NFT minting continued to accelerate in 2025 even as buyer spending declined, pushing the market deeper into a high-volume, low-price dynamic. The global non-fungible token (NFT) market expanded sharply in total supply this year, while sales volumes and average prices fell significantly from 2024 levels, according to data from CryptoSlam. Total NFT supply climbed to more than 1. 34 billion tokens in circulation in 2025, up roughly 25% year-on-year from around one billion in 2024
source: https://www.binance.com/en/square/post/34452432815554?utm_source=BinanceNewsRSS