In 2024, NFT Trading Volume Drops to $13.7 Billion, Hitting a Near Four-Year Low

BlockBeats News, January 15th, according to the latest DappRadar report, the 2024 NFT market transaction volume has decreased by 19% to $13.7 billion compared to the previous period, with the number of transactions dropping to 49.8 million, marking the worst performance since 2020. The report indicates that although the transaction volume in Q1 reached $5.3 billion, a 4% increase compared to the previous period, it dropped to $1.5 billion in Q3, only to rebound to $2.6 billion in Q4.