This month, the top five NFT marketplace platforms surpassed $40 billion in all-time sales.
While non-fungible token sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32 billion worth of sales as the NFT market platform currently dominates the top five NFT marketplaces by 79%.During the month of October, the top five NFT marketplaces surpassed the $40 billion mark, in terms of all-time sales, with approximately $41.
The average price paid for an NFT via Axie Marketplace is around $171. Solana’s Magic Eden has captured $1.83 billion in sales that were settled by 1.21 million traders. The average value paid for an NFT on Magic Eden on Oct. 29 is $124. X2Y2 has not tapped a billion in NFT sales yet, but it has been inching its way toward that milestone. On Oct. 29, 2022, the NFT market X2Y2 settled $891 million among 158,273 traders. The average price paid for an NFT on X2Y2 is approximately $582.78 at the time of writing.
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