The NFT market has experienced a significant downturn in 2025, with its market capitalization dropping by 72% from its January peak of $9.2 billion to $2.5 billion in December, according to CoinGecko data. Weekly NFT sales in December failed to surpass $70 million, reflecting a notable decline in market activity. The number of unique buyers and sellers also decreased, with buyers falling to 135,120 by mid-December and sellers dropping below 100,000 for the first time. Blue-chip NFT projects like CryptoPunks and Bored Ape Yacht Club saw floor prices decline by 12%-28% over the past month. In contrast, art-related NFTs such as Autoglyphs and Fidenza showed resilience with slight price increases. Notably, Sports Rollbots emerged as a top ten NFT project by market capitalization, with a floor price of $5,800 and a valuation exceeding $58 million, surpassing Mutant Ape Yacht Club.