DeFI News by Thebittimes.Com

The non-fungible token market continues rising in trading sales volume in August after recording some positive gains in July 2025. The NFT sales are rising due to a combination of factors, including increased interest in digital art and gaming, a surge in the cryptocurrency market price, and the growing adoption of NFTs by major brands and platforms. The NFT rise is also driven by the increasing familiarity and trust in digital assets, especially in countries where the NFT market is booming. NFT Sales Surge +20% In The Past 7 Days Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, indicates that the global non-fungible token market has risen in trading sales volume this first week of August. In the past seven days, the global non-fungible token market has recorded a trading sales volume of $165 million, up 20% from the past week. The ongoing NFT market upsurge highlights the growing institutional interes...

The non-fungible token market has plunged slightly this past week, with the trading sales volume falling below the $120 million level. The global NFT market has been rallying in the past several weeks, with trading sales volume finally breaking back above the $140 million level. In this article, we have listed some of the top-selling NFT collections in the NFT market in the past seven days. 1. Courtyard NFT Collection Courtyard, a non-fungible token series from Courtyard, a renowned trading platform built on the Polygon network that specializes in the tokenization of real-world physical collectibles, has been the most selling NFT collection in the NFT market this week. The Courtyard transforms physical trading cards such as Pokémon Cards into NFTs, allowing them to be traded as NFTs on the blockchain. In the past seven days, the Courtyard NFT collection has amassed a trading sales volume of $4.93 million, up 16.89% from the past week. Source: tiexo.com, Top-selling NFT co...

VK, one of the largest social media platforms in the Russian Republic, has announced plans to shut down its non-fungible token marketplace. The social media company will close its non-fungible token market next week, April 15, 2025. VK will join other notable companies, like X2Y2, Kraken, and Bybit Crypto Exchange, which have also shut down their NFT markets. VK Shuts Down Its NFT Marketplace In an April 7 site publication, the Kremlin-backed social media network VK confirmed plans to close its NFT platform, VK NFT Hub, this month. The social media company VK will end its service delivery for non-fungible tokens on April 15, 2025. The social media company has advised its users to transfer their non-fungible token collections to external crypto wallets before the deadline. 📢 VK will shut down its NFT Hub on April 15 following a $1.1B net loss in 2024, as the broader digital collectible space contracts. Users are advised to transfer assets.#NFT #Web3https://t.co/fNdCu5aSt...