Liquidity on diversified financing (DEFI) applications hit a record $270 billion in July, driven in part by marking stock growth.
Dappradar’s data show Total value lock-in (TVL) in the DEFI protocol jumped 30% per month, while active wallets for token stocks rose from about 1,600 to over 90,000, increasing their market cap by 220%.
Meanwhile, NFT trading volume rose 96% this month to $530 million. As more and more users participate in the market, the average NFT price has also doubled to around $105.
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NFT active edges are better than Defi
While Defi liquidity climbs, users’ attention shifts elsewhere. In July, about 3.5 million of the 22 million active wallets interacted with NFT DAPP – slightly higher than the active Defi.
Ethereum-based marketplace Blur drives most of the activity, capturing 80% of daily NFT volume, while Opensea brings active users to the highest level with around 27,000 traders. Zora also gained momentum with its creator-first Tier 2 and $Zora tokens for low-cost minting.
https://www.youtube.com/watch?v=hpnl-1zrqxk
Major brands continue to try NFT. Nike.Swoosh collaborates with EA Sports for virtual sneaker drips, Louis Vuitton, Rolex and Coca-Cola (China) launch an authenticated and collectible pilot.
NFT trading volume also increased to $530 million in July 36%, up from $389 million in June, although it still rose to $997 million from January’s 2025 high.
According to Cointelegraph, people and NFT collection Like crypto stamps. Data on NFT floor prices show that Ethereum-based collections have grown more than 25% in the past month.
In the past 24 hours, 9 of the top 10 NFT sales are Cryptocurrency: The only non-punk sale is the NFT of Web3 artist Beeble.
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The NFT market is far from its boom in 2021
Despite the July rebound, NFTs are still incredible compared to past peaks. Dappradar’s 2024 industry Overview This shows that NFT transaction volume has fallen by 19%, and sales have fallen by 18%, making 2024 one of the weakest years since 2020.
H1 2025’s CryptoSlam data further highlights the slow recovery: Total NFT sales amounted to US$2.82 billiondown 4.6% from the second half of 2024.
While July saw a significant revival, with volume and floor prices rising, the market is still well below its 2021 high Billions.
Web3 gamers: $69 million milestone for gun tokens, chunky penguins go haha