Dune Analytics reports a 97% year-to-date decline in NFT trading volumes
In September, this figure fell to $466 million
29.09.2022 - 10:05
138
1 min
0
What’s new? According to Dune Analytics, non-fungible token (NFT) trading volumes have fallen by 97% since the beginning of 2022. From January to September, this figure dropped from $17 billion to $466 million. Bloomberg reports, citing research from the analytics firm, that data was collected from NFT marketplaces such as OpenSea, NFTX, LarvaLabs, LooksRare, SuperRare, Rarible, and Foundation.
What else does the report say? A total of about 42 000 NFT traders were recorded in September, with a peak of 66 000 in March. Bloomberg also noted that the ongoing crypto winter has caused the industry’s total capitalization to drop by about $2 trillion.
On September 12, the total number of NFTs issued on the Solana blockchain reached 312 000. On September 4, this figure was only 39 000. Also, this month, the marketplace posted its highest level of trading since May, at $11,5 million.
Apple also approved the possibility of selling non-fungible tokens in applications that are hosted on the AppStore. However, a 30% commission will be charged when selling NFTs through the apps.
Useful material?
Telegram 
Twitter Market
It costs more than $2000 an hour for a company specialist, while at least 100 employees are involved in the proceedings on the collapse of the exchange
Jan 27, 2023
Market
The entrepreneur agrees to eat a Happy Meal live if the restaurant adds DOGE as a means of payment
Jan 27, 2023
Market
Cryptocurrency expert Dylan LeClair also noted that the average rate of most coins has been showing positive dynamics over the last 30 days
Jan 27, 2023
Market
At the DAO vote, the initiative received the support of about 99% of the participants
Jan 27, 2023
Market
The index rose to 55 for the first time since March 30, 2022
Jan 27, 2023
Market
The cost of the accounts ranges from $50 to $300, depending on the availability of verification
Jan 27, 2023
Cryptocurrency rates
-
Bitcoin
$22 896
BTC
-1.29%
-
Ethereum
$1 571.91
ETH
-1.12%
-
Ripple
$0.4
XRP
-0.23%
-
Cardano
$0.37
ADA
-1%
-
Dogecoin
$0.09
DOGE
+7.6%
-
Polkadot
$6.22
DOT
-0.65%
-
Litecoin
$93.92
LTC
+2.41%
-
Solana
$10.15
SOL
-9.47%
-
Monero
$175.04
XMR
-4.65%
-
Bitcoin-cash
$132.96
BCH
+0.81%