NFT collectors sent $37B to marketplaces in 2022, nearly equaling 2021 already

NFT collectors sent $37B to marketplaces in 2022, nearly equaling 2021 already

Despite sporadic market conditions NFT collectors are on track to spend more on NFTs in the first half of this year than in all of 2021. Collectors of non-fungible tokens (NFTs) have already sent more than $37 billion in value to NFT marketplaces this year (as of May 1), a figure that nearly exceeds the total amount in all of 2021. According to a report from Chainalysis, investors sent $40 billion worth of cryptocurrency to smart contracts associated with NFT collections and marketplaces throughout 2021. Source: ChainalysisSince the beginning of last year, NFT transaction volume has grown....


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$37 Billion Already Sent To NFT Marketplaces This Year, Almost Equal To 2021

NFT investments have shown remarkable growth during the first half of the current year and are almost equal to the total sales volume for 2021. However, the crypto industry is experiencing a rare market condition. As per the report, non-fungible token collectors have spent worth $37 billion in the industry and claimed that their transactions […]

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