• bitcoinBitcoin (BTC) $ 106,009.00
  • ethereumEthereum (ETH) $ 2,552.62
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.38
  • bnbBNB (BNB) $ 651.37
  • solanaSolana (SOL) $ 169.22
  • usd-coinUSDC (USDC) $ 0.999867
  • dogecoinDogecoin (DOGE) $ 0.225706
  • cardanoCardano (ADA) $ 0.741294
  • tronTRON (TRX) $ 0.271182
  • staked-etherLido Staked Ether (STETH) $ 2,557.18
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 106,064.00
  • suiSui (SUI) $ 3.86
  • wrapped-stethWrapped stETH (WSTETH) $ 3,073.98
  • chainlinkChainlink (LINK) $ 16.16
  • avalanche-2Avalanche (AVAX) $ 22.43
  • stellarStellar (XLM) $ 0.286230
  • hyperliquidHyperliquid (HYPE) $ 26.59
  • shiba-inuShiba Inu (SHIB) $ 0.000015
  • hedera-hashgraphHedera (HBAR) $ 0.196560
  • leo-tokenLEO Token (LEO) $ 8.71
  • bitcoin-cashBitcoin Cash (BCH) $ 393.71
  • the-open-networkToncoin (TON) $ 3.06
  • litecoinLitecoin (LTC) $ 97.59
  • polkadotPolkadot (DOT) $ 4.64
  • usdsUSDS (USDS) $ 0.999783
  • wethWETH (WETH) $ 2,548.12
  • moneroMonero (XMR) $ 347.78
  • bitget-tokenBitget Token (BGB) $ 5.20
  • wrapped-eethWrapped eETH (WEETH) $ 2,731.60
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • pepePepe (PEPE) $ 0.000013
  • pi-networkPi Network (PI) $ 0.736340
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,891.00
  • whitebitWhiteBIT Coin (WBT) $ 30.14
  • aaveAave (AAVE) $ 266.73
  • bittensorBittensor (TAO) $ 420.24
  • daiDai (DAI) $ 1.00
  • uniswapUniswap (UNI) $ 6.02
  • nearNEAR Protocol (NEAR) $ 2.82
  • aptosAptos (APT) $ 5.22
  • okbOKB (OKB) $ 52.41
  • jito-staked-solJito Staked SOL (JITOSOL) $ 202.83
  • ondo-financeOndo (ONDO) $ 0.946436
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 36.30
  • crypto-com-chainCronos (CRO) $ 0.097107
  • kaspaKaspa (KAS) $ 0.109824
  • ethereum-classicEthereum Classic (ETC) $ 18.61
  • internet-computerInternet Computer (ICP) $ 5.27
  • gatechain-tokenGate (GT) $ 21.56
  • official-trumpOfficial Trump (TRUMP) $ 12.90
  • mantleMantle (MNT) $ 0.734843
  • vechainVeChain (VET) $ 0.028356
  • render-tokenRender (RENDER) $ 4.67
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • susdssUSDS (SUSDS) $ 1.05
  • ethenaEthena (ENA) $ 0.379269
  • cosmosCosmos Hub (ATOM) $ 4.84
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 105,522.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.234704
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.745047
  • algorandAlgorand (ALGO) $ 0.225195
  • arbitrumArbitrum (ARB) $ 0.395548
  • filecoinFilecoin (FIL) $ 2.88
  • fasttokenFasttoken (FTN) $ 4.39
  • celestiaCelestia (TIA) $ 2.68
  • worldcoin-wldWorldcoin (WLD) $ 1.14
  • sonic-3Sonic (prev. FTM) (S) $ 0.504486
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.55
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,553.91
  • bonkBonk (BONK) $ 0.000020
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997783
  • kucoin-sharesKuCoin (KCS) $ 11.78
  • binance-staked-solBinance Staked SOL (BNSOL) $ 178.11
  • jupiter-exchange-solanaJupiter (JUP) $ 0.497011
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,666.54
  • quant-networkQuant (QNT) $ 95.68
  • story-2Story (IP) $ 4.72
  • blockstackStacks (STX) $ 0.865901
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.99
  • nexoNEXO (NEXO) $ 1.26
  • makerMaker (MKR) $ 1,772.79
  • flare-networksFlare (FLR) $ 0.019026
  • fartcoinFartcoin (FARTCOIN) $ 1.22
  • immutable-xImmutable (IMX) $ 0.656928
  • sei-networkSei (SEI) $ 0.224671
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,903.45
  • optimismOptimism (OP) $ 0.721927
  • injective-protocolInjective (INJ) $ 12.21
  • eosEOS (EOS) $ 0.781756
  • usdt0USDT0 (USDT0) $ 1.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 105,795.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.071729
  • the-graphThe Graph (GRT) $ 0.110990
  • curve-dao-tokenCurve DAO (CRV) $ 0.736421
  • dogwifcoindogwifhat (WIF) $ 0.976582
  • flokiFLOKI (FLOKI) $ 0.000099
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,723.67
  • raydiumRaydium (RAY) $ 3.18
  • theta-tokenTheta Network (THETA) $ 0.907494
  • wbnbWrapped BNB (WBNB) $ 652.09
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • msolMarinade Staked SOL (MSOL) $ 217.83
  • paypal-usdPayPal USD (PYUSD) $ 0.999416
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 187.07
  • jasmycoinJasmyCoin (JASMY) $ 0.018045
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 105,931.00
  • galaGALA (GALA) $ 0.019063
  • clbtcclBTC (CLBTC) $ 105,605.00
  • lido-daoLido DAO (LDO) $ 0.896781
  • walrus-2Walrus (WAL) $ 0.638764
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,689.17
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.012583
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 105,164.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • tether-goldTether Gold (XAUT) $ 3,216.36
  • coredaoorgCore (CORE) $ 0.777025
  • iotaIOTA (IOTA) $ 0.225078
  • pax-goldPAX Gold (PAXG) $ 3,231.19
  • the-sandboxThe Sandbox (SAND) $ 0.311730
  • ethereum-name-serviceEthereum Name Service (ENS) $ 22.45
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,671.10
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.30
  • heliumHelium (HNT) $ 3.99
  • bittorrentBitTorrent (BTT) $ 0.00000073
  • dexeDeXe (DEXE) $ 12.58
  • pendlePendle (PENDLE) $ 4.38
  • bitcoin-svBitcoin SV (BSV) $ 35.46
  • spx6900SPX6900 (SPX) $ 0.747588
  • kaiaKaia (KAIA) $ 0.117336
  • based-brettBrett (BRETT) $ 0.068862
  • chain-2Onyxcoin (XCN) $ 0.019736
  • jito-governance-tokenJito (JTO) $ 1.99
  • tezosTezos (XTZ) $ 0.625555
  • zcashZcash (ZEC) $ 40.55
  • flowFlow (FLOW) $ 0.408102
  • usual-usdUsual USD (USD0) $ 0.997554
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.06
  • thorchainTHORChain (RUNE) $ 1.79
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999229
  • decentralandDecentraland (MANA) $ 0.323174
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • ousgOUSG (OUSG) $ 111.11
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,545.18
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.225775
  • grassGrass (GRASS) $ 2.02
  • super-oethSuper OETH (SUPEROETH) $ 2,547.76
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 1.00
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 105,966.00
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,627.15
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,713.61
  • apecoinApeCoin (APE) $ 0.653438
  • elrond-erd-2MultiversX (EGLD) $ 18.39
  • aerodrome-financeAerodrome Finance (AERO) $ 0.633069
  • dydx-chaindYdX (DYDX) $ 0.663116
  • aioz-networkAIOZ Network (AIOZ) $ 0.438948
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008715
  • pyth-networkPyth Network (PYTH) $ 0.136520
  • tbtctBTC (TBTC) $ 105,937.00
  • true-usdTrueUSD (TUSD) $ 0.999186
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,552.55
  • axie-infinityAxie Infinity (AXS) $ 3.03
  • arweaveArweave (AR) $ 7.40
  • starknetStarknet (STRK) $ 0.152340
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999889
  • movementMovement (MOVE) $ 0.183416
  • morphoMorpho (MORPHO) $ 1.71
  • neoNEO (NEO) $ 6.59
  • deepDeepBook (DEEP) $ 0.185951
  • kavaKava (KAVA) $ 0.426890
  • roninRonin (RON) $ 0.705147
  • telcoinTelcoin (TEL) $ 0.004998
  • kaitoKAITO (KAITO) $ 1.90
  • pumpbtcpumpBTC (PUMPBTC) $ 102,552.00
  • beldexBeldex (BDX) $ 0.064279
  • aethirAethir (ATH) $ 0.050128
  • ecasheCash (XEC) $ 0.000023
  • conflux-tokenConflux (CFX) $ 0.089360
  • ketKet (KET) $ 0.445968
  • wormholeWormhole (W) $ 0.095976
  • popcatPopcat (POPCAT) $ 0.445482
  • apenftAPENFT (NFT) $ 0.00000044
  • mog-coinMog Coin (MOG) $ 0.000001
  • ether-fiEther.fi (ETHFI) $ 1.32
  • chilizChiliz (CHZ) $ 0.044065
  • eigenlayerEigenlayer (EIGEN) $ 1.39
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,553.47
  • beam-2Beam (BEAM) $ 0.007945
  • saros-financeSaros (SAROS) $ 0.155966
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • aave-usdc-sonicAave USDC (Sonic) (ASONUSDC) $ 1.00
  • usdbUSDB (USDB) $ 0.998356
  • plumePlume (PLUME) $ 0.171427
  • compound-governance-tokenCompound (COMP) $ 43.74
  • amp-tokenAmp (AMP) $ 0.004655
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998284
  • syrupMaple Finance (SYRUP) $ 0.358627

2024 NFT Revenue Tops Last Year’s $8B Mark

0 37

2024 NFT Revenue Tops Last Year’s $8B Mark

The broader non-fungible token (NFT) market has defied expectations after it surpassed last year’s revenue milestone.

Data collected by CryptoSlam shows that with less than a week left before 2024 ends, NFT sales for the year have amounted to $8,717,920,832, edging out 2023’s tally by about $230,000.

The Numbers

Last year, the sector recorded more than 91.55 million transactions, bringing in $8.71 billion per CryptoSlam. However, in 2024, the total transactions dropped significantly, only reaching 70.89 million.

Nonetheless, an increase in unique buyers and sellers helped balance the scales, with the former totaling 7.5 million and the latter reaching 4 million. These were the highest recorded figures since 2017, the closest being the 3.8 million sellers captured last year and the 5.4 million buyers from 2022.

There have long been discussions about the prospects of the NFT space, with the hype that once engulfed them dying down considerably. But analysts have urged against writing off the industry altogether, a sentiment justified by the year’s performance, which, while some ways below 2022’s record-setting sales of $23.7 billion from 56 million transactions, has been markedly better than expected.

The next best period was 2021, when the sector raked in $15.7 billion from 34 million transactions involving 3.6 million unique sellers and over 5 million buyers. 2024’s numbers are on course to be the third-highest returns on record, marginally beating last year’s figures.

The space also recently suffered casualties when the Nike-owned RTFKT project announced it would close shop in 2025 after earning almost $50 million since its launch.

Monthly Insights

Looking more short-term, the last month presented a mixed outlook for NFTs. While global sales volumes went up 19.43% to $912 million, unique buyer and seller numbers fell by nearly 28%, reflecting a more selective market approach.

Additionally, transactions saw a 59.25% drop from the previous month, suggesting that fewer but more valuable exchanges may have driven the sector’s growth.

Overall, Ethereum remains the top blockchain for NFT sales, contributing $495.7 million in the last 30 days alone. In second and third place were Bitcoin and Solana, which respectively generated $191.4 million and $107 million in that period.

Interestingly, the two blockchains went in completely opposite directions with regard to attracting buyers. CryptoSlam data shows that NFT purchasers on the Bitcoin network skyrocketed by more than 80% in the last month, while those on Solana dropped by at least 37%.

Immutable and Mythos rounded up the top five blockchains by monthly NFT sales volume. The former registered $35 million worth of sales, a 66.51% jump from the previous month, while the latter shed 36.72% from its tally in the same period, only reaching $25.4 million.

Source

Leave A Reply

Your email address will not be published.