NFTs
• December 28, 2021, 2:43PM EST
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The trading volume of non-fungible tokens (NFTs) surpassed $13 billion in the year 2021, according to The Block Research.
That figure, based on data as of December 28, is a massive 42,988% increase compared to 2020 NFT trading volumes. Last year, NFTs had a trading volume of just over $33 million.
OpenSea is the leading NFT marketplace. It facilitated nearly 88% of the total trading volumes for 2021, or over $12.5 billion, according to The Block Research.
About Author
Yogita Khatri is a senior reporter at The Block, covering all things crypto. As one of the earliest team members, Yogita has played a pivotal role in breaking numerous stories, exclusives and scoops. With nearly 3,000 articles under her belt, Yogita holds the records as The Block's most-published and most-read author of all time. Prior to joining The Block, Yogita worked at crypto publication CoinDesk and The Economic Times, where she wrote on personal finance. To contact her, email:
[email protected]. For her latest work, follow her on X @Yogita_Khatri5.
