NFT market cap slides back to 2021 pre-hype levels, near $1.5B
NFT minting expanded in 2025 even as sales fell sharply, leaving more tokens chasing fewer buyers.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
NFT minting expanded in 2025 even as sales fell sharply, leaving more tokens chasing fewer buyers.
Why this matters
Hyperliquid is showing up inside the NFT Market theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
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