The liquidity locked on applications of decentralized finance (Defi) reached $ 270 billion in July, partially powered by token stock growth.
DAPPRADAR data Show The total value lock (TVL) in the DEFI protocol jumped in 30% month-forehead, while the wallets active for shares with token increased to more than 1,600 to 90,000, increasing their market cap by 220%.
Meanwhile, NFT trading volume rose 96% to $ 530 million during the month. The average NFT price also doubled by about $ 105 as more users were connected with the market.
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NFT activity ahead of edges
While Defi liquidity climbed, the user’s attention moved elsewhere. In July, approximately 3.85 million out of 22 million daily active wallets interacted with NFT daps – slightly more active in DEFI.
Ethereum-based marketplace Blur removed most of the activity, which captures up to 80% of the daily NFT volume, while Opensea has topped the openers active in about 27,000 traders. Zora also gained speed for low-cost mint with its manufacturer-first layer 2 and $ Zora tokens.
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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 rose nearly 36% to $ 530 million in July, above $ 389 million in June, although it is below its 2025 high of $ 997 million in January.
As mentioned by cointelegraph, there is a revival in interest in Cryptopank such as OG NFT collection. Data from the price of NFT floor suggests that the atherium-based collection is more than 25% in the last month.
During the last 24 hours, the top 10 NFTs were nine of the sales. Cryptopank: Loan is an NFT from Non-Pank Sales Web 3 artist Bibel.
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NFT market is still away from its 2021 boom
Despite the July rebound, NFTs are still decreasing compared to previous peaks. DAPPRADAR’s 2024 Industries Overview The NFT trading volume fell in 19% year, and sales calculation declined by 18%, leading to one of the weakest years since 2024 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, with the increase in trading volume and floor prices, the market was still below its 2021 high levels, when the trading volume ran into tens. Arabs,
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