Express

Data Show Monthly NFT Trading Volume Reaches All-time High of $6 Billion in January

Amy Liu

Summary: Monthly non-fungible token (NFT) trading volume in January has already reached a record high of $6.13 billion, according to The Block Data Dashboard.  Monthly NFT volume grew 129% in January relative to December. Much of the increase was due to the latest contender in the NFT marketplace scene, called LookRare, which accumulated nearly $2 billion ...

Monthly non-fungible token (NFT) trading volume in January has already reached a record high of $6.13 billion, according to The Block Data Dashboard.  Monthly NFT volume grew 129% in January relative to December. Much of the increase was due to the latest contender in the NFT marketplace scene, called LookRare, which accumulated nearly $2 billion in volume after its launch on January 10. Aside from Ethereum-based NFT marketplaces, total NFT sales on Solana surpassed $1 billion in all-time volume in January as well.

By Amy Liu

Last Update:

Tags: ,
Link: Data Show Monthly NFT Trading Volume Reaches All-time High of $6 Billion in January   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 8 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 15 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 19 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 21 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 26 days ago

    • You need to login to comment.