Observing a significant surge in November 2024, the NFT market’s sales volume increased by 57.8%, indicating a robust uptick in interest during the broader recovery of the cryptocurrency sphere, led by blue-chip collections and a varied blockchain ecosystem.
Despite a minor weekly setback, the NFT market progresses strongly in November, with Ethereum and Solana leading in sales and buyer count, respectively.
Mythical Games teams up with FIFA to introduce the new mobile game FIFA Rivals, set for a 2025 release, while MemeFi launches amidst market volatility, and Flickplay partners with Bandai Namco for a unique Pac-Man NFT scavenger hunt.
NBA star Shaquille O’Neal has agreed to an $11 million settlement to resolve a lawsuit over his involvement with the Astrals NFT collection. The settlement addresses allegations of promoting unregistered securities and aims to compensate investors for their losses.
The NFT market has experienced a significant uptick with sales volume reaching $96.1 million, marking a 16.1% increase, while Bitcoin’s NFT ecosystem surprisingly overtakes Solana for second place following Trump’s election victory and crypto market rally.
In a groundbreaking move, Colle AI announces its innovative feature allowing seamless NFT transfers across multiple blockchains. This development addresses crucial interoperability challenges within the NFT ecosystem, providing users unprecedented flexibility and control over their digital assets. By facilitating easy migration of NFTs between different blockchains, Colle AI enhances the value and utility of digital…
Global NFT sales dropped to $88 million this week with a 7.07% decrease, while Solana showed strong growth with a 24% increase in trading volume, challenging Ethereum’s market dominance.
Web3 gaming platform Paragon successfully launched its 1,500 limited edition loot-box NFTs with instant sellout, promising holders early platform access and enhanced gaming benefits. The ecosystem boasts over 45 million plays and 1 million active wallets.
Weekly NFT sales volume surges 22.5% to $93 million, with Ethereum outperforming Bitcoin in sales volume and buyer activity doubling across the market.
The NFT market shows signs of recovery with weekly sales volumes approaching $85 million, marking the highest level since August. Increases in both prices and transaction numbers across various blockchains accompany this surge.
