PANews reported on December 31 that NFTs ended the year with strong momentum, surpassing the sales record for digital collectibles in 2023 by over $100 million. On December 31, NFT data tracking platform CryptoSlam indicated that blockchain-based digital collectibles sales reached $8.83 billion in 2024. This record exceeds the NFT sales of approximately $8.7 billion in 2023 by over $100 million, marking a year-on-year growth of 1.1%.
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 stand at $4.9 billion.
In December, NFT sales reached $877 million, making it the fifth-best month of 2024. The increase in December's sales was driven by a rise in sales of Ethereum-based NFTs, which had monthly sales of $482 million. Bitcoin-based NFT sales amounted to $172 million, while Solana-based NFTs recorded sales of $100 million in December.
Despite the increase in NFT sales, this year's figures remain far below those 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 reached $23.7 billion, exceeding this year's record by 62.8%.
