
Cheaper NFTs Mean Sales Are Surging, But Trading Volume is Plummeting: DappRadar
NFT trading volumes saw a quarter-on-quarter plunge of 45%, according to a new report—despite sales surging by 78%. DappRadar says there's still a healthy interest in digital collectibles, but there's been a "sharp drop" in the average prices paid. In a sign that multimillion-dollar Bored Ape Yacht Club and CryptoPunks sales are a distant memory, trading volume stood at $823 million in Q2—down from $4 billion a year ago. A total of 12.5 million sales took place over this three-month period. That compares with 15 million in Q2 2024, but it's a huge jump from the 7 million seen in…








