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NFT market rallies to 90-Day high

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The number of daily unique users and daily sales in the non-fungible token (NFT) market have both risen to their greatest levels in the previous 90 days, according to statistics from Dune Analytics. NFTs have grown in popularity over the past 90 days, as evidenced by the fact that 85.7K NFTs have been sold by 27.8K people in total.

With 85.7K sales from 27.8K users, the number of daily unique users and daily sales are both at a 90-day high on the NFT market.

OpenSea recorded an average of 2.7 sales per user, for a total of 50,300 sales. Two-thirds of users were traders. This shows OpenSea dominance of the NFT industry and how NFTs are gaining popularity among consumers.

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As more people use the internet to purchase, sell, and exchange goods and services, there is an expanding trend of people investing in digital assets, which includes an increase in interest in NFTs. It will be interesting to see how major institutions and investors begin to exploit this new sort of asset as the NFT market expands.

In general, the recent growth of NFTs indicates that it has risen as a significant asset in the digital world, and the industry is probably going to continue expanding in the days to come.

About MahKa

MahKa loves exploring the decentralized world. She writes about NFTs, the metaverse, Web3 and similar topics.

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