April 26, 2024

DappRadar: The number of sold NFTs exceeded 101 million last year

Article Reading Time:
1 min.

DappRadar: The number of sold NFTs exceeded 101 million last year

DappRadar analysts presented a report showing that the number of non-fungible tokens sold reached 101 million in 2022, up 67% from the previous year.

According to DappRadar, the Ethereum ecosystem ranked first in terms of the number of NFTs sold, accounting for about 21% of the market share.Wax is in second place with 14.5%, Polygon is third with 13.3%, and Solana is fourth with 12.9%.The Immutable X and Solana ecosystems saw significant growth compared to 2021, with transaction activity increasing by 315% and 440%, respectively.

Notably, there have been almost no changes in the BNB ecosystem — 1 million transactions in 2021 and 2022.Analysts also singled out Ethereum and Cardano as platforms with the most active developers.Activity in the Cosmos and Polkadot modular bolkchains also increased — by 131% and 16%, respectively.

Experts said that the NFT sector is still doing great despite the crisis in the market.At the same time, the company believes that it will continue to expand in the new year.Also in 2022, there are quite a few new networks and decentralized applications that willto increase and strengthen its position in the market, which will lead to increased competition.

Previously, DappRadar presented a report, according toto which the number of active crypto wallets increased in October by 7% compared to the previous month. According to experts, this may indicate that the crypto winter is coming to an end. However, the report was published before the collapse of the FTX crypto exchange.