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8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024 | NFTs & DeFi 🗓

8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024

In the last 30 days alone, the digital collectible market has seen transactions totaling $1.15 billion, as per the most recent data. Coin98 Analytics, drawing on information from cryptoslam.io on April 1, revealed the leading eight blockchain networks by NFT sales in Q1. According to this data, Ethereum-based NFTs garnered $1.4 billion of the total sales across three months. Ethereum also recorded $970 million in wash trades, a distinction made clear by Coin98 Analytics’ depiction of ‘organic’ versus ‘wash volume’ sales.

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