NFT trading volume has exploded in 2022, with $1.6B in trading volume as of Jan 9th.
That’s already 47% of the $3.4B trading volume in Aug-21, the highest volume month for #NFTs to date.
At this rate, trading volume is on track to surpass $5.5B this month.
Source: @TheBlock__
That’s already 47% of the $3.4B trading volume in Aug-21, the highest volume month for #NFTs to date.
At this rate, trading volume is on track to surpass $5.5B this month.
Source: @TheBlock__
The increase in #NFT trading volume is driven by a spike in activity on both #Etheruem and #Solana, partially offset by a decrease in trading volume on #Ronin (an Etheruem sidechain designed for @AxieInfinity).
The rise in #NFT trading volume follows an all-time high in Google searches for NFTs, indicating that interest in NFTs hasn’t faded.
Google searches for @opensea also hit an all-time high last week as retail traders and collectors flocked to the leading #NFT marketplace.
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