The number of NFT collections on the Ethereum network grew by over 100% in 2022

The number of Ethereum addresses containing one or more non-fungible tokens has also increased significantly

19.04.2022 - 14:20

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What’s new? As of 2022, Ethereum has a total of 80 300 NFT collections, 15 540 more than in 2021. The number of Ethereum addresses containing one or more NFTs has also increased dramatically.This is indicated by data from analytics firm IntoTheBlock.

Information on the IntoTheBlock website

What indicators did the analytics firm highlight? Over the past year, the daily volume of NFT trading has increased: in 2021 it was $622 million, and in 2022 it has increased almost 90-fold to around $54,58 billion.The number of Ethereum addresses storing at least 1 NFT has increased: in 2021 only 1,4% of the wallets had 1+ NFTs, and in 2022 that number has increased to 4,64%.

The most expensive project among all Ethereum-based NFT collections remains BoredApeYachtClub, which is owned by 6422 addresses and its market value of up to 1,05 million ETH. CryptoPunks and MutantApeYachtClub are second and third in the NFT rankings by value with 471,43 000 ETH and 456,23 000 ETH respectively.

What had happened before? In early April, Bridge Oracle founder Sina Estavi put up for sale Twitter founder Jack Dorsey’s first tweet on the OpenSea platform. He set the price at 14 969 ETH.

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