🔥 The NFT market started December with an impressive surge!
💰 The first week of the month showed a record sales volume — over $187 million, surpassing even the best figures of November ($181 million).
📊 This is a vivid testament to the gradual recovery of the market after the downturn observed in spring and summer.
🚀 Ethereum confidently leads among blockchains where NFTs are sold, with sales exceeding $92 million.
🐧 This growth is driven by the surge of popular collections like Pudgy Penguins (sales up 346% to $25 million!) and CryptoPunks ($16.5 million).
⬆️ The minimum prices for these collections have also increased significantly, indicating high demand.
🥇 Following Ethereum are NFTs based on Bitcoin ($43.8 million), as well as other blockchains, including Solana, Immutable X, and others, with a total sales volume of around $47 million.
🌐 This shows that interest in NFTs remains strong and is developing across different platforms.
📈 Notably, the growth of the NFT market occurred against the backdrop of a sharp increase in the price of Ethereum, which exceeded $4000.
🔮 Analysts see this as a sign of possible long-term growth for cryptocurrency and predict new records, with price forecasts for ETH up to $15,000.
I gave my prediction about Ethereum in this article
🚀 This rapid growth of NFTs at the beginning of December may indicate the start of a new market development cycle and suggests that interest in digital collectibles remains high.
🤔 It remains to be seen how events will develop further! 🔥
$ETH $BTC $SOL
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