By 2024, NFT Sales Will Reach $8.8 Billion: Is That Realistic
- In 2024, the NFT market generated $8.83 billion in sales, representing a 1.1% growth over 2023.
- NFTs enable secure and transparent authentication of real estate, luxury items, and cars.
You can also find more here: NFT Market. In 2024, the total sales volume was $8.83 billion, reflecting a modest growth of 1.1% compared to $8.7 billion in 2023. This modest increase is still significantly lower than the highs experienced in 2021 and 2022.
Ethereum [ETH] and Bitcoin [BTC] led the market with sales of $3.1 billion each, while Solana [SOL] secured third place among blockchain platforms with total sales reaching $1.4 billion.
The year showcased a continued recovery,with overall sales in 2024 being down by 43.9% from figures seen in 2021 and down by about 62.8% compared to those of 2022.
The NFT industry saw positive momentum carry into December with overall sales hitting $877 million—marking it as one of their five highest months this year—growing on successes recorded during October and November . Sales experienced an increase of18 %to$353 million inOctober followed up b yan impressive$562millioninNov ember for sixmonths&Punc ;IT’sQue& all IT Plan/ pneumatic& No `/uppercase; They also mentioned new structural reform As well they highlight at supporting admins.. &congrpdullosics plan.title made important disclosures December Drives Recovery
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