Solana trades around $185 while maintaining key support levels as on-chain metrics show 37% stablecoin inflow growth and 45% NFT marketplace volume increase in Q3. Hong Kong’s approval of a Solana ETF marks the first non-Bitcoin/Ethereum crypto ETF in Asia, potentially influencing future U.S. regulatory decisions.
Switzerland’s gambling regulator Gespa has filed a criminal complaint against FIFA Collect, alleging that its “right-to-buy” NFT ticket vouchers for World Cup matches constitute unlicensed gambling under Swiss law. The case challenges whether blockchain-based ticketing systems that incorporate chance elements cross legal boundaries into regulated gambling activities.
The NFT market experienced a rapid recovery following a dramatic $1.2 billion crash triggered by broader cryptocurrency sell-offs, with market capitalization rebounding from $5 billion to approximately $5.5 billion over the weekend. While blue-chip collections remain under pressure, selective institutional buying and stabilizing broader crypto markets signal potential resilience.
Kellogg’s Perfect Froot Loops has launched an innovative NFT collaboration, demonstrating how major brands are finding new life in digital art through creative partnerships.
The NFT market recorded a dramatic 95.23% weekly trading volume increase to $257.4 million, driven by Ethereum and HyperEVM network activity. Despite the volume surge, total transaction counts declined 8.67% even as buyer and seller participation grew by over 18% and 17% respectively.
An early Hyperliquid user sold an airdropped HYPURR NFT for 1.2 million HL tokens worth $467,000, showcasing the massive potential of DeFi loyalty rewards.
Metaverse-related NFT sales increased by 27% in August 2025, with 13,927 sales recorded despite slightly lower trading volumes compared to July. Top platforms such as Sandbox and Otherside are focusing on long-term infrastructure and innovative tools, signaling renewed interest in virtual worlds.
Ethereum NFT activity plummeted to an all-time low of 1,127 tokens on August 1, 2025, despite a strong July rebound that saw sector trading volume reach $530 million.
Coinbase’s Layer-2 Base blockchain has achieved third place in global NFT trading volume with $47.67 million over 30 days, surpassing Solana and Immutable through a remarkable 70% growth surge.
African artists are embracing NFTs to showcase their cultural heritage and achieve global visibility in the digital art world. While NFTs offer innovative opportunities, artists face legal challenges involving copyright and intellectual property protections in evolving regulatory environments.
