December 9, 2025 • 3 mins
Web3 Deep Dive: NFTs, DeFi, and Cryptocurrency Explained podcast.
Hey fam, Crypto Willy here, your crypto bestie from Quiet Please, and let’s dive deep into the Web3 trenches this week.
NFTs are in the freezer, no sugarcoating it. The sector’s monthly sales cratered to just $320 million in November, the lowest of 2025 and down over 66% from January’s $900M+ peak. CoinGecko shows the NFT market cap has collapsed from $9.2 billion in January to around $3.06 billion now. That’s brutal. Early December hasn’t helped, with just $62 million in sales the first week, the weakest weekly total of the year so far.
Blue chips are bleeding. CryptoPunks down 12% in a month, Bored Ape Yacht Club off 8.5%, Pudgy Penguins down 10.6%. Art legends like Fidenza and Moonbirds are down 14–18%, and Hypurr got absolutely wrecked, losing nearly half its value. But not everything’s red. Autoglyphs popped 20.9%, Infinex Patrons up 10%, and fwogs on Ethereum exploded with a 1,337% surge in 24 hours and 667 unique buyers. CryptoPunks also saw a 618% sales spike recently. So liquidity’s not dead—it’s just rotating hard into specific narratives.
Under the hood, this NFT winter is part of a broader crypto chill. Bitcoin’s down nearly 12% over the past month and on track for its first negative year since 2022, trading around $90K. That historic October liquidation event that wiped out $19B in leveraged positions still haunts the market. Macro pressures—interest rate uncertainty, trade tensions—are keeping risk appetite low.
But here’s the flip side: the market’s maturing. AInvest’s 2025 NFT fundamentals report says the global NFT market is still a $34.1 billion beast, with gaming NFTs making up 38% of transaction volume. Projects like Axie Infinity and NBA Top Shot are holding strong with billions in volume, proving utility-driven models can survive the purge. Institutional adoption is creeping in too, with about 15% of NFT revenue now from institutions, and frameworks like MiCA adding legitimacy.
DeFi’s quietly stabilizing. Ethereum’s still the backbone, handling 62% of NFT transactions, and OpenSea’s rocking 2.4 million monthly active users. The average NFT sale price has settled around $940—way off 2021 highs, but that’s a sign of a market shifting from pure speculation to real use cases: gaming assets, IP, real estate, and phygital luxury plays like Gucci’s Art Space and Adidas’ ALTS avatars.
So what’s next? NFTs aren’t dead—they’re just evolving. The hype’s gone, but the builders are doubling down on utility, governance, and sustainable tokenomics. DeFi’s recovery is tied to this, and privacy and gaming cryptos are leading December’s trends as the ecosystem rebuilds.
Thanks for tuning in, fam. This has been a Quiet Please production, and for me, Crypto Willy, check out Quiet Please Dot A I. Come back next week for more Web3 deep dives.
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
Hey fam, Crypto Willy here, your crypto bestie from Quiet Please, and let’s dive deep into the Web3 trenches this week.
NFTs are in the freezer, no sugarcoating it. The sector’s monthly sales cratered to just $320 million in November, the lowest of 2025 and down over 66% from January’s $900M+ peak. CoinGecko shows the NFT market cap has collapsed from $9.2 billion in January to around $3.06 billion now. That’s brutal. Early December hasn’t helped, with just $62 million in sales the first week, the weakest weekly total of the year so far.
Blue chips are bleeding. CryptoPunks down 12% in a month, Bored Ape Yacht Club off 8.5%, Pudgy Penguins down 10.6%. Art legends like Fidenza and Moonbirds are down 14–18%, and Hypurr got absolutely wrecked, losing nearly half its value. But not everything’s red. Autoglyphs popped 20.9%, Infinex Patrons up 10%, and fwogs on Ethereum exploded with a 1,337% surge in 24 hours and 667 unique buyers. CryptoPunks also saw a 618% sales spike recently. So liquidity’s not dead—it’s just rotating hard into specific narratives.
Under the hood, this NFT winter is part of a broader crypto chill. Bitcoin’s down nearly 12% over the past month and on track for its first negative year since 2022, trading around $90K. That historic October liquidation event that wiped out $19B in leveraged positions still haunts the market. Macro pressures—interest rate uncertainty, trade tensions—are keeping risk appetite low.
But here’s the flip side: the market’s maturing. AInvest’s 2025 NFT fundamentals report says the global NFT market is still a $34.1 billion beast, with gaming NFTs making up 38% of transaction volume. Projects like Axie Infinity and NBA Top Shot are holding strong with billions in volume, proving utility-driven models can survive the purge. Institutional adoption is creeping in too, with about 15% of NFT revenue now from institutions, and frameworks like MiCA adding legitimacy.
DeFi’s quietly stabilizing. Ethereum’s still the backbone, handling 62% of NFT transactions, and OpenSea’s rocking 2.4 million monthly active users. The average NFT sale price has settled around $940—way off 2021 highs, but that’s a sign of a market shifting from pure speculation to real use cases: gaming assets, IP, real estate, and phygital luxury plays like Gucci’s Art Space and Adidas’ ALTS avatars.
So what’s next? NFTs aren’t dead—they’re just evolving. The hype’s gone, but the builders are doubling down on utility, governance, and sustainable tokenomics. DeFi’s recovery is tied to this, and privacy and gaming cryptos are leading December’s trends as the ecosystem rebuilds.
Thanks for tuning in, fam. This has been a Quiet Please production, and for me, Crypto Willy, check out Quiet Please Dot A I. Come back next week for more Web3 deep dives.
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hey, fam Crypto Willie here, you're crypto Bestie from Quiet
Please and let's dive deep into the web three trenches
this week. NFTs are in the freezer, no sugarcoating it.
The sector's monthly sales creter to just three hundred and
twenty dollars million in November, the lowest of twenty twenty five,
and down over sixty six percent from January's nine hundred
million dollars plus peak coin Gecko show. The NFT market
(00:22):
cap has collapsed from nine dollars and twenty cents billion
in January to around three dollars and six cents billion. Now,
that's brutal. Early December hasn't helped, with just sixty two
dollars million in sales the first week, the weakest weekly
total of the year so far. Blue chips are bleeding,
Crypto punks down twelve percent in a month, board Apiacht
Club off eight point five percent, Pudgie Penguins down ten
(00:45):
point six percent, Art legends like Fordenza and Moonbirds are
down fourteen eighteen percent, and Hipper got absolutely wrecked, losing
nearly half its value. But not Everything's read. Autoglyphs pop
twenty point nine percent in Finex patrons up ten percent
and four wogs on Ethereum exploded with the one thousand,
three hundred and thirty seven percent serds in twenty four
(01:07):
hours and six hundred sixty seven unique buyers. Crypto punks
also saw six hundred eighteen percent sales spike recently, So
liquidity's not dead, it's just rotating hard into specific narratives
Under the hood. This NFT winter is part of a
broader crypto chill. Bitcoins down nearly twelve percent over the
past month and on track for its first negative year
(01:29):
since twenty twenty two, trading around ninety thousand dollars. That
historic October liquidation event that wiped out nineteen billion dollars
in leverage positions still haunts the market. Macro pressures, interest
rate uncertainty, trade tensions are keeping risk appetite low. But
here's the flip side. The market's maturing. A Invests twenty
(01:52):
twenty five north FT Fundamentals report says the global NFT
market is still a thirty four dollars and tens billion beast,
with gaming a DA NFTs making up thirty eight percent
of transaction volume. Projects like Axiinfinity and NBA top shot
are holding strong with billions in volume, proving utility driven
models can survive the purge. Institutional adoption is creeping into
(02:14):
with about fifteen percent of NFT revenue now from institutions
and frameworks like Mika, adding legitimacy defies quietly stabilizing ethereum
still the backbone, handling sixty two percent of NFT transactions
and open seas rocking two point four million monthly active users.
The average NFT sale price has settled around nine hundred
(02:35):
and forty dollars, way off twenty twenty one highs, but
that's a sign of a market shifting from pure speculation
to real use cases gaming assets, IP, real estate, and
figet a luxury plays like Gucci's art space and Adida's
Alt's avatars. So what's next. NFTs aren't dead, they're just
(02:55):
evolving the hype's GOM, but the builders are doubling down
on utility governance and sustainable tokenomics. Defi's recovery is tied
to this, and privacy and gaming cryptos are leading Decembers
trends as the ecosystem rebuilds. Thanks for tuning in, fan,
this has been a quiet please production and for me
Crypto Willie check out Quiet Please dot Ai. Come back
(03:19):
next week for more Web three deep dives.
Hey, fam Crypto Willie here, you're crypto Bestie from Quiet
Please and let's dive deep into the web three trenches
this week. NFTs are in the freezer, no sugarcoating it.
The sector's monthly sales creter to just three hundred and
twenty dollars million in November, the lowest of twenty twenty five,
and down over sixty six percent from January's nine hundred
million dollars plus peak coin Gecko show. The NFT market
(00:22):
cap has collapsed from nine dollars and twenty cents billion
in January to around three dollars and six cents billion. Now,
that's brutal. Early December hasn't helped, with just sixty two
dollars million in sales the first week, the weakest weekly
total of the year so far. Blue chips are bleeding,
Crypto punks down twelve percent in a month, board Apiacht
Club off eight point five percent, Pudgie Penguins down ten
(00:45):
point six percent, Art legends like Fordenza and Moonbirds are
down fourteen eighteen percent, and Hipper got absolutely wrecked, losing
nearly half its value. But not Everything's read. Autoglyphs pop
twenty point nine percent in Finex patrons up ten percent
and four wogs on Ethereum exploded with the one thousand,
three hundred and thirty seven percent serds in twenty four
(01:07):
hours and six hundred sixty seven unique buyers. Crypto punks
also saw six hundred eighteen percent sales spike recently, So
liquidity's not dead, it's just rotating hard into specific narratives
Under the hood. This NFT winter is part of a
broader crypto chill. Bitcoins down nearly twelve percent over the
past month and on track for its first negative year
(01:29):
since twenty twenty two, trading around ninety thousand dollars. That
historic October liquidation event that wiped out nineteen billion dollars
in leverage positions still haunts the market. Macro pressures, interest
rate uncertainty, trade tensions are keeping risk appetite low. But
here's the flip side. The market's maturing. A Invests twenty
(01:52):
twenty five north FT Fundamentals report says the global NFT
market is still a thirty four dollars and tens billion beast,
with gaming a DA NFTs making up thirty eight percent
of transaction volume. Projects like Axiinfinity and NBA top shot
are holding strong with billions in volume, proving utility driven
models can survive the purge. Institutional adoption is creeping into
(02:14):
with about fifteen percent of NFT revenue now from institutions
and frameworks like Mika, adding legitimacy defies quietly stabilizing ethereum
still the backbone, handling sixty two percent of NFT transactions
and open seas rocking two point four million monthly active users.
The average NFT sale price has settled around nine hundred
(02:35):
and forty dollars, way off twenty twenty one highs, but
that's a sign of a market shifting from pure speculation
to real use cases gaming assets, IP, real estate, and
figet a luxury plays like Gucci's art space and Adida's
Alt's avatars. So what's next. NFTs aren't dead, they're just
(02:55):
evolving the hype's GOM, but the builders are doubling down
on utility governance and sustainable tokenomics. Defi's recovery is tied
to this, and privacy and gaming cryptos are leading Decembers
trends as the ecosystem rebuilds. Thanks for tuning in, fan,
this has been a quiet please production and for me
Crypto Willie check out Quiet Please dot Ai. Come back
(03:19):
next week for more Web three deep dives.
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