NFT Gross sales Improve In October, Up By +10% From September 2024

The worldwide non-fungible token market has been a rollercoaster prior to now a number of months, with its highs and lows usually making headlines. As crypto markets flip bullish, the non-fungible token market has additionally began to affix the wave, with buying and selling gross sales quantity surpassing the $340 million mark in October 2024. Throughout this time, NFT buying and selling gross sales volumes have grown by a formidable +10%, indicating a notable comeback.

NFT Gross sales Surge +10% In October 2024

Knowledge compiled by cryptoslam.io, an on-chain crypto market knowledge aggregator and a multi-chain non-fungible token explorer backed by billionaire Mark Cuban, signifies that this month’s non-fungible token market has barely surged in buying and selling gross sales quantity. Previously 30 days, the NFT market has amassed a buying and selling gross sales quantity of $347 million, representing a +10% surge from the previous month. In September 2024, the worldwide NFT market gross sales fell over 40% to $303 million, marking the bottom buying and selling gross sales since October 2023.

Ethereum, the blockchain community powering Ether crypto and famend within the NFT marketplace for powering nearly all of blue-chip non-fungible token collections, has been this month’s top-traded blockchain community within the NFT ecosystem. Previously 30 days, the Ethereum-based non-fungible token collections have amassed a buying and selling gross sales quantity of $119 million. Nonetheless, the Ethereum NFT buying and selling gross sales quantity has decreased 34% from the previous month.

Bitcoin, the blockchain community powering the flagship crypto, Bitcoin, and famend within the NFT marketplace for hosted Runes and Ordinals and BRC-20 NFT collections, has been this month’s second most-traded blockchain community within the NFT ecosystem. Previously 30 days, the Bitcoin-based non-fungible token collection has raised a buying and selling gross sales quantity of $69 million. Nonetheless, the quantity of Bitcoin NFT buying and selling gross sales has diminished by 27% in comparison with the previous month.

Supply: cryptoslam.io, NFT gross sales in October 2024 by blockchain community

Solana, a public, open-source blockchain that helps good contracts, together with non-fungible tokens and a wide range of decentralized functions, has been this month’s third most-traded blockchain community within the NFT ecosystem. Previously 30 days, the Solana-based NFT collections have amassed a buying and selling gross sales quantity of $66 million. Throughout this era, the Solana NFTs have tanked 23% in buying and selling gross sales quantity.

Mythos Chain, a gaming blockchain community constructed on Polkadot to democratize the gaming world, has been this month’s fourth most-traded blockchain community within the NFT market. Previously 30 days, the Mythos Chain-based NFTs have raised a buying and selling gross sales quantity of $38 million. Throughout this time, the Mythos Chain NFT buying and selling gross sales quantity surged 138%, overtaking Polygon.

Non-fungible tokens hosted on the Polygon, an Ethereum scaling blockchain community, have been this month’s fifth most-traded NFT collections, closing our prime 5 NFT blockchain networks. Previously 30 days, the Polygon-based NFT collections have amassed a buying and selling gross sales quantity of $20 million. Throughout this time, Polygon NFT buying and selling gross sales quantity has plunged 74% from the previous month.

In October 2024, the worldwide non-fungible token market noticed 969,703 people shopping for NFTs and 606,261 customers promoting their NFTs, pushing the whole NFT transactions to +7 million. In September 2024, the NFT market recorded 863,000 NFT consumers and 342,000 NFT sellers, making transactions over 5 million. The NFT market has seen wash buying and selling lowering consecutively in September and October 2024.

High Promoting NFTs In The Previous 30 Days

1. DMarket NFT Assortment

DMarket, a non-fungible token assortment from the digital asset market platform DMarket hosted on the Mythos Chain blockchain community, has been the most-selling NFT assortment within the NFT market this October. Previously 30 days, the DMarket NFT assortment has recorded a buying and selling gross sales quantity of $37 million. Throughout this time, the DMarket NFT buying and selling gross sales quantity has surged +1,000% from the previous month.

2. Guild Of Guardians NFT Assortment

The Guild of Guardians, a non-fungible token assortment from a famend cellular role-playing recreation, Guild of Guardians, has been this month’s second most-selling NFT assortment within the NFT market. Previously 30 days, the Guild of Guardians NFT assortment has amassed a buying and selling gross sales quantity of $13 million. Throughout this time, the Guild of Guardians NFT buying and selling gross sales quantity has fallen 6.65% from the previous month.

3. Bitcoin Puppets NFT Assortment

Bitcoin Puppets, a non-fungible token assortment created on the Bitcoin blockchain community utilizing the favored Ordinal protocol, has been this month’s third most-selling NFT assortment within the NFT market. Previously 30 days, the Bitcoin Puppets NFT assortment has amassed a buying and selling gross sales quantity of $10 million. Throughout this era, the quantity of Bitcoin Puppets NFT buying and selling gross sales elevated 72% from the previous month.

4. Bored Ape Yacht Membership NFT Assortment

Bored Ape Yacht Membership, a non-fungible token assortment created and managed by the digital asset agency Yuga Labs, that includes a restricted set of 10,000 NFTs hosted on the Ethereum blockchain community, has been this month’s fourth most-selling NFT assortment. Previously 30 days, the Bored Ape Yacht Membership NFT assortment has amassed a buying and selling gross sales quantity of $10 million. Its NFT gross sales quantity has surged by 46% this month from the previous month.

5. CryptoPunks NFT Assortment

CryptoPunks, one other non-fungible token assortment beforehand created by the digital asset agency Larva Labs however now managed by the digital asset agency Yuga Labs., has been this month’s second most-selling NFT assortment. Previously 30 days, the Punks NFT collections, which function a set set of 10,000 NFTs hosted on the Ethereum blockchain community, have recorded a buying and selling gross sales quantity of $9.9 million. The Punk NFT buying and selling gross sales have plunged by 40% from the previous month.

6. DogeZuki NFT Assortment

DogeZuki, a non-fungible token assortment that includes a set provide of two,800 Solana-based NFTs made up of hand-drawn traits in Azuki fashion, has been this month’s sixth most-selling NFT assortment within the NFT market. Previously 30 days, the DogeZuki NFT assortment has raised a buying and selling gross sales quantity of $9.6 million. The DogeZuki NFT gross sales quantity has flipped by 3.78% from the previous month.

7. Froganas NFT Assortment

Froganas, a non-fungible token assortment from the digital asset Tee with a restricted set of 5,555 humanoid frog NFTs hosted on the Solana blockchain community, is that this month’s seventh most-selling NFT assortment within the NFT market. Previously 30 days, the Froganas NFT assortment has recorded a buying and selling gross sales quantity of $9.5 million. Froganas NFT sale quantity has surged +300% from the previous month.

8. Sorare NFT Assortment

Sorare, a non-fungible token assortment from the Sorare, an NFT-based recreation with the weather of fantasy soccer, that includes 337,000 non-fungible tokens launched on the Ethereum blockchain community, is that this month’s eighth most-selling NFT assortment within the NFT market. Previously seven days, the Sorare NFT assortment has recorded a buying and selling gross sales quantity of $8.1 million. Sorare NFT gross sales quantity has plunged by 11.89% from the previous month.

9. NodeMonkes NFT Assortment

NodeMonkes, a non-fungible token that includes a restricted version of 10,000 distinctive Bitcoin-powered NFTs leveraging the ordinal protocol, has been this month’s nith most-selling NFT assortment. Previously 30 days, the NodeMonkes NFT assortment has attracted a buying and selling gross sales quantity of $7.7 million. Throughout this time, the NodeMonkes NFT buying and selling gross sales quantity has plunged by 18.37% from the previous month.

10. Ordinal Maxi Biz NFT Assortment

Ordinal Maxi Biz, a non-fungible token assortment that includes a restricted set of two,100 hand-drawn sketches by artist Tony Tafuro hosted on the Bitcoin blockchain community, has been this month’s tenth most-selling NFT assortment. Previously 30 days, the Ordinal Maxi Biz NFT assortment has recorded a buying and selling gross sales quantity of $7.3 million, closing our ten top-selling NFT collections in October 2024.

High NFT Collectible Gross sales In The Previous 30 Days

Uncategorized Ordinal was the costliest NFT assortment offered in October 2024, promoting for almost $4.5 million fifteen days in the past. Bored Ape Yacht Membership #7,940 was the second costliest NFT assortment offered in October, promoting for $1.43 million nineteen days in the past. kNFT: Locked kUSDT #1501 was the third costliest NFT assortment within the NFT market, promoting for $343,310 twenty-five days in the past.

The NFT Market Prediction For November 2024

The NFT market surge in October signifies the market’s upward trajectory. This NFT development can also be a testomony to the evolving nature of the market and the persistent curiosity in digital collectibles and artwork. Due to this fact, the NFT market is predicted to take care of relevance and presumably retest some surge within the coming weeks or months. Statista projected the NFT income to achieve $2.4 billion in 2024.

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