NFT Art Market Reaches $7.8B as Online Sales Claim 15% of Global Market, Report Finds

According to the Art Basel and UBS Global Art Market Report 2026, NFT art sales soared to nearly $7.8 billion in 2026. In 2025, online transactions represented around 15 percent of the total value in the global art market. Unlike traditional art sales, which often incur hefty commissions, NFTs permit artists to connect directly with buyers, resulting in lower fees. While royalties from resales present a potential benefit, they are not assured. The NFT landscape faces issues such as market instability and theft. Galleries are showcasing digital creators, and NFT artists are developing tangible products. Artiststore seeks to connect these realms by helping digital artists convert their creations into merchandise, thus broadening prospects for both artists and collectors.