NFT sales surge 18% as all-time volume on Solana nears $6B
NFTs recorded a monthly sales volume of $356 in October, an 18% increase from its September record.
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NFTs recorded a monthly sales volume of $356 in October, an 18% increase from its September record.
NFT transactions dropped 32% from 7.3 million in August to 4.9 million in September.
The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.
CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value.
NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year.
SideShift.ai CEO Andreas Brekken believes CryptoPunk ##5822 was “most definitely” sold at a loss and that NFTs are “going to zero.”
The actual sale amount was not disclosed, leading community members to speculate that the NFT was sold at a loss.
Despite a 45% drop in NFT sales during Q2 2024, Web3 professionals remain optimistic about the future of non-fungible tokens.
OpenSea’s co-lead investor Coatue Management marked down its investment from $120 million to $13 million. United States tech investment firm Coatue Management has marked down […]
The Simpsons poked fun at NFTs in their annual halloween special but degens still managed to take advantage of the publicity to hoist an NFT […]
