November NFT Surge: CryptoPunks and Solana Boogles Lead $588M Revival
NFT sales surged by 62.88% in November, reaching $588 million compared to $361 million in October.
Ethereum-based NFTs led the market with $218.83 million, followed by Bitcoin-based NFTs at $188.05 million and Solana at $83.24 million. The top sale was a Bitcoin-based Uncategorized Ordinal at over $6 million. While Ethereum’s Tokenvesting Plan and Solana’s Boogles also fetched high prices.
Despite market challenges, classic collections like Cryptopunks, BAYC, and Axie Infinity continue to dominate lifetime sales, cementing their status as NFT powerhouses.
Clever Robot News Desk 2nd December 2024
