NFT trading volume has tumbled 63% since December
NFTs last year had their worst year since 2020, recording $13.7 billion in trading volume and under 50 million in sales, according to DappRadar.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
NFTs last year had their worst year since 2020, recording $13.7 billion in trading volume and under 50 million in sales, according to DappRadar.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Perpetual Futures Now Rule Crypto Trading as Volumes Sink to a 31-Month Low
Perpetual futures are winning the crypto market, but the prize is smaller than it was a year ago. Stocks, indexes, gold and pre-IP...
Payward Revenue Grew 17% in Q2 as Trading Volume Fell 13%
Payward, Inc., the parent company of Kraken, reported second-quarter adjusted revenue of $508 million, up 17% year over year, even...
Latest Gemini earnings expose crypto’s new exchange reality – more total revenue, less crypto trading
Gemini’s second-quarter revenue rose as its credit-card business expanded. But the core exchange shrank, while operating costs and...
Bitcoin erased $118 million from Abu Dhabi’s ETF holdings, but its sovereign funds kept every share
Two Abu Dhabi sovereign investors kept their BlackRock Bitcoin ETF holdings unchanged through the second quarter, retaining $764 m...
Spot DEXs on Solana see $5.8B in trading volume for tokenized stocks
Solana's dominance in tokenized stock trading highlights the potential for decentralized finance to revolutionize global equity ma...
PancakeSwap v3 hosts $3B in spot DEX trading volume for tokenized stocks
The rapid growth of tokenized stocks on DEXs like PancakeSwap v3 signals a shift towards 24/7 trading and increased financial acce...