Along with the recovery of Ethereum prices, monthly NFT sales exceeded US$562 million in November, a significant increase of 57.8% from US$356 million in October, of which Ethereum network sales exceeded US$216 million, an increase of 12% from October. But NFT monthly trading volume is still far from its 2024 peak. In March, NFT sales hit a year-high of $1.6 billion. However, it has remained sluggish, reaching its lowest point since 2021 at $303 million in September.
CryptoSlam data also shows that CryptoPunks led the NFT market in November, with 30-day sales exceeding $49 million, a month-on-month increase of 392%. 388 sales transactions were recorded, a 213% increase from October. In addition to CryptoPunks, the Pudgy Penguins series also had an impressive November, with single-month sales soaring 262% month-over-month, with turnover reaching $16 million. (Cointelegraph)