Ethereum and Bitcoin Lead NFT Sales Recovery Amid 2024 Market Challenges and Oversaturation
NFT sales have surged to $8.8 billion in 2024, led by dominant blockchains Ethereum and Bitcoin, despite facing significant market challenges. The late-year growth in Q4 managed to counter a seven-month downturn, showcasing resilience in the NFT market. According to COINOTAG, “oversaturation in the market left 98% of collections with little to no trading activity … Read more