NFT Sales Reach $588M in November: Ethereum Leads in Volume
Date: 2024-12-02 Author: Henry Casey Categories: CRYPTO PAYMENTS
The largest contributor to November’s sales was the Uncategorized Ordinal token on the Bitcoin blockchain, which sold for $6 million. Second place went to Tokenvesting Plan #1109 on Ethereum, selling for $962,278, and third place went to Solana Boogle #076, which sold for $269,314.
Ethereum remains the leading network for NFTs, with $218.83 million in sales. Bitcoin-based sales increased significantly, reaching $188.05 million compared to October’s $69.6 million. Solana also showed notable results, raising $83.24 million, while Polkadot’s Mythos surpassed the $25 million mark. Immutable rounded out the top five, raising $24.17 million. Together, these networks generated $539.29 million, accounting for the bulk of the total.
The leaders among the collections were BRC20 NFT on Bitcoin with $72.85 million, Cryptopunks on Ethereum with $49.78 million, and Dmarket by Mythos with $24 million.
Despite periodic declines, leading projects based on Ethereum and Ronin continue to hold their positions. Ronin's Axie Infinity has reached a total sales volume of $4.28 billion over its entire existence, Bored Ape Yacht Club (BAYC) - $3.22 billion, and Cryptopunks - $2.95 billion.
NFTs continue to strengthen their positions in the market, demonstrating stability and investor interest.
