1. NFT Market Overview

The global NFT market currently has a total market capitalization of approximately $7.24 billion, marking a 3.4% increase over the past 24 hours. Trading volume has also risen accordingly, signaling increased market activity.

2. Current NFT Price Landscape

The latest data indicates that the total NFT market capitalization is about $5.89 billion, with a 24-hour trading volume of roughly $7.88 million—up 17.5% from previous levels. This increase reflects higher trading frequency and greater short-term price volatility.

3. Performance of Key NFT Projects

Amid the 2025 market recovery, Pudgy Penguins has emerged as a market highlight, with its market capitalization surpassing $491 million as of August. With a strong community foundation and increased market enthusiasm, many consider this project to have sustained growth potential.

4. How Newcomers Can Start Tracking NFT Price Movements

• Leverage price-tracking tools: Instantly check the floor prices and market capitalizations of various projects to quickly assess broader trends.
• Monitor macro indicators: Watch metrics like overall market capitalization and trading volume to better understand market momentum.
• Track leading projects: Monitor NFTs with high community engagement and high on-chain activity for deeper insights.

5. Summary and Next Steps

In 2025, the NFT market is entering a period of resurgence in market activity, with both market capitalization and trading volume showing strong upward trends. For newcomers, starting by analyzing key data and tracking popular projects can help newcomers enter the market faster, build experience gradually, and identify optimal investment and collection strategies.