The NFT market skilled a big downturn in 2025, characterised by a pointy decline in complete gross sales quantity and a considerable lower in general market capitalization. The market worth plummeted by roughly 74%, falling from a peak of $9.2 billion in January 2025 to simply $2.4 billion by December 2025. This underperformance has sparked a heated debate within the crypto neighborhood about whether or not NFTs will make a comeback in 2026.
The NFT Market Prediction
The non-fungible token market is at present experiencing important volatility, which continues to carry the worldwide buying and selling gross sales quantity under $11 million. The NFT market started to showcase cracks in 2025. The NFT market’s important downturn in 2025 was a continuation of a bear market that started in 2022, with an accelerated decline in worth ranging from January 2025 and worsening on the finish of the yr.
Thankfully, the NFT market is exhibiting gentle indicators of restoration in early 2026 after a protracted downturn, however this upward motion seems to be pushed by current capital reasonably than new funding. This indicator has prompted the market prediction for an additional bull run to succeed in an all-time excessive. Polymarket, a prediction market that permits customers to realize or lose on the end result of world occasions, has set odds for the NFT comeback in 2026 at 65%.
JUST IN: Odds for NFTs to make a comeback in 2026 attain all time excessive of 65% pic.twitter.com/SzWiRH4ZaQ
— Luidji (@imluidji) January 13, 2026
Though market sentiment can change quickly, some NFT specialists anticipate that the broader NFT market rally will proceed into 2026. Nonetheless, the worldwide NFT market is in a part of structural modifications and isn’t assured to return to the speculative highs of 2021. The worldwide NFT market dimension, estimated at $61.01 billion in 2025, is projected to succeed in $86 billion by 2026, with an annual progress charge (CAGR) of 41.8% by way of 2035.
NFTs could have the very best returns and be essentially the most hated commerce of this bull run. Precisely like final time.$ETH goes to 10k + and when that occurs, NFTs transfer violently, not rationally. ATHs will print whereas persons are nonetheless tweeting “I don’t see the worth.”
This run shall be…
— Hemdawg (@Hemdawg_) January 14, 2026
NFT Use Circumstances In The Subsequent Bull Run
The following NFT bull run is prone to be fueled by a transition from speculation-driven market hype to utility-driven initiatives, institutional adoption, and developments in integration with gaming and the metaverse. Tokenizing bodily objects, comparable to actual property, luxurious items, and collectibles, will present tangible worth assist and scale back danger. NFTs can even function verifiable occasion tickets, decreasing fraud and providing extra perks comparable to unique entry or digital memorabilia.
NFTs are foundational to play-to-earn economies and metaverse platforms, enabling possession of in-game objects, avatars, and digital land. Firms will start utilizing NFT collections for loyalty applications and neighborhood constructing, providing holders distinctive rewards, reductions, and unique experiences. NFTs can characterize patents, tutorial credentials, and on-chain digital identities, thereby enhancing transparency and safety throughout numerous industries. These NFT use circumstances will gasoline the subsequent bull run.
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