cryptojournalist
NFTs wrapped up 2024 with $8.83 billion in sales, slightly beating 2023’s $8.7 billion, according to CryptoSlam.
Who Led the NFT Market?
Ethereum and Bitcoin tied as the top blockchains for NFT sales in 2024, each pulling in $3.1 billion. Solana came in third with $1.4 billion. Ethereum remains the all-time leader with $44.9 billion in sales, followed by Solana at $6.1 billion and Bitcoin at $4.9 billion.
How 2024 Compares to the Boom Years
2024 was a far cry from the NFT craze of 2021 and 2022:
2021: $15.7 billion in sales.
2022: $23.7 billion in sales.
Late-Year Comeback
NFT sales picked up in the final months of 2024:
October: $353 million.
November: $562 million.
December: $877 million.
Ethereum collections dominated December with $482 million in sales. Pudgy Penguins led the way with $115 million, while Bitcoin NFTs hit $172 million, and Solana collections reached $100 million.
Bright Future Ahead?
Yat Siu of Animoca Brands thinks NFT sales could hit billions per month as crypto markets grow.
