NFT Market Growth

In 2020, NFT trading volume on all platforms was at the level of 100 million US dollars. Within a year, this rate increased by %20000 and exceeded the volume of 17 billion in 2021. Currently, NFT trading volumes exceed 23 billion US dollars, of which about 41% come from gaming NFTs (Forbes, 2021). It was noted that NFT trades in OpenSea accounted for 88 percent of the total NFT transaction volume in 2021. It was also emphasized that the transactions on the platform are approximately 12.5 billion US dollars. Investors made a total profit of 5.4 billion US dollars from the sales of NFTs in 2021. It was stated that more than 470 wallets managed to make profits in excess of 1 million US dollars. According to a recent report from Chainalysis, the NFT industry is still growing rapidly and experts predict that it will exceed 256.97 billion US dollars by 2025.