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NFT market generated more than $23 billion in selling volume in 2021


JPEGs sell tens of millions of dollars, old auction houses selling blockchain-based artworks and accepting digital currencies for payment, fashion brands releasing digital wearables. 2021 is definitely the year of the NFT in the yearbook of crypto history. As it will come down. The fledgling market for NFT tokens has recorded its best year in history, generating over $23 billion in trading volume, a madness of less than $100 million recorded the previous year. This is the statistics from DappRadar.

The Lithuania-based blockchain analytics company, that follows more than 30 networks which back decentralized applications, counts the number of special active wallets which engage with NFTs daily from 5,000 at the beginning of the year to about 5,000 at the end of the year.

About Tiffany Ellis

She is a smiley curious writer from the USA. She loves Cryptocurrencies, Arts an also NFTs.

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