NFT sales volume jumps to $129M in November: Data

Nonfungible tokens (NFTs) person seen a dependable summation successful presumption of play Ether (ETH) income volume, according to the blockchain analytics level Nansen. 

In a tweet, Nansen highlighted that connected the week ending connected Oct. 9, NFT income were astatine 29,704 ETH, worthy astir $56 cardinal astatine existent ETH marketplace prices. The income measurement increased play until it reached 68,342 ETH, worthy implicit $129 million.

Regarding the shares of NFT trading volume, NFT marketplace Blur took the apical spot successful the past 30 days. According to information aggregator NFTGo, Blur had a trading measurement of 161,433 ETH, astir $305 cardinal successful the past 30 days. Meanwhile, the 2nd spot went to its rival OpenSea, which had a 52,307 ETH trading measurement worthy astir $100 million. 

NFT marketplaces 30-day trading measurement data. Source: NFTGo

In presumption of NFT collections, Bored Ape Yacht Club (BAYC) had the highest trading measurement successful the past 30 days. The BAYC postulation garnered a measurement of 35,226 ETH, worthy $66.7 million. The postulation was followed by the Mutant Ape Yacht Club (MAYC) astatine 14,947 ETH and The Captainz astatine 9,948 ETH.

CryptoPunks remained the apical postulation successful presumption of marketplace capitalization. However, the postulation lone had a trading measurement of 5,773 ETH successful the past 30 days. 

Apart from these, NFTGo's information besides showed that there’s been a 12% summation successful NFT traders successful the past 7 days. Buyer addresses were astatine 22,804, portion sellers were astatine 27,308 successful the aforesaid clip period. Meanwhile, the fig of wallets that held NFTs inactive hovered astir 6 million. 

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The summation successful trading measurement for NFTs happened amid seemingly bearish quality for the NFT market. On Nov. 3, NFT marketplace OpenSea laid disconnected fractional of its staff arsenic it prepared to motorboat its 2nd version.

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