December 2025 NFT marketplace showcases how the industry remains firmly dominated by established blockchain while highlighting significant changes in marketplace dynamics over time. Based on analytics data across the industry we can see that Ethereum continues to maintain its large market share of weekly NFT sales volume, however, newer platforms are making significant progress towards disrupting this trend.
The Ethereum Market Dominance Continues
Recent market performance for NFTs shows Ethereum ‘s trending, as it maintains a 62% share of all NFT transactions (2025), followed by BNB Chain (with about $6.4M in sales) during the same time period (approximately) At $33.7M for the week. The large disparity between Ethereum’s volume of NFT transactions and that of its closest competitor demonstrates Ethereum’s superior infrastructure to support such high-value transactions and drive future development of its monetization capabilities through NFT transactions.
Ethereum leads the market due to many high-value collections like CryptoPunks and Bored Ape Yacht Club, which continue to have consistent trading volumes. Even though some other blockchains have been improving with lower fees and faster trades, Ethereum still remains strong. Its early lead and marketplace for the good keep both the creators and the collectors coming.
Emerging Contenders and Market Shifts
The December rankings show that the field is becoming more competitive, with several blockchains making big leaps towards challenging the status quo. BNB Chain holds an impressive position of second place, generating approximately $6.4 million in weekly sales. Mythos Chain has carved out a unique space in the gaming and entertainment sector within the NFT realm, generating approximately $4.9 million each week.
Solana is a strong competitor too having around $4.4 million in sales every week. Its low fees and fast speeds are specifically attractive to gamers and high frequency traders. Other top contenders include Immutable, Polygon, Base, Arbitrum, Flow and Avalanche, which adds unique value to the growing market.
Market Dynamics and Future Outlook
Even though some blockchains did well, the overall business of NFTs did have a big drop in late 2025. CryptoSlam data indicates that sales dropped to $320 million in November, roughly half of the October data of approximately $629 million. The fall forms a sharp correction away from highs earlier in the year with market value more than 66% down from its January 2025 peak.
Still, analysts continue to be cautiously optimistic about various blockchain platforms. The multiple blockchain platform offerings show that the ecosystem has reached a level of maturity where users are starting to see specific use cases and innovations as something valuable, not just for the crypto community alone. There is still an opportunity to see gaming-based NFT transactions hold their market share, currently representing 38% of all transaction volumes for this year. The competition will continue to heat up as the different platforms attempt to distinguish themselves from one another through technological advantages and strategic alliances.
Conclusion
The December 2025 rankings for blockchain technology and NFTs, gives an indication that the market is changing rapidly. Ethereum remains the leading blockchain still to hold its position in the market. At the same time, there are growing new networks providing an opportunity for a more diverse and competitive ecosystem. For the platforms to succeed over the next few years, they must find a way to offer strong technology capabilities, a high-quality user interface, and a vibrant community. And at the same time, they have to evolve with changing trends, preferences, and tastes of both creators and collectors.
