Ethereum NFTs See 50% Sales Decline in June Amid Market Volatility
Ethereum-based non-fungible tokens (NFTs) experienced a notable decline in June, with floor prices and trading volumes decreasing significantly. Over the past 30 days, Ethereum NFTs generated a trading sales volume of $107 million, marking a 50% decrease from May 2025. This downturn has affected various NFT collections, leading to both gains and losses in floor prices.
Among the top blue-chip NFT gainers in June were Moonbirds Mythics, Proof Collective, Moonbirds Oddities, and Moonbirds. Moonbirds Mythics, an expansion of the Moonbirds NFT project, saw its floor price surge by 178% over the past month. Proof Collective, launched in May 2022, experienced a 59% increase in its floor price, reaching 0.40 ETH. Moonbirds Oddities, featuring a limited set of 10,000 unique NFTs, saw its floor price rise to 0.09 ETH, up 56% from the previous month. The original Moonbirds collection also gained, with its floor price climbing to 0.72 ETH, a 51% increase from the past month. This resurgence in market activity for Moonbirds NFT collections followed the sale of their intellectual property (IP) to Orange Cap Games, a move praised for ensuring holders retain the rights to their NFTs’ images.
On the other hand, several blue-chip NFT collections experienced significant losses in June. CryptoPunks, a series featuring a fixed set of 10,000 pixelated NFTs, saw its floor price drop to 38 ETH, a 14% decrease from the previous month. Bored Ape Yacht Club, another popular NFT collection, experienced an 18.67% decline in its floor price, falling to 10.68 ETH. Mutant Ape Yacht Club, featuring a limited set of 20,000 mutant apes, saw its floor price drop to 1.74 ETH, down 18% from the past month. Milady Maker, known for its generative profile picture NFTs, experienced a 24% decrease in its floor price, falling to 2.06 ETH. Additionally, Azuki, a collection of 10,000 unique, anime-style avatar NFTs, saw its floor price drop to 1.92 ETH, a 14% decrease from the previous month.
This analysis highlights the volatility and dynamic nature of the NFT market, where collections can experience significant gains or losses within short periods. The decline in Ethereum NFT sales in June underscores the need for investors to stay informed about market trends and the performance of individual NFT collections. The resurgence of Moonbirds NFT collections following the sale of their IP to Orange Cap Games demonstrates the potential impact of strategic partnerships and IP rights on the value of NFTs. As the NFT market continues to evolve, investors and collectors will need to adapt to changing conditions and make informed decisions based on the latest data and trends.
