NFT Trading Volume Drops 19% in 2024 Despite Crypto Market Growth

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NFT Trading Volume Drops 19% in 2024 Despite Crypto Market Growth The NFT (non-fungible token) market struggled in 2024, experiencing declines in both trading volume and sales transactions, according to DappRadar ’s 2024 Dapp Industry Report . Trading volume fell 19% year-over-year to $13.7 billion , while the total number of sales transactions dipped 18% , reaching just under 50 million . This downturn contrasts sharply with the broader cryptocurrency market, which saw a 125% surge in Bitcoin’s...