Algae have adsorption properties and reducing agents due to their rich content. In this study, palladium nanoparticles (Pd NP), platinum nanoparticles (Pt NP), and iron oxide nanoparticles (Fe3O4 NP) were prepared from Codium macroalgae using green synthesis. The structure of the synthesized nanoparticles was elucidated by X‐ray diffractometry, Fourier transforms infrared spectroscopy, Brunauer–Emmett–Teller analysis, transmission electron microscopy, ultraviolet‐visible spectroscopy and scanning electron microscopy‐energy dispersive X‐ray spectrometry and their use as nanoadsorbents for the removal of pollutants from aqueous media was investigated in detail. Naproxen (NPX), an anti‐inflammatory drug, and the dyes methylene blue (MB) and cresol red (CR) were selected as pollutants for this study. Batch adsorption experiments were conducted using both real wastewater obtained from the Organised Industrial Zone of Isparta Province and synthetic water samples prepared with tap water from Burdur Province and pure water. Under optimum adsorption conditions, Pd NP showed significant efficiency in the real wastewater sample, with an adsorption capacity of 37.19 and 50.03 mg g–1 for CR and NPX, respectively, within 150 min. In comparison, Pt NP showed an adsorption capacity of 40.01 mg g–1 for MB within the same timeframe. These findings indicate that while Pd NP showed the highest adsorption capacity for both CR and NPX, Pt NP showed the highest adsorption capacity for MB. The Langmuir model and the pseudo‐second‐order equation were more suitable to describe the adsorption behavior of CR, MB, and NPX. In addition, studies on the desorption and reusability of the nanoadsorbents were carried out under the same optimum experimental conditions.