NFTs start December with $187M weekly sales volume

Non-fungible tokens (NFTs) started strongly in December, with Ethereum leading the top digital collectible blockchains in sales.

On Dec. 8, NFT data tracker CryptoSlam reported that digital collectibles recorded more than $187 million in weekly sales volume during the first week of December, continuing an upward trend that began in October. The opening week of December outpaced the strongest week in November, which saw $181 million in NFT sales.

NFT volumes have decreased since March before reaching their lowest point in September when NFTs recorded their worst monthly sales volume since 2021. However, the asset class recovered in October. This was followed by a 57% month-on-month increase as NFTs saw sales volume of over $562 million in November.