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NFT Market Cap Surges to $4.8 Billion Milestone

Solomon M. by Solomon M.
May 16, 2025
in Latest News
Key Points:
  • The NFT market reaches $4.8 billion, first since 2025.
  • Ethereum-based collections drive activity.
  • No official new statements from leadership, despite recent market movement.
nft-market-cap-surges-to-4-8-billion-milestone
NFT Market Cap Surges to $4.8 Billion Milestone

The NFT market cap has reached $4.8 billion, marking a notable event as it surpasses the $4.6 billion mark for the first time since February 2025, according to CoinGecko data.

The rise above $4.6 billion marks a significant moment for NFTs, hinting at sustained market interest. Community reaction is positive, with Ethereum-based collections leading the surge.

CoinGecko confirmed the NFT market cap at $4.8 billion, driven by increased trading activity. CoinGecko, Leading Crypto Analytics Platform – “The NFT market cap has decisively broken through and held above $4.6B for the first time since February 2025, reaching $4.8B according to official live tracking by CoinGecko.”

While trading volume skyrockets, with sales hitting $6.34 million, there’s no new institutional investment. Ethereum remains crucial, supporting top NFT activities and valuations.

The market impact indicates growing interest, yet no official comments from leading industry figures have been recorded. Trading volumes increased, notably featuring major NFT collections but without institutional capital shifts. Potential outcomes include sustained trading volume, possible speculation increases, and further attention towards Ethereum collections. Historical trends show previous surges rarely affect DeFi TVL decisively.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Saudi Central Bank Invests Indirectly in Bitcoin via MicroStrategy

Solomon M.

Solomon M.

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