NFT comeback pushes 2024 volume to .8B: Nifty Newsletter

In this week’s newsletter, read how non-fungible tokens (NFTs) in 2024 surpassed their 2023 sales record by $100 million, proving that blockchain-based digital collectibles are not dead. Check out how Runes, once a dominant protocol in the Bitcoin blockchain, had a decline in transaction share in December. And don’t forget to read the New Year Special, which provides a recap of what happened with NFTs in 2024. 

NFTs record $8.8B sales volume in 2024 — CryptoSlam

While NFTs had a slow year, the overall sales volume for the asset class in 2024 reached $8.8 billion. The amount recorded by digital collectibles surpassed 2023 by $100 million, marking a 1.1% increase year-on-year. 

Ethereum and Bitcoin were on top of the NFT game, with both blockchains having $3.1 billion in sales for the year. The third-biggest blockchain in 2024 was Solana, which recorded a sales…

Read Full Article at: Cointelegraph.com News

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