Ethereum continues to lead the NFT market, maintaining a 62% share of weekly sales, totaling $33.7 million in December 2025. Despite rising competition, Ethereum's dominance is bolstered by high-value collections such as CryptoPunks and Bored Ape Yacht Club. BNB Chain, Mythos Chain, and Solana follow with $6.4 million, $4.9 million, and $4.4 million in sales, respectively.
The overall NFT market experienced a decline, dropping to $320 million in November from $629 million in October. Ethereum's price remains stable as it faces increasing competition from more cost-effective platforms.
Ethereum Dominates NFT Market with 62% Share Despite Competition
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
