CandleFocus 2024 NFT Revenue Tops Last Year’s $8B Mark
2024-12-28
Author: Content Editor
The non-fungible token (NFT) market has exceeded last year's revenue milestone, with NFT sales in 2024 reaching $8.72 billion, surpassing 2023's figure by around $230,000. Although the total number of transactions has dropped, the increase in unique buyers and sellers has helped balance the market. Analysts suggest that despite a decline in hype, the NFT industry should not be dismissed. Ethereum remains the top blockchain for NFT sales, followed by Bitcoin and Solana. In the last month, global sales volumes increased, but unique buyer and seller numbers declined, indicating a more selective market approach.
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