

Pudgy Penguins, a globally acknowledged non-fungible token collection from the digital asset firm Igloo Inc. featuring a fixed supply of 8,888 cute penguin cartoons hosted on the Ethereum blockchain network, was the second most-selling NFT collection in the NFT market in February. In the past 30 days, the Pudgy Penguins NFT collection has recorded a trading sales volume of $23 million. During this period, the Pudgy Penguins NFT trading sales volume plunged 45% from the past month.

4. Doodles NFT Collection

Doodles, a non-fungible token collection from the digital artist Burnt Toast that features a fixed set of 10,000 cartoons NFTs hosted on the Ethereum blockchain network, was the fourth most-selling NFT collection in the NFT market in February. In the past 30 days, the Doodles NFT collection has recorded a trading sales volume of $21. The Doodles NFT trading sales volume surged 104% from the previous month.

5. Ordinal Maxi Biz NFT Collection

Ordinal Maxi Biz, a non-fungible token collection featuring a limited set of 5,141 Profile Picture (PFP) images created on the Bitcoin blockchain, was the fifth most-selling NFT collection in the global NFT market in February. In the past 30 days, the Ordinal Maxi Biz NFT collection has amassed a trading sales volume of $17 million. During this time, the Ordinal Maxi Biz ‘OMB’ NFT trading sales volume surged 97% from the previous month.

6. Azuki NFT collection

Azuki, another globally acknowledged non-fungible token collection from the digital asset firm Chiru Labs featuring a limited set of 10,000 NFTs hosted on the Ethereum blockchain network, was the sixth most-traded NFT collection in the NFT market in February. In the past 30 days, the Azuki NFT collection has raised a trading sales volume of $17 million. The Azuki NFT trading sales volume plunged 68% from the previous month.

7. ?? BRC-20 NFT Collection

$??, a renowned non-fungible token collection created on the Bitcoin blockchain network using the BRC-20 protocol, was the seventh most-selling non-fungible token collection in the global NFT market in February. In the past 30 days, the $?? BRC-20 NFT collection has recorded a trading sales volume of $15 million. During this period, the $?? BRC-20 NFT sales volume plunged by 39% from the past month.

8.Fx-wsteth-position NFT Collection

Fx-wsteth-position, a non-fungible token series created on Ethereum, the blockchain network renowned in the NFT market for hosting majority of blue-chip NFT collections, was the eighth most-selling NFT collection in the NFT market in February. In the past 30 days, the Fx-wsteth-position NFT collection has amassed a trading sales volume of $15 million. During this period, the Fx-wsteth-position NFT trading sales volume surged 365% from the previous month.

9. Milady Maker NFT Collection

Milady Maker, a renowned non-fungible token collection from the digital asset incubation studio Remilia featuring a fixed set of 10,000 NFTs hosted on the Ethereum blockchain network, was the ninth most-traded NFT collection in February. In the past 30 days, the Milady Maker NFT collection has raised a trading sales volume of $14 million. During this time, the Milady Maker NFT sales volume plunged 7% from the previous month.

10. Guilds Of Guardians Heroes NFT Collection

Guild of Guardians Heroes, a renowned non-fungible token collection from Guild of Guardians, a multiplayer, action, mobile fantasy role-playing-game that allows players to role-play as heroes and go through dungeons to gather resources, was the tenth most-selling NFT collection in Feb. In the past 30 days, the Guild of Guardians Heroes NFT collection has recorded a sales volume of $13 million. During this time, the Guild of Guardians Heroes NFT sales volume plunged 36% from the previous month.

The NFT Market Prediction For March 2025

Despite the non-fungible token market recording negative growth in January and February, industry analysts predict that the global non-fungible token market will rise again and possibly retest a bull run before the end of this year. The NFT market resurgence might start this new month of March, with gaming, real estate, new investments and digital products, such as the most anticipated Donald Trump’s upcoming NFT marketplace, predicted to fuel growth.

On Monday, Trump Org filed a new trademark for:

"TRUMP"

The filing states the company intends to offer:

– A TRUMP-branded metaverse.

– A platform for trading NFTs and cryptocurrencies so long as they are "authorized by the 45th and 47th President of the US." #Trump pic.twitter.com/QixAygknjx

— Josh Gerben (@JoshGerben) February 28, 2025