Here’s the ‘big picture’ story of how the NFT market is really faring

Non-fungible token (NFT) trading volumes and sales may have fallen in October. However, according to DappRadar’s findings, an increase of 18% in monthly unique NFT traders demonstrates that the market is still in “high demand.” DappRadar reported that there were 1.11 million monthly unique NFT traders in October, up 18% from the roughly 950,000 traders there … Read more

Ethereum Surpasses $25 Billion in All-Time NFT Sales 

Ethereum continued to cross milestones in the non-fungible token (NFT) space after extending its lead as the biggest blockchain by all-time sales volume.  Ethereum is the most popular chain when it comes to the buying, holding, and selling of digital collectibles. According to Be[In]Crypto Research, Ethereum had a total sales volume of approximately $27.50 billion … Read more

Good news for the NFT Ecosystem

As NFT sales expand beyond Ethereum, we can see the first signs of the NFT space maturing because of the growth of alternative NFT blockchains. This will help the adoption and long term survival of this ecosystem Ethereum: Imperfect by design? The primary reasons people despise the Ethereum blockchain for NFT transactions include the followings; … Read more

Japanese Software Giant Line Plans to Launch NFT Market Next Month

This post was originally published on News.Bitcoin The Japanese social media and messenger software firm Line Corporation has announced the company is introducing a non-fungible token (NFT) marketplace on April 13. Line detailed on Wednesday that the market will be called “LINE NFT” and it will showcase “more than 100 types of NFTs.” Japan’s Line … Read more

NFT Market: Ethereum Loses Space to Solana – JPMorgan

NFT market: The dominance of the Ethereum (ETH) network in the non-fungible token (NFT) market is being threatened by Solana (SOL), according to a new report from JPMorgan Chase. Sponsored Sponsored Analysts at the traditional investment bank noted that Solana has captured an increasing share of the NFT market. Every day, more users and developers … Read more