{"id":422936,"date":"2026-03-26T12:16:12","date_gmt":"2026-03-26T06:46:12","guid":{"rendered":"https:\/\/dripp.zone\/news\/nft-market-rebounds-in-july-surpassing-defi-in-user-activity-crypto-news\/"},"modified":"2026-03-26T13:23:22","modified_gmt":"2026-03-26T07:53:22","slug":"nft-market-rebounds-in-july-surpassing-defi-in-user-activity-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/nft-market-rebounds-in-july-surpassing-defi-in-user-activity-crypto-news\/","title":{"rendered":"NFT market rebounds in July, surpassing DeFi in user activity &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The NFT market saw a remarkable resurgence in July, outpacing DeFi in terms of user activity, according to an Aug. 7 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/dappradar\/\">DappRadar<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/dappradar.com\/blog\/defi-tvl-breaks-270b-ath-but-nfts-lead-in-users\/#chapter-5\">report<\/a>.<\/p>\n<p>The shift marks a significant milestone and could indicate that <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/nft-revival-to-send-ethereum-price-above-all-time-high-of-4900-animoca\/\">NFTs are once again capturing the public&#8217;s attention<\/a> following significant lull that has lasted since their fall in the 2022 bear market.<\/p>\n<figure id=\"attachment_493017\" aria-describedby=\"caption-attachment-493017\" style=\"width: 823px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-493017\" class=\"wp-caption-text\">NFT Flips DeFi User Activity (Source: DappRadar)<\/figcaption><\/figure>\n<h2><strong>NFTs volume surge in July<\/strong><\/h2>\n<p>DappRadar data showed that NFT trading volume surged by 96%, reaching $530 million in July. However, the total number of transactions fell by 4%, with only 5 million NFTs changing hands during the month.<\/p>\n<p>The trend reveals a clear shift in buyer behavior, with fewer NFTs changing hands but selling for significantly higher prices. In fact, the average NFT sale price more than doubled, rising from $52 in June to $105 in July.<\/p>\n<p>Platforms catering to power users and creators saw the most growth during the period. Blur accounted for as much as 80% of Ethereum-based NFT trading volume, driven by professional traders and its Blend lending feature.<\/p>\n<figure id=\"attachment_493016\" aria-describedby=\"caption-attachment-493016\" style=\"width: 916px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-493016\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193511.jpg\" alt=\"NFT Trading Volume And Sales Count \" width=\"916\" height=\"604\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193511.jpg 916w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193511-300x198.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193511-768x506.jpg 768w\" sizes=\"auto, (max-width: 916px) 100vw, 916px\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload size-full wp-image-493016\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193511.jpg\" alt=\"NFT Trading Volume And Sales Count \" width=\"916\" height=\"604\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193511.jpg 916w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193511-300x198.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193511-768x506.jpg 768w\" data-sizes=\"(max-width: 916px) 100vw, 916px\"\/><figcaption id=\"caption-attachment-493016\" class=\"wp-caption-text\">NFT Trading Volume And Sales Count in 2025 (Source: DappRadar)<\/figcaption><\/figure>\n<p>Meanwhile, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/opensea\/\">OpenSea<\/a>, the largest NFT marketplace, remained the most active in daily user count, with approximately 27,000 traders, thanks to its long-tail listings and multichain support.<\/p>\n<p>Meanwhile, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/zora\/\">Zora<\/a>, a platform built for creators on the Coinbase-backed Base network, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/base-surpasses-solana-in-daily-token-creation-powered-by-zoras-content-coins\/\">gained momentum<\/a> with its Layer 2 solution and native ZORA token, which reduced NFT minting costs.<\/p>\n<p>DappRadar concluded that these numbers show the significant evolution within the NFT landscape from the early market hype to the increasing utility of these digital assets.<\/p>\n<p>According to the blockchain firm, the space is no longer limited to art and digital collectibles. Instead, it has expanded into practical use cases such as digital identity, event ticketing, gaming, and real-world asset tokenization.<\/p>\n<h2>DeFi grows too<\/h2>\n<p>While NFTs made waves in July, DeFi also continued to experience impressive growth.\u00a0DappRadar reported that the total value of assets locked (TVL) in DeFi surged by over 30%, reaching $259 billion by the end of the month.<\/p>\n<div id=\"cs-inline-newsletter-69c4acf51209f\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\">CryptoSlate Daily Brief<\/span><\/p>\n<h3 class=\"cs-inline-newsletter__title\">Daily signals, zero noise.<\/h3>\n<p class=\"cs-inline-newsletter__copy\">Market-moving headlines and context delivered every morning in one tight read.<\/p>\n<p> <span><i class=\"fa-regular fa-bolt\" aria-hidden=\"true\"\/> 5-minute digest<\/span> <span><i class=\"fa-regular fa-star\" aria-hidden=\"true\"\/> 100k+ readers<\/span><\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p class=\"cs-inline-newsletter__privacy\">Free. No spam. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span>You\u2019re subscribed. Welcome aboard.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>Notably, the sector reached a new all-time high of $270 billion on July 28, driven by growing user demand and fresh liquidity injection across lending, trading, and tokenized assets.<\/p>\n<p>Meanwhile, a standout trend in DeFi came from <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/bitget-latest-cex-to-expand-into-tokenized-equity-trading-via-xstocks-integration\/\">tokenized stocks<\/a>, with wallet interactions increasing from approximately 1,600 to over 90,000. This surge contributed to a 220% increase in the market cap of tokenized stocks, signaling that real-world assets (RWAs) are gaining substantial traction.<\/p>\n<figure id=\"attachment_493015\" aria-describedby=\"caption-attachment-493015\" style=\"width: 817px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-493015\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193543.jpg\" alt=\"Tope DeFi Protocols\" width=\"817\" height=\"630\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193543.jpg 817w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193543-300x231.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193543-768x592.jpg 768w\" sizes=\"auto, (max-width: 817px) 100vw, 817px\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload size-full wp-image-493015\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193543.jpg\" alt=\"Tope DeFi Protocols\" width=\"817\" height=\"630\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193543.jpg 817w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193543-300x231.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-07-193543-768x592.jpg 768w\" data-sizes=\"(max-width: 817px) 100vw, 817px\"\/><figcaption id=\"caption-attachment-493015\" class=\"wp-caption-text\">Top DeFi Blockchain Networks by TVL (Source: DappRadar)<\/figcaption><\/figure>\n<p>Across assets, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">Ethereum<\/a> continued to lead DeFi, commanding $166 billion in TVL, far surpassing <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/solana\/\">Solana&#8217;s<\/a> $23 billion.<\/p>\n<p>ETH&#8217;s significant rise can be attributed to a nearly 60% price surge in July, likely driven by positive regulatory developments, alongside staking rewards reaching 29.4% APY.<\/p>\n<p>On Solana, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/hyperliquid\/\">Hyperliquid<\/a> emerged as a key player, accounting for 35% of blockchain revenue in July. The platform saw rising demand for derivatives and now processes over 60% of 24-hour perpetual trading volume, with $15.3 billion in open interest and $5.1 billion in USDC bridging.<\/p>\n<div class=\"post-bottom\">\n<div class=\"post-mentions-and-posted-in\">\n<div class=\"post-info-block post-mentions\">\n<header><span class=\"post-info__label\">Mentioned in this article<\/span><\/header>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The NFT market saw a remarkable resurgence in July, outpacing DeFi in terms of user activity, according to an Aug. 7 DappRadar report. The shift marks a significant milestone and could indicate that NFTs are once again capturing the public&#8217;s attention following significant lull that has lasted since their fall in the 2022 bear market. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":422942,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-422936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=422936"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422936\/revisions"}],"predecessor-version":[{"id":422943,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422936\/revisions\/422943"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/422942"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=422936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=422936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=422936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}