Mark Twain Reacts: NFT Sales Jump in July but Folks Still Ain’t Getting Rich

Well now, seems the great and terrible world of Non-fungible tokens (NFTs) done gone and picked itself up by the bootstraps in July—sales whoopin’ up by 50.14% over June’s sorry figures. Of course, before you mortgage the farm, keep in mind this July 2025 “miracle” is still a good 35.02% below the heights we saw at the end of 2024. In other words, it’s a bit like watching a turtle race a sloth: neither’s winning prizes soon. 🐢💸

From Bust to Bump: NFT Market Sees 50% Lift, but Is It Too Little, Too Late?

July’s numbers—brought to you by the sharp-eyed bean counters at cryptoslam.io—show Ethereum struttin’ its stuff at the front of the parade with $296.5 million in NFT sales. That’s a jump of 69.63% compared to the prior period, which for crypto fans feels like finding a nickel you’d already spent. Leading the charge were NFT collections Cryptopunks (bringing in $62.7 million, up a comically wild 491.79%) and those slippery little Pudgy Penguins, sliding their way up 369.58% to $26.2 million in sales. Even my Aunt Polly would’ve been tempted to buy a digital penguin at those rates. 🐧

Bitcoin NFTs trotted in at second place, bagging $77.4 million in digital trinkets—a 45.79% rise, which is almost enough to buy happiness, but not quite. The BRC-20 NFTs pitched in $18.9 million—up a sizzling 68.54%, though still not enough to pay off Tom Sawyer’s fence-painting debts. Polygon snatched third with $62.1 million—though that’s mostly down to Courtyard NFTs clinging to $53.5 million, even as the collection itself slipped by 25.62%. Polygon’s overall volume, bless its blockchain heart, slid downhill by nearly 60%. Someone hand those folks a life raft. 🚣‍♂️

The Mythos and BNB Chain crew both hit the basement with activity plunging 55.05% and 54.33%—ouch, that’ll leave a mark. Meanwhile, Solana managed a modest 8.63% uptick, which in NFT land is like finding a penny at the bottom of your whiskey glass. Cardano and Flow chugged along with mid-level gains (52.94% and 55.45%, just under $7 million each), which might buy you a cup of river water if you’re lucky. Immutable and Avalanche finished off the month with double-digit swoons—turns out blockchain’s not immune to summer lethargy. 🏖️

The NFT circus has been limping along since its 2021–2022 glory days, when speculators hurled cash like a steamboat racing downstream. Back then, these digital baubles soared past $6 billion a month—now that’s what I call a Mississippi-sized flow of foolishness. But soon as the party hats came off and the hangover set in, sales tottered under $1 billion by mid-2022. Since then, there’ve been a few hopeful bumps, but none high enough to reach the bottom of the cloud of wild optimism floating over those early days. 🎈

All that to say: the NFT market’s volume is still like an old mule—stubborn and refusing to climb the hill, no matter how you prod it. Even July’s 50.14% leap from June’s $389.634 million to $585.122 million is, by historical standards, about as exciting as watching grass grow during a drought. Compare it to December 2024’s $900.540 million—well, you’d have better luck catching frogs with your bare hands. 🐸

2025-08-03 18:57

From Bust to Bump: NFT Market Sees 50% Lift, but Is It Too Little, Too Late?

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