Web3 Deep Dive: NFTs, DeFi, and Cryptocurrency Explained podcast.
Hey folks, Crypto Willy here, your best buddy diving deep into Web3 this week leading up to December 20, 2025. Let's unpack the wild ride in NFTs, DeFi, and crypto—Ethereum's still crushing it, but the market's got some serious twists.
Starting with NFTs, Ethereum dominates with a massive 62% share of all 2025 transactions, racking up $33.7 million in weekly sales, according to Blockchain Reporter. BNB Chain's nipping at its heels with $6.4 million, while Mythos Chain hit $4.9 million, fueled by gaming hits like DMarket, which topped charts before slipping to second with $3.09 million last week per CryptoSlam. Solana's no slouch either at $4.4 million, loving those low fees for gamers. But hold up—overall NFT sales tanked hard in November to $320 million, down 50% from October's $629 million, as Binance Research notes amid crypto winter blues. Yet, this week? A sweet 12% rebound to $67.76 million! Ethereum spiked 45% to $28.06 million, with Milady Maker leading at $3.68 million. Buyers surged 49% to 231,210, bucking Bitcoin's dip to $88K and ETH below $3K. Gaming NFTs hold strong at 38% of volumes, think Decentraland and The Sandbox virtual real estate shining through utility, as AInvest highlights. Utility-driven projects like VeeFriends are proving resilient with real-world perks.
Crypto's shaky—Bitcoin rebounded to $87K after hitting $80K, ETH down 21% but eyeing the Fusaka upgrade with PeerDAS and Verkle Trees for scalability, straight from Binance Research. Global market cap's at $2.99 trillion, down a bit. DeFi? It's hemorrhaging liquidity in this downturn, but stablecoins and protocols are adapting amid TradFi tensions, per AltSignals chatter.
Looking ahead, NFT market's projected to hit $49 billion by year-end, exploding to $703 billion by 2034 on gaming and AI trends like 0G Lab's iNFTs, says Exploding Topics. Competition's heating up with Immutable, Base, Arbitrum, Flow, and Avalanche pushing innovations.
Whew, what a week—resilience amid chaos! Thanks for tuning in, come back next week for more. This has been a Quiet Please production—check out QuietPlease.ai!
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