Web3 Deep Dive: NFTs, DeFi, and Cryptocurrency Explained podcast.
Hey folks, Crypto Willy here, your best bud diving deep into Web3 this week up to December 16, 2025. Let's unpack the buzz on NFTs, DeFi, and crypto—it's been a wild ride, but with some silver linings.
Starting with NFTs, Ethereum is still the undisputed king. Blockchain Reporter and MEXC both confirm Ethereum snagged a massive 62% of all NFT transactions this December, raking in $33.7 million in weekly sales. Powerhouses like CryptoPunks and Bored Ape Yacht Club on Ethereum keep the high-rollers coming back. But challengers are heating up: BNB Chain hit $6.4 million weekly, Mythos Chain scored $4.9 million thanks to gaming vibes, and Solana zipped in at $4.4 million with its lightning-fast, low-fee magic. Shoutout to Immutable, Base, Arbitrum, Polygon, Flow, and Avalanche—they're carving niches in gaming and collectibles.
The market's feeling the chill, though. CryptoSlam data shows November sales cratered to $320 million from October's $629 million—a brutal 49% drop. Bitrue reports this week's volumes dipped another 10-16% to $65 million, with buyers crashing 67% to 155,000. Binance Research pins November's NFT slump at 48.2%, worse than the broader crypto market's 15% dip. Bitcoin hovered around $87K after dipping to $80K, ETH took a 21% hit but eyes its Fusaka upgrade with PeerDAS and Verkle Trees for better scalability. Overall crypto cap fell 15.43%, spooked by Fed rate jitters and Bank of Japan hikes.
On the bright side, gaming NFTs are crushing it at 38% of 2025 volumes, per multiple sources like AInvest and Exploding Topics. The NFT gaming market's valued at $0.54 trillion this year, eyeing $1.08 trillion by 2030 via GlobeNewswire. Utility's the name of the game—think phygitals from Gucci's Art Space and AI-driven iNFTs from 0G Lab's ERC-7857 standard. OpenSea still rules with 2.4 million monthly users.
DeFi stayed quiet this week amid the macro storm, but Ethereum's L2 boosts from Fusaka could spark yields soon. Analysts like those at Binance see a holiday rebound as dip-buyers pounce.
Thanks for tuning in, crew—catch you next week for more Web3 deep dives! This has been a Quiet Please production—for me, check out Quiet Please Dot A I. Stay decentralized!
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