Total market capitalization NFT fell below $1,5 billion, returning to levels last seen before the sector’s rapid growth in 2021.
According to CoinGecko, the correction occurred against the backdrop of a general decline in the cryptocurrency market over the past two weeks, during which its capitalization fell from almost $3,1 trillion on January 23 to $2,2 trillion on February 6.
Reducing the total cost NFT The situation is exacerbated by a growing imbalance between supply and demand. The number of non-fungible tokens continues to grow, even despite declining prices and sales volumes.
According to the CryptoSlam platform, in 2025 the number NFT The number of coins in circulation increased to almost 1,3 million, up 25% from 2024. Total sales of this type of digital asset decreased by 37% compared to last year and amounted to $5,6 billion, and the average selling price fell below $100.
The decline in figures followed a series of closures NFT-platforms. For example, at the beginning of the year, sportswear manufacturer Nike got rid of its digital collectibles studio RTFKT. Owned by the exchange Gemini The Nifty Gateway platform will cease operations on February 23.