How popular is NFT in 2025?
Ans. In 2025, NFTs remain widely used, with total supply crossing 1.34 billion tokens, up about 25% from 2024. However, overall market activity declined, with NFT sales falling nearly 37%, indicating mixed popularity and reduced trading demand.
Who sold an NFT for $1 million?
Ans. Jaiden Stipp, a 15-year-old NFT artist from Tacoma, Washington, sold NFT artworks worth over $1 million. He started in 2021 by creating digital art and gained major attention for his creative and unique NFT designs.
What NFT sold for more than $500,000?
Ans. The digital Mars House NFT sold for more than $500,000. Digital artist Krista Kim sold this virtual house for 288 Ether, worth about $514,557, making it one of the earliest high-value NFT real estate sales.
How much is 1 NFT in rupees?
Ans. There is no fixed price for 1 NFT in rupees. Some tokens like APENFT trade at ₹0.0000325, while others cost much more. NFT prices depend on the asset, demand, creator value, and marketplace pricing.
Is NFT legal in India?
Ans. Yes, NFTs are legal in India. They are treated as Virtual Digital Assets and taxed at 30% on profits, with 1% TDS on transactions. NFTs are not legal tender, and buying one doesn’t automatically give copyright ownership.
