Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Ethereum NFT monthly sales rise to 10-month high – what happens now?
ALTCOIN NEWS

Ethereum NFT monthly sales rise to 10-month high – what happens now?

By Crypto FlexsFebruary 24, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum NFT monthly sales rise to 10-month high – what happens now?
Share
Facebook Twitter LinkedIn Pinterest Email

  • Ethereum’s monthly NFT sales hit the highest in 10 months.
  • Regular NFT market capitalization has increased by double digits over the past month.

Monthly sales of non-fungible tokens (NFTs) on the Ethereum (ETH) network have surpassed $430 million, the highest in 10 months. Cryptoslam.

Over the past 23 days, NFT sales on the proof-of-stake network totaled $433 million, up 22% from January’s record sales of $355 million.

The last time monthly NFT sales on the Ethereum network exceeded $400 million was in April 2023, according to the data provider.

Ethereum monthly sales

Source: CryptoSlam

As of this month, registered sales volume totaled 677,456 transactions, with 98,000 net sellers and 118,371 net buyers.

Interestingly, the total number of NFT transactions recorded over the past 23 days is down 27% compared to the 929,155 total transactions completed in January.

Nonetheless, with five days left until the end of the month, on-chain data shows February sales exceeding January sales by double digits.

Blur is in charge

Blur (BLUR) has seen the highest trading activity among all existing NFT marketplaces over the past 30 days.

According to DappRadarThe NFT marketplace and aggregator continues to maintain its position as the leading protocol in terms of sales volume, despite recording a double-digit decline last month.

AMBCrypto saw trading volume on the platform plummet 21% over the past 30 days, totaling $601 million. This is despite a 6% increase in the number of NFT transactions and a 14% increase in the number of traders using the protocol.

Leading NFT marketplace OpenSea saw a 5% increase in trading volume over the period under review, while sales fell by 83% compared to Blur. According to DappRadar, OpenSea had $105 million in NFT sales last month.

General market status

In line with how the general NFT ecosystem has fared over the past month, highly regarded collections tracked by the Blue Chip Index have soared in value.

According to NFTGo, this metric tracks the performance of Blue Chip NFTs and is calculated by weighting the market capitalization of these NFTs to determine performance. At 5832 ETH at press time, the blue chip index is up 16% since the beginning of the year.

NFT Market Blue Chip IndexNFT Market Blue Chip Index

Source: NFTGo

After evaluating the performance of all NFT collections, we found that sales decreased by 6% last month. But despite this, regular NFT market capitalization increased 17% during that period, according to NFTGo data.

Next: FIL surpasses early January highs. Should we move to $10 next time?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ETF Land Rush: Solana’s filing speed outpaces XRP and matches BTC.

October 23, 2025

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 2025

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025

Shamir’s Secret Sharing (SSS) for secure quantum data storage

October 25, 2025

MultiBank Group and Khabib Nurmagomedov Launch an Exclusive Worldwide Multi-Billion-Dollar Joint Venture to Build the World’s First Regulated Tokenized Sports Ecosystem.

October 25, 2025

Bitcoin price surpasses $125,000 and hits ATH.

October 25, 2025

People Are Earning Thousands Of Dollars A Day

October 25, 2025

The $19 billion cryptocurrency collapse: A catalyst for Bitcoin to reach $200,000 by 2025: Standard Chartered

October 25, 2025

Humanity protocol price rises by 70% with launch of sustainable digital ID

October 24, 2025

RIVER Gains 5x Following Binance Perp Listing, Supported By Time-Encoded Airdrop Conversion

October 24, 2025

HYPE price is targeting a 54% rise with a breakout of the falling wedge.

October 24, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 2025

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025
Most Popular

Trust Wallet – wBTC and zero balance

March 9, 2024

Laxmi M – Presenting a Decentralized Spiritual Ecosystem

March 2, 2024

Institutions are ditching Bitcoin for Ethereum: Will the trend continue?

August 9, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.