Data: The supply of NFTs will increase to approximately 1.34 billion in 2025, with annual sales declining by 37%

According to Cointelegraph, the NFT market in 2025 is experiencing a surge in supply but a significant decline in sales. This year, the total supply of NFTs has increased to over 1.34 billion, a 25% rise from 1 billion in 2024, and approximately 34 times higher than the 38 million in 2021.

Meanwhile, NFT sales in 2025 are estimated to be around $5.63 billion, a decrease of about 37% from last year's $8.9 billion; the average price has also dropped from $124 to $96, far below the average levels of over $400 in 2021 and 2022. Additionally, the total market capitalization of NFTs has drastically shrunk from about $9.2 billion in January 2025 to only about $2.4 billion by the end of the year.