With the rebound of Ethereum prices, NFT sales in November exceeded $562 million, a significant increase of 57.8% compared to $356 million in October, with sales on the Ethereum network exceeding $216 million, up 12% from October. However, the monthly trading volume of NFTs is still far from reaching its peak in 2024. In March of this year, NFT sales reached a year-high of $1.6 billion. However, it has remained sluggish and hit a low of $303 million in September, the lowest since 2021.
CryptoSlam data also shows that CryptoPunks led the NFT market in November, with 30-day sales exceeding $49 million, a month-on-month increase of 392%. There were 388 sales transactions recorded, an increase of 213% compared to October. Besides CryptoPunks, the Pudgy Penguins series also had an impressive November, with monthly sales soaring by 262%, reaching $16 million. (Cointelegraph)