NFT sales rose to $588 million in November, with Ethereum leading the way ✔️
Dec-2-2024 11:44:52 AM
After a 36% drop in October, NFT sales surged in November, raising $588 million in 30 days.
The sales leader was the token from the Bitcoin-based Uncategorized Ordinal collection, which cost its new owner just over $6 million. Next came Tokenvesting Plan #1109 on Ethereum , sold for $962,278, and in third place was Solana Boogle #076 for $269,314.
Ethereum-based NFTs led the way with $218.83 million in sales, while Bitcoin-based NFTs rose to $188.05 million, significantly surpassing October's $69.6 million. Solana recorded $83.24 million, while Polkadot's Mythos sales topped $25 million. Immutable NFTs weren't far behind, raising $24.17 million.
The five networks listed dominated the NFT market in November, taking in a total of $539.29 million out of the total $588 million. The top earner was Bitcoin 's BRC20 NFT , which brought in a total of $72.85 million. Ethereum's Cryptopunks came in second with $49.78 million in sales, followed by Mythos' Dmarket with $24 million.
Despite the dips, blue chips based on Ethereum and Ronin continue to hold top positions. For example, Ronin’s Axie Infinity boasts a whopping $4,281,254,670 in lifetime sales, while Bored Ape Yacht Club (BAYC) has amassed $3,216,840,722. Cryptopunks has $2,946,922,636 in sales.