NFT transactions skyrocketed to record highs this year as the sector sees strong engagement from existing traders.
The non-fungible token (NFT) market is witnessing a strong rebound in activity this year, as sales volume has reached levels unseen since 2022, according to a new report from DappRadar.
While overall trading volumes remain relatively subdued due to lower average prices, the number of transactions has surged sharply throughout 2025.
From Slump to Surge
In the first quarter, 7 million NFT sales were recorded, rising to 12.5 million in the second quarter. The momentum accelerated further in Q3, with over 18.1 million NFTs sold, representing a 45% jump from the previous quarter, and generating $1.6 billion in trading volume.
Despite this surge in transaction counts, DappRadar stated that actual user adoption remains modest. The number of unique wallets…
