Non-fungible tokens (NFTs) are ending the year on a high, with digital collectibles surpassing their 2023 sales by more than $100 million.
On Dec. 31, NFT data tracker CryptoSlam showed that blockchain-based digital collectibles had a sales volume of $8.83 billion in 2024. That surpassed 2023 NFT sales by over $100 million, as NFTs had about $8.7 billion in sales last year. It marked a 1.1% year-on-year increase.
In 2024, Ethereum and Bitcoin went toe-to-toe in sales volumes, with both blockchains recording $3.1 billion in NFT sales. Solana took the third spot with a total sales volume of $1.4 billion.
Ethereum remains the top blockchain for NFTs in all-time sales, with $44.9 billion. Solana follows with $6.1 billion, while Bitcoin-based NFTs recorded $4.9 billion overall.
All-time NFT sales by blockchains. Source: CryptoSlam
While this year had an increase in…
Read Full Article at: Cointelegraph.com News
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