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The rebound in the price of Ethereum led to the recovery of the NFT market, and NFT sales in November recorded the highest value in the past six months.
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2024-12-01 19:03 9,122
Golden Finance reported that with the recovery of Ethereum prices, monthly NFT sales in November exceeded US$562 million, a significant increase of 57.8% from US$356 million in October, of which Ethereum network sales exceeded US$216 million, an increase of 12% from October. %. However, NFT monthly trading volume is still far from reaching the peak in 2024. In March this year, NFT sales hit a year-high of $1.6 billion. However, it has remained sluggish and reached its lowest point since 2021 at $303 million in September. CryptoSlam data also shows that CryptoPunks led the NFT market in November, with 30-day sales exceeding US$49 million, a month-on-month increase of 392%, and 388 sales transactions recorded, an increase of 213% from October. In addition to CryptoPunks, the Pudgy Penguins series also had an impressive November, with single-month sales soaring 262% month-on-month, and transaction volume reaching $16 million.
Keywords: Bitcoin
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