{"id":20593,"date":"2024-11-11T15:03:55","date_gmt":"2024-11-11T15:03:55","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=20593"},"modified":"2026-02-09T08:22:33","modified_gmt":"2026-02-09T08:22:33","slug":"nft-market-surges-18-in-october-sales-rebound-to-356m","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/nft-market-surges-18-in-october-sales-rebound-to-356m\/","title":{"rendered":"NFT Market Surges 18% in October, Sales Rebound to $356M"},"content":{"rendered":"\n
NFT Market Sees 18% Surge in October, Ending Prolonged Downtrend with $356 Million Volume<\/p>\n\n\n\n
NFTs<\/strong>, the favored investment assets in the world of digital collectibles<\/strong>, experienced a substantial recovery in October. Monthly sales volume reached $356 million<\/strong>, an 18 percent<\/strong> increase from September, effectively marking the end of a seven-month downtrend. NFT sales<\/strong> on platforms like Solana<\/strong> played a pivotal role in supporting this resurgence.<\/p>\n\n\n\n\n\n\n\n
The NFT market<\/strong> had been in a steady decline after peaking at a record high of $1.6 billion<\/strong> in March 2024. The October recovery has reinvigorated optimism within the sector. Transaction volume rose from $300 million in September<\/strong> to $356 million in October<\/strong>, providing a renewed sense of momentum. Additionally, the number of transactions surged, growing 42 percent<\/strong> from 5 million to 7.2 million<\/strong> in October. The first week of October (September 30 – October 6) saw an impressive $84 million<\/strong> in sales\u2014the highest weekly volume recorded since August.<\/p>\n\n\n\n\n\n\n\n
Top NFT Collections: DMarket and Guild of Guardians Heroes Lead the Way<\/h2>\n\n\n\n<\/figure>\n\n\n\n
October\u2019s highest-performing collection was DMarket<\/strong> on the Mythos Chain<\/strong> infrastructure, which topped the charts with a total sales figure of $33 million<\/strong>. Following closely, the Guild of Guardians Heroes<\/strong> collection on the Immutable platform<\/strong> recorded $13 million<\/strong> in sales. Other popular collections, such as Bitcoin Puppets<\/strong>, Bored Ape Yacht Club<\/strong>, and CryptoPunks<\/strong>, also posted impressive sales figures in October.<\/p>\n\n\n\n\n\n\n\n
The Solana<\/strong> ecosystem contributed significantly to the NFT market<\/strong> in October. Collections based on Solana<\/strong>, including DogeZuki<\/strong>, Froganas<\/strong>, and Retardio Cousins<\/strong>, collectively generated nearly $25 million<\/strong> in sales. This success enabled Solana to secure a 19%<\/strong> share of the total NFT market volume for the month. The total volume of Solana-based NFTs<\/strong> reached $67 million<\/strong> in October, and with a cumulative NFT sales volume nearing $6 billion<\/strong>, Solana has cemented its status as a key player in the industry.<\/p>\n\n\n\n\n\n\n\n
NFT Market Sees 18% Surge in October, Ending Prolonged Downtrend with $356 Million Volume NFTs, the favored investment assets in the world of digital collectibles, experienced a substantial recovery in October. Monthly sales volume reached $356 million, an 18 percent increase from September, effectively marking the end of a seven-month downtrend. NFT sales on platforms …<\/p>\n","protected":false},"author":1,"featured_media":20114,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[309],"tags":[316],"class_list":["post-20593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-web3new","tag-nft"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/20593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=20593"}],"version-history":[{"count":1,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/20593\/revisions"}],"predecessor-version":[{"id":41590,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/20593\/revisions\/41590"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/20114"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=20593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=20593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=20593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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