ChainCatcher news, according to Cointelegraph, NFTs ended the year with strong momentum, surpassing the sales record for digital collectibles in 2023 by over $100 million. On December 31, the NFT data tracking platform CryptoSlam reported that sales of blockchain-based digital collectibles reached $8.83 billion in 2024. This record is more than $100 million higher than the NFT sales in 2023, which were approximately $8.7 billion. This marks a year-on-year growth of 1.1% in NFT sales.
Ethereum remains the highest-grossing blockchain in NFT history, reaching $44.9 billion. Solana follows closely with sales of $6.1 billion, while total NFT sales based on Bitcoin amount to $4.9 billion.
In December, NFT sales totaled $877 million, making it the fifth-best-performing month of 2024. The increase in December's sales was driven by a rise in Ethereum series NFT sales, with monthly NFT sales on that blockchain reaching $482 million. Bitcoin-based NFT sales were $172 million, while Solana-based NFTs achieved sales of $100 million in December.
Despite the increase in NFT sales, this year's figures are still far below the sales from 2021 to 2022. In 2021, NFTs ended the year with sales of $15.7 billion, which is 43.9% higher than the record in 2024. In 2022, NFT sales amounted to $23.7 billion, exceeding this year's record by 62.8%.
