Tuesday, June 10, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

NFT Sales Hit Lowest Point Since October

June 4, 2024
in Blockchain
Reading Time: 1 min read
0 0
A A
0
Home Blockchain
Share on FacebookShare on TwitterShare on E Mail


In Might, world non-fungible token (NFT) gross sales witnessed a notable decline, totaling $604 million, marking the bottom month-to-month efficiency since October and the primary month of the yr with gross sales under $1 billion.

Ethereum, famend because the main blockchain for NFT gross sales, skilled a dip in gross sales, recording $164 million in Might, the bottom since September. The community additionally noticed a lower in distinctive consumers, with solely 56,914 recorded, the bottom depend since June 2021.

Equally, the Bitcoin community noticed a downturn in NFT gross sales, with month-to-month gross sales totaling $160 million, the bottom since October. The community additionally reported a decline in each consumers and sellers, marking the bottom depend for the yr.

Opposite to the general pattern, Solana showcased resilience in NFT exercise. Regardless of the gross sales hunch in main blockchains, Solana recorded $93 million in month-to-month gross sales, the primary time it fell under $100 million since final November. Solana set new data for month-to-month distinctive consumers and sellers, with 346,229 and 594,555 addresses, respectively.

Nonetheless, regardless of the heightened exercise, Solana witnessed a decline within the common NFT value, with a median month-to-month gross sales worth of $37.8, the bottom this yr. Regardless of the challenges confronted by the NFT market in Might, Solana’s efficiency highlights its rising prominence within the NFT area.

Featured Picture: Freepik

Please See Disclaimer



Source link

Tags: hitLowestNFTOctoberPointSales
Previous Post

Coinbase Floods Crypto with Record Campaign Funds

Next Post

PayPal’s Stablecoin Joins Solana: Impact on Consumers and Banks Explained

Related Posts

New Pepe Meme Coin Offering Modern DAO Features
Blockchain

New Pepe Meme Coin Offering Modern DAO Features

June 10, 2025
Synapse Bridge: The Leading Cross-Chain Solution
Blockchain

Synapse Bridge: The Leading Cross-Chain Solution

June 9, 2025
President Javier Milei Off the Hook in LIBRA Token Scandal
Blockchain

President Javier Milei Off the Hook in LIBRA Token Scandal

June 9, 2025
Ethereum Leads as Digital Asset Inflows Slow Amid Economic Uncertainty
Blockchain

Ethereum Leads as Digital Asset Inflows Slow Amid Economic Uncertainty

June 9, 2025
Solana (SOL) Introduces Alpenglow for Faster Blockchain Consensus
Blockchain

Solana (SOL) Introduces Alpenglow for Faster Blockchain Consensus

June 7, 2025
Gala Games Introduces Phased Approach to Founder Node Staking
Blockchain

Gala Games Introduces Phased Approach to Founder Node Staking

June 8, 2025
Next Post
PayPal’s Stablecoin Joins Solana: Impact on Consumers and Banks Explained

PayPal’s Stablecoin Joins Solana: Impact on Consumers and Banks Explained

Robinhood Limits GameStop Trading After $175M ‘Roaring Kitty’ Bet

Robinhood Limits GameStop Trading After $175M 'Roaring Kitty' Bet

Elon Musk Is Feuding With Meta AI Chief Yann LeCun

Elon Musk Is Feuding With Meta AI Chief Yann LeCun

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In