NFT Frenzy recorded sales of over 10 billion USD in the third quarter, while AX achieves another ATH

NFT Frenzy recorded sales of over 10 billion USD in the third quarter, while AX achieves another ATH

According to statistics of Analytics websites, NFTS worth more than $ 10.7 billion were sold between July and September.

digital art, memes, gaming articles and collectibles have sold like warm rolls in the past three months, so much that they even made headlines Reuters .

The report, citing figures from Dappradar, said that the impressive number of $ 1.3 billion in the second quarter and $ 1.2 billion rose in the first quarter in the third quarter. The numbers could be even higher, since they do not contain off-chain transactions, as they are carried out by auction houses.

nonfungible, which NFTS only follows on the Ethereum blockchain, puts the total volume in 2021 to $ 7 billion.

OpenSea and Axies lead the way

NFT-Marktplatz " OpenSea dominated in trading volume. Since most NFTs are based on the ETHEREUM ERC-721 standard, they have also been responsible for record transaction fees in the past few months.

Etherscan reports that the platform with 22.5% of the entire share has been the highest gas producer on Ethereum in the last 24 hours. It had generated 2,189 ETH or $ 7.3 million in network fees since yesterday. In fact, OpenSea pumps more gas than uniswap and tether.

dappradar is currently reporting

More than half of the NFTS sold in the reporting period were between $ 101 and $ 1, and about 20 % were between 1,001 and $ 10,000 $ non-fungibible .

The NFT project based in the USA, which sells algorithmically generated digital works of art called Art Blocks, recorded impressive growth in the quarter. The "Play-to-Eearn" meta-verses from Axie Infinity was, however, with more than $ 2.2 billion, the largest seller of NFTS Cryptoslam .

There are currently around 2 million axie owners, reported the NFT ranking website. According to Dappradar, Axie Infinity generated sales of $ 776 million in the third quarter.

NFT fever drives AXS to the ATH

The gaming platform staking-incentives for its native AX token last week Price increase $ 156 on October 4th.

at the time of writing was traded at $ 137, an increase of 115% in the last seven days and a whopping 825% in the past three months.

.