$ 25 billion spent on NFT sales in 2021

NFT sales reached a record $ 25 billion in 2021. This is despite signs of slowing growth towards the end of the year, according to DappRadar data.

During 2021, we have seen NFT Popular boom, Google Trends reports global interest in NFTs in August 2021 alone 426% surge.. From the time of NFT Boring ape number 3,547 By mistake at $ 3,000 instead of $ 300,000 Charity NFT Collection In the Dalai Lama, NFTs are always in the news.

Major brands seized the opportunity to be part of the NFT revolution in 2021. From Coca-Cola and Gucci cash-ins Stella Altova” Chip’NFT When Vodafone’s first SMSNFT UNHCR, for the United Nations High Commissioner for Refugees.

DappRadar reported that 2021 NFT sales totaled $ 24.9 billion, compared to just $ 94.9 million in 2020. They recorded that from about 545,000 in 2020 to about 28.6 million wallets in 2021 traded NFTs.

Data was collected across 10 different blockchains used to record NFT owners. It is important to consider that volume estimates will vary from data provider to data provider, depending on what is actually contained in the data. “Off-chain” transactions, such as the sale of major NFT art at auction houses, are usually not captured by the data.

NFT revenues increased from $ 1.2 billion in the first quarter to up to $ 11.6 billion in the fourth quarter.

Other data show that 2021 NFT sales are less. CryptoSlam said 2021 totaled $ 18.3 billion and said it had sales of $ 15.7 billion in 2021.

According to an OpenSea survey NFT peaked in AugustAfter that, I declined in September, October, and November. After that, sales increased again in December in time for Christmas. These fluctuations in NFT popularity do not seem to correlate with price fluctuations. Cryptocurrency, Often used to buy NFTs. Bitcoin When ether It rose between September and November 2021.

OpenSea NFT
NFT sales peaked in August 2021.

$ 25 billion spent on NFT sales in 2021

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