December 2025 saw Ethereum lead NFT sales, followed by BNB and Solana, as total market volume fell nearly 50% from October.
Ethereum continues to dominate the NFT market in December 2025, maintaining a majority share of overall transaction volume. Despite a broad decline in the NFT sector, Ethereum’s infrastructure and established collections have helped it remain the most-used blockchain for NFTs.
However, competition from other networks is increasing, with platforms like BNB Chain, Mythos, and Solana gaining ground in both sales and user engagement.
Ethereum Retains Leading NFT Market Share
Ethereum maintained a 62% share of total NFT transactions in December, generating approximately $33.7 million in weekly sales. This positions Ethereum far ahead of its closest competitors and confirms its continued dominance in high-value NFT activity.
High-profile collections such as Bored Ape Yacht Club and CryptoPunks remain active on Ethereum, contributing to steady trading volumes.
The network’s mature infrastructure, broad support across marketplaces, and strong user base continue to attract both creators and collectors, despite ongoing competition and higher transaction fees.
Ethereum’s early advantage and reputation as the default platform for NFTs have played a key role in preserving its leadership. While newer platforms offer faster speeds and lower costs, Ethereum still holds user trust, especially for high-value assets.
Emerging Blockchains Expand Market Share
Several blockchains are showing notable growth in December’s rankings. BNB Chain generated approximately $6.4 million in weekly NFT sales, supported by Binance’s ecosystem and cost-efficient operations.
Mythos Chain secured around $4.9 million in weekly volume, primarily from gaming and entertainment-related NFTs.
Solana also remains a strong player, recording about $4.4 million in weekly sales. Its low fees and rapid transaction times continue to appeal to NFT traders, particularly in gaming-focused segments.
Additional networks such as Immutable, Base, Arbitrum, Polygon, Flow, and Avalanche are building momentum by targeting specific niches and improving user experience.
These platforms are increasingly focusing on specialization, with some targeting gaming, others aiming at collectibles, and several optimizing for scalability. This diversification adds new dynamics to the broader NFT ecosystem.
NFT Market Sees Decline Despite Platform Growth
Overall, NFT market activity declined significantly in late 2025. According to CryptoSlam data, November NFT sales dropped to $320 million, down from $629 million in October.
This 49% month-over-month decrease reflects broader cooling across the crypto and digital asset sectors.
However, specific categories, such as gaming NFTs, have remained resilient. These now account for 38% of total transaction volume in 2025. Analysts note that increased platform diversity and targeted use cases could help stabilize the market moving forward.
The emergence of blockchain-specific advantages and continued infrastructure improvements may support future growth, even as total volumes fluctuate.
Related Reading: Ethereum tops daily inflows as 136.7 million enters the market per Artemis
Outlook for NFT Platforms in 2026
Ethereum’s leadership remains intact, but the rise of alternative platforms points to a more competitive and diverse NFT landscape in 2026.
Success for emerging blockchains may depend on their ability to offer technical efficiency, user-friendly interfaces, and support for distinct use cases.
As users and creators seek better performance and lower costs, the ecosystem is shifting toward a multi-chain environment. Platforms that adapt to changing preferences and offer real utility will be best positioned to grow their market share in the coming year.
Source: https://www.livebitcoinnews.com/ethereum-leads-december-2025-nft-rankings-as-competing-blockchains-gain-traction/
