Defi token sleeps with stock, but user activity turns into NFTs

Locked liquidity

The total value lock (TVL) in the defi protocol in the Defi protocol suggests that 30% jumps in a month, which is more than 1,600 90,000 active wallet for token stock, which leads their market cap to 220%.

Meanwhile, NFT trading volume rose 96% to $ 530 million during the month. The average NFT value also explained approximately $ 105 as more users were associated with the market.

Connected: Openea is spread to mobile with Rali Deal, eyes ‘everything app’

NFT activity ahead of edges

While Defi liquidity climbed, the presence of the user moved elsewhere. In July, approximately 3.85 million out of 22 million daily active wallets interacted with NFT DAPS – slightly higher than being active in DEFI.

Ethereum-based marketplace Blu is the most part of the Blu activity, which captures up to 80% of the daily NFT volume, while Opencea has topped the users active in about 27,000 traders. Zora also gained speed for low-cost mint with its manufacturer-first layer 2 and $ Zora tokens.

Major brands continued experimentation with NFT. NIKE.SWOOHH participated with EA sports for virtual sneaker drops, and Louis Wuiton, Rolex and Coca-Cola (China) launched authentication and collectable pilots.

The NFT trading volume also increased by about 36% to $ 530 million in July, above $ 389 million in June, it is still below its 2025 high of $ 997 million in January.

Source: DAP radar

As a report by Cointelegraph, the Rue to be resurrected in the OG NFT collection such as cryptopank. Data from the price of NFT floor shows that the Ethereum-based collection is more than 25% of the previous month.

Duining the last 24 Little, the top 10 NFT sales were cryptopank: the alone non-pank sales web became an NFT from the artist Babbele.

Connected: Memcoin $ 79b Rali means Capital is better now: execute

NFT market is still away from its 2021 boom

Despite the July rebound, NFTs are still decreasing compared to previous peaks. DAPPRADAR’s 2024 industry observation suggests that NFT trading volume fell in 19% year, and Salis’s count declined by 18%, leading to 2024 of the weakest years since 2020.

The cryptoslam data for H1 2025 underlines the slow recovery: NFT sales total $ 2.82 billion, below the second half of 2024 below 4.6%.

While there was a remarkable revival in July, the market was still below its 2021 high levels, when the trading volumes moved into tens of billions.

Web 3 Gamer: $ 69 mile stone of gun token, Pudi Penguin goes to Lol Land

Related posts

Trump’s executive order is in store for crypto here

Ethereum breaks $ 4,000: Altcoin season is coming? – Bits

Head and Shoulders Formation predicts Solana Price Breakout for $ 219