In November 2023, the volume of digital assets locked in decentralized financial protocols increased by 12%, reaching $86 billion compared to $77 billion in the previous month. This upward trend resulted from improved investor sentiment, leading to increased capital inflows into DeFi projects, as reported by DappRadar.
The Ethereum network continues to maintain its leadership in the number of protocols, with a combined market capitalization growth of 20% to $60.56 billion over the last month.
DeFi projects on the Solana (SOL) blockchain collectively accumulated $2.14 billion, representing a 75% growth in November.
Trading volumes in the NFT market increased by 125% and approached the $1 billion mark.
Marketplaces for digital collections conducted 3.6 million transactions in the last month, with the average transaction size growing from $126 to $270.
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