NFT Monthly Sales Top $947M as Solana Gains Ground on Ethereum
Amid the ongoing crypto market downturn, overall NFT sales volume remained largely flat in September. But while overall volume appears stagnant, individual NFT sales are keeping pace, high value NFTs on Ethereum are still selling, and Solana NFTs are gaining steam. All in all, $947 million worth of NFT trading volume was recorded in September, according to data from DappRadar—and that figure specifically excludes suspected wash trades. That compares to $927 million in August and nearly $916 million in July. June was the last month to crack the billion-dollar mark at $1.03 billion. The NFT market remains in significant decline from the frenzy of late 2021 and earlier this year.
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