NFT Market Hits Year's Low as Sales Plummet 49% in November

Source: CryptoNewsNet Original Title: NFT Market Faces Steepest Decline as Sales Plummet to Year’s Low Original Link:

Market Overview

The non-fungible token industry has recorded its worst performance in 2025 as trading volumes declined across major collections. According to CryptoSlam analytics, monthly sales in November dropped to only $320 million, representing a dramatic 49% decrease from October’s $629 million. The cumulative market value of the sector has contracted to $3.1 billion, marking a 66% decline from the January peak of $9.2 billion.

The first week of December brought only $62 million worth of sales, the slowest weekly performance of the year, indicating that weakness is likely to continue. Industry insiders report that momentum has stalled with very few signs of near-term recovery.

Blue-Chip Collections Experience Widespread Losses

Most top NFT collections have seen their values significantly eroded throughout November. CryptoPunks, the collection with the highest market value, declined 12% during the month. Bored Ape Yacht Club dropped 8.5%, while Pudgy Penguins decreased 10.6%.

Art-centric collections faced particular pressure: Fidenza lost 14.6%, Moonbirds declined 17.9%, Mutant Ape Yacht Club fell 13.4%, and Chromie Squiggle dropped 5.6%. The most significant decline came from Hypurr, which plummeted 48% to become November’s worst-performing collection.

Limited Bright Spots

Only two collections managed positive returns in this challenging market. Infinex Patrons, the second-ranked collection by total market cap, gained 14.9%, while Autoglyphs emerged as the standout performer with a 20.9% increase—a remarkable achievement in a difficult environment.

The extended decline raises concerns about short-term sector prospects as 2025 concludes, with decreasing investor interest and engagement.