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Reading: Telegram NFT Gifts Hit $49M in Sales with 322K Wallets Active
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Your Crypto News Today > News > Crypto > Nft > Telegram NFT Gifts Hit $49M in Sales with 322K Wallets Active
Nft

Telegram NFT Gifts Hit $49M in Sales with 322K Wallets Active

August 6, 2025 4 Min Read
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Table of Contents

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  • Telegram NFT Presents See Surge Amid Rising Pockets Exercise
    • From Digital Weed to Stars: How NFTs Are Getting Private
  • Telegram NFT Presents recorded over $49M in major gross sales, highlighting speedy adoption inside its newly launched on-chain gifting ecosystem.
  • Greater than 322,000 wallets have interacted with Telegram NFT Presents, with most exercise occurring in 2025 wallets.

With out a lot fanfare, Telegram’s digital reward characteristic has reworked into a strong NFT buying and selling platform.

In response to Dune information, the first gross sales have exceeded $49 million, simply from digital items despatched through chat. Actually, the variety of wallets concerned in these transactions has reached 322,000, indicating this ecosystem is not any mere passing fad.

Supply: Dune

Telegram NFT Presents See Surge Amid Rising Pockets Exercise

A complete of 118 reward sorts are in circulation. Of those, 86 have been absolutely upgraded to NFTs. The remainder haven’t, both as a result of they haven’t had the time or just aren’t . Nonetheless, consumer enthusiasm stays sturdy. One motive is sort of easy: if items are despatched off-chain, the conversion to NFT takes about 21 days. Subsequently, many select to commerce them straight by a sooner and extra instantaneous channel.

One other attention-grabbing discovering emerged from the pockets age distribution information. The bulk, over 60%, of actively transacting wallets have been created in 2025. This means that new customers are persevering with to reach, not simply previous gamers casually opening previous wallets.

It doesn’t cease there, the undertaking’s estimated full worth (FDV) has already reached $194 million, with an lively market cap of round $161 million. Though not all items have been transformed into NFTs but, the market potential seems monumental.

Moreover, since final April, Telegram Stickers have additionally turn out to be tradable on a number of over-the-counter marketplaces, and this gifting characteristic is now more and more built-in with customers’ social actions on the app.

From Digital Weed to Stars: How NFTs Are Getting Private

In the meantime, on July tenth, CNF reported that Snoop Dogg efficiently offered practically 1 million NFTs straight on Telegram utilizing the blockchain-based gifting characteristic TON. His assortment is sort of hanging, together with classic vehicles, swag baggage, digital marijuana, and even digital canines with a unusual but distinctive visible type.

And sure, every little thing could be displayed straight on customers’ Telegram profiles. Moreover, these NFTs can be transformed into “Stars,” a type of social reward that provides worth to their homeowners.

That is proof that NFTs on Telegram aren’t simply collectibles, however are additionally beginning to have social makes use of. Moreover, this pattern coincided with a surge in international NFT gross sales quantity in July 2025, which was the second-highest month of the 12 months.

Whereas the variety of distinctive consumers truly decreased, transaction quantity truly elevated. Ethereum nonetheless leads within the variety of NFT transactions, however Cardano stole the present with the very best share development in quantity.

All of this factors to at least one factor: NFTs to be used—not only for show or storage—are beginning to take middle stage. And Telegram, whereas initially referred to as a messaging app, is now beginning to appear to be a bustling, crowded, and extremely lively digital market.

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