🌋 Annual Highs for NFT Trading Volumes
posted 3 hr ago
On December 18, 2024, NFT trading volumes on marketplaces hit 27,000 ETH, setting a new yearly high, according to DefiLlama analytics.
Explosive NFT Trading Growth. Source: defillama.com
Daily NFT trading volumes haven’t surpassed 25,000 ETH since July 2023. However, weekly activity has surged across platforms: OpenSea (+119%), Blur (+140%), Gem (+200%), and X2Y2 (+123%).
Dune Analytics further highlights this growth, with December 17 NFT trading volumes hitting $116 million—a 2024 record. Blur took the top spot with $86 million in daily trades.
NFT Marketplace Performance. Source: dune.com
December brought a surge in NFT activity, with the number of traders and transactions climbing sharply. Daily active users on NFT marketplaces hit 9,000, while daily trades surpassed 25,000.
The top-performing NFT collections over the last 30 days included Pudgy Penguins, Lil Pudgys, Bored Ape Yacht Club, Azuki, and CryptoPunks.
Most-Traded NFT Collections of the Month. Source: dune.com
Cumulative monthly trading volumes for these top collections crossed 180,000 ETH, valued at approximately $700 million.
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