Non-fungible tokens (NFTs) experienced a seven-month decline in trading volume. However, in October 2024, there was an 18% increase in volume, reaching $356 million. The total number of transactions also increased, with October recording 7.2 million transactions, a 42% increase compared to September.
Additionally, the weekly volume of NFTs reached its highest point in October, with over $84 million in sales. The top-selling NFT collections in October were Mythos Chain-based DMarket and Immutable-based Guild of Guardians Heroes. Solana-based collections, such as DogeZuki, Froganas, and Retardio Cousins, also had strong sales in October, contributing to a total sales volume of nearly $6 billion for Solana-based NFTs.
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<p>The post NFT Trading Volume Surges in October Breaking Seven-Month Downtrend first appeared on CoinBuzzFeed.</p>
